EFE Securities •

7 months ago •

Weekly Reports

WEEKLY REPORT-01.08.2025

The ZSE market extended gains in the week under review buoyed by continued demand in selected counters across the board. The primary All-Share Index rose 3.85% to 208.42pts while, the Industrial Index moved up 3.86% to 208.29pts. The Blue-Chip Index led the gains amongst the four indices under our review, after ticking up 4.78% to close at 203.47pts while, the Mid-Cap Index added 0.54% to 248.00pts, extending its YTD to 8.96%.  In other news, the National Budget review was released reflected a positive perform.

Cigarette manufacturer BAT headlined the top performers of the week on a 47.78% jump to $103.4463, followed by Mash Holdings that surged 21.59% to $1.6740, albeit on selling pressure. Tea producer Tanganda charged 20.77% to settle at $1.0869 while, retailer OKZIM went up 14.99% to $0.2100. FMP shot up 10.88% to close at $1.6300 as seed producer SeedCo Limited ticked up 7.44% to $3.7700. Beverage giant Delta swelled 4.74% to $13.8337 as sugar processor Hippo added 3.42% to settle at $6.4995. Milk processor Dairibord inched up 2.31% to $1.3300 while, banking group CBZ capped the risers’ set of the week on a 1.41% uplift to $7.2000. 
 
Sixteen counters traded in the positive week on week against ten fallers while, eight remained stable, leaving the market with a positive breadth of six. Zimpapers led the laggards of the week on a 20.40% drop to $0.0800, followed by Star Africa that slipped 20.09% to $0.0401. Ariston trimmed 19.49% to close at $0.0321 post reporting a reduction in loss by 43.56%. Proplastics tumbled 9.57% to $1.3000 while, logistics group Unifreight eased 7.94% to close at $1.2060. ART slid 5.04% to settle at $0.1600 while, life assurers FML parred off 2.51% to $3.5000. Zimre Holdings Limited and TSL declined 1.679% and 1.10% to end the week pegged at $0.2750 and $2.6990 respectively.