EFE Securities •
3 months ago •
Weekly Reports
WEEKLY REPORT-05.12.2025
ZSE surges in the first week of December…
The market commenced the first week of the month in gains as the All-Share Index added 4.54% to 245.63pts while, the Industrial Index notched up 4.53% to 245.58pts. The ZSE Top Ten Index edged up 5.80% to 249.35pts while, the Mid Cap Index fell 0.14% to 252.60pts. Elsewhere, seed producer SeedCo Limited released its HY26 results, in which the group reported a loss of $5.73m and no dividend was declared.
Heavy cap Econet Wireless headlined the winners of the week on a 25.88% uplift that took it to $6.9233. The upsurge came in the aftermath of a cautionary statement in which the telecoms giant underscored that they have commenced to evaluate potential corporate actions to address its grossly undervalued share price. Following was Willdale that went up 15.35% to end at $0.0451 while, First Mutual Limited added 14.96% week on week to end at $1.5700. Zimpapers was 13.64% firmer at $0.0800 while, TSL Limited rose 11.11% to end at $2.5000, albeit on scrappy shares. Banking group CBZ ticked up 9.76% to $9.0000 while, the rarely traded miner RioZim was 7.88% higher at $0.6500. Milk processor Dairibord added 5.56% to $1.9000 while, Ariston advanced 3.63% during the week and closed at $0.0332. SeedCo Limited was 1.72% up at $3.5604 as it completed
the top ten risers of the week. Overall, sixteen counters trended northwards during the week against fourteen fallers, while five remained stable. ZSE Holdings led the losers of the week after succumbing 23.92% to end pegged at $0.8300 on weakening demand. FMP trimmed 18.07% to $0.8600 with Star Africa sliding 14.86% week on week and closed at $0.0307. Meikles Limited rolled back to $3.2000 during the week on a 12.73% loss, while ZB was 11.70% down at $4.1500, where buyers could be established. Proplastics lost 9.71% to end the week at $0.9005 while, NMB reversed prior week’s gains on a 9.17% loss that took the banking group to $4.5416. OK Zimbabwe continued to lose its glitter after declining by a further 4.40% to settle $0.1482. Packaging group Nampak was 1.71% higher at $0.8380 with ZHL easing 1.06% to close at $0.5525.