EFE Securities •

11 months ago •

Weekly Reports

WEEKLY REPORT 09.05.2025

The ZSE market maintained gains into the second week of the month, mainly anchored by gains in heavy cap counters. The All-Share Index advanced 0.77% to close at 192.65pts while, the segregated Industrials edged up 0.77% to 192.51pts. The Blue-Chip Index was 1.03% firmer at 187.32pts while, the Mid Cap Index added a negligible 0.01% to close at 234.98pts. Elsewhere, Zimbabwe’s gold deliveries for April 2025 surged to about 3.9 tonnes, a 62.5% increase from the 2.4 tonnes recorded during the same month last year. 

Small cap counter Star Africa led the risers of the day on 54.69% rise that took it to $0.0309, albeit it closing well offered. Zimre Holdings Limited followed on a 22.11% jump that took it to $0.2140 while, tobacco processor BAT ticked up 20.57% to $139.0000. Ariston was 10.86% higher at $0.0500 on retail demand while, Mashonaland Holdings Limited rose 2.87% to $0.9258. Ecocash Holdings was 2.75% firmer at $0.1335 while, top capitalised counter Delta Corporation added 1.98% week on week to settle at $13.4303. Banking group CBZ was 1.78% up to close at $7.1250 with FBC Holdings ticking up 0.80% to settle at $7.6000.   RioZim completed the top ten risers’ list of the week after a 0.63% lift to close at $0.8000. Packaging group Nampak headlined the losers’ pack of the week on a 13.01% drop to $1.0000 as Art Corporation followed on a 11.26% plunge that took the conglomerate to $0.1966. Econet Wireless Holdings was 9.42% lower at $2.7029 with retailer OKZIM retreating 7.25% to $0.3200 on waning demand. Tea producer Tanganda rose 0.74% to close at $0.8506. Hippo Valley Estates eased 0.13% to $7.9900 while, Dairibord lost 0.06% during the week as it settled at $1.7225. Overall, ten counters traded in the 
positive during the week against fourteen fallers to leave the market with a negative breadth