EFE Securities •
10 months ago •
Weekly Reports
WEEKLY REPORT 11.07.2025
The ZSE market faltered in the session as three of the four Indices we review closed in the red. The All-Share Index was 0.60% weaker at 195.90pts while, the Industrial Index lost a similar 0.60% to end pegged at 195.76pts. The Blue Chip retreated 1.36% to settle at 189.72pts, widening its YTD losses to 11.86%. The Mid Cap Index was 6.26% firmer at 241.85pts mainly anchored by five of its constituents that dominated in the risers’ list of the week. Elsewhere, ZSE Holdings successfully self-listed on the Zimbabwe Stock Exchange (ZSE) and began trading in Friday’s session at a price of $3.4899.
The quartet of small cap counters led the fallers of the week with brick manufacturers Willdale headlining on a 25% slump that took it to $0.0300. Star Africa followed after letting go 24.53% to $0.0406 as selling pressure continues while, ART Corporation was 14.91% down at $0.1455. Unifreight lost 14.38% to close the week at $1.3100. Ecocash Holdings declined 7.72% week on week to close at $0.1251 as banking group CBZ weakened 7.45% to $6.5000, where demand could be found. Plastic manufacturer Proplastics was 6.23% down at $1.2190 while, Ariston Holdings trimmed 6.00% to close at $0.0376 on selling pressure. General Beltings completed the losers’ set of the week on a 4.29% slide that took it to $0.1005.
Overall, nine counters lost value during the week against eight fallers, to leave the market with a negative breadth of one. Leading the risers of the week was Zimre Holdings Limited that went up 25.63% to $0.2800 with FMP following on a 13.53% jump to $1.5866, where supply could be established. Rainbow Tourism Group which is trading under cautionary added 7.88% to $0.6500 on firming demand with tea processor Tanganda rebounding 6.71% to $0.9600. SeedCo Limited was 2.51% firmer at $2.4500 while, banking group FBC ticked up 1.97% to $7.7505 on retail demand. Another banking group NMB rose 0.07% week on week to settle at $3.7025 while, heavy cap Econet completed the weekly risers on a negligible 0.01% to end at $3.8005.