EFE Securities •
6 months ago •
Weekly Reports
WEEKLY REPORT-2025-08-15
The ZSE market stayed in the negative territory as the primary All Share Index slid a further 1.22% to 200.84pts while, the Industrial Index declined by a similar 1.22% to 200.70pts. The Blue-Chip Index dipped 1.50% to close at 196.22pts while, the Mid Cap Index fell 0.18% to 238.18pts reducing its YTD gains to 4.65%. Elsewhere, Nampak Limited, concluded a sale and purchase agreement to dispose of a 51,43% stake in its local unit to TSL Limited, subject to regulatory and other suspensive conditions.
The risers and fallers spectrum was evenly distributed at nine, while five counters traded unchanged. Banking group FBC was the major victim of the day after succumbing 15.58% to close at $ 6.5000, where demand could be established. Sugar refiners Star Africa followed on a 11.77% plunge that took it to $0.0420 on selling pressure. NMB lost 3.64% to $3.6135 with heavy cap Econet sliding 1.35% to close at $4.5755 on weakening demand. Retailer OKZIM was 0.81% lower at $0.2105 while, ZSE Holdings continued to lose its glitter, having fallen 0.45% week on week and closed at $2.0900. TN Cybertech trimmed 0.36% to $0.1196 on the back of selling pressure. The duo of Hippo Valley Estates and
Meikles lost an identical 0.01% to end at respective prices of $6.5000 and 3.5002.
Topping the winners of the week was agricultural concern Ariston which went up 29.63% during the holiday shortened week. Trailing behind was brick maker Willdale which ticked up 16.45% to settle at $0.0350 while, RTG added 11.07% to end at $0.8125, where supply could be established. Nampak rose 3.09% to $1.0000 while, Tanganda advanced 2.24%, post-announcement that the tea processor is finalising the preparation of a circular to shareholders ahead of a US$8mn capital raise. Top Capitalised counter Delta continued to shine as it added 0.34% week on week to settle at $13.8995 while, CBZ Holdings and SeedCo added an identical 0.07% to close at $7.0593 and $3.6925 in that order. ZB rose 0.01% to $3.0575 and completed the risers set of the week.