EFE Securities •

6 months ago •

Weekly Reports

WEEKLY REPORT-2025-08-29

ZSE caps month-ending week in the green as reporting season kicks in…

The ZSE market extended gains in the month-ending week as various entities began reporting on their half year performances in the week under review. The All-Share Index rose by 2.15% to close pegged at 205.16pts while, the segregated Industrials also gained a similar 2.15% to end pegged 205.02pts. The Blue-Chip Index advanced 2.61% to close pegged at 201.33pts, mainly anchored by gains in CBZ, BAT and Delta while, the Mid Cap Index was 0.46% up at 239.29pts, widening its YTD gains to 5.13%. Elsewhere, FBC released its HY25 results in which the group reported a profit for the year of ZWG915.56m and declared a dividend of US$0.0032. Leading the risers of the week was Dairibord that went up 65.03% week on week to close at $2.1454. Mashonaland Holdings Limited was 29.62% higher at $1.6850 with Willdale Limited ticking up 23.99% to end the session at $0.0372. OK Zimbabwe added 15.85% and closed at $0.2328, where supply could be found. Banking group CBZ Holdings Limited rose 12.68% to $8.0000 while, British American Tobacco rebounded 10.59% to close at $94.000. African Distillers advanced 7.69% to end at $7.0000 while, banking group TN CyberTech was 7.01% firmer at $0.1200, albeit selling pressure in the name.  Top capitalised counter Delta Corporation continued to glitter as it added 1.38% to end the week at $14.1650, having traded a high of $15.9000 during the week. ART Corporation was 0.73% higher to $0.1505 as it completed the top ten risers of the day. Overall, fourteen counters went up against twelve that lost value, while five remained stable to leave the market with a positive breadth of two. Turnall Holdings was the major victim of the week as it succumbed 46.02% to close at $0.0702. Tanganda followed on a 19.35% decline to $0.9500 while, Hippo lost 10.77% to $5.8000. Banking group NMB was 10% down at $3.6000 while, FML weakened 8.50% to settle at $3.2025. Sugar refiners Star Africa lost 6.98% to $0.0400. Ariston trimmed 6.00% to $0.0376 while, RTG eased 5.00% to end the week at $0.8075. ZSE Holdings tumbled 4.70% to close the week at $1.9775 with ZB Financial Holdings sliding 0.33% to end at $3.0000.