EFE Securities •

3 months ago •

Weekly Reports

WEEKLY REPORT-21.11.2025

The market saw improved demand in heavy and mid-cap counters, as the ZSE buttressed prior week's gains, with all four benchmark indices under our review closing in positive territory. The ZSE All Share Index was 2.39% firmer at 220.53pts while, the Blue-Chip Index edged up 1.94% to 216.15pts. The Mid Cap Index charged 3.94% to 258.13pts as its constituents dominated the risers’ list of the week while, the segregated Industrials rose by 2.38% to 220.49pts. Elsewhere, cable manufacturer Cafca released it FY25 results in which it reported a PAT of US$1.89m and declared a final dividend of $0.028. 

Ariston topped the best performers of the week on a 54.18% jump to settle at $0.0339, followed by Nampak that charged 41.54% to $0.9200. Cigarette manufacturer BAT went up 30.39% to $92.5750 as Zimre Holdings Limited edged up 28.00% to $0.3200.  Turnall ticked up 21.95% to close at $0.1100 while, tea producer Tanganda surged 11.61% to $0.7500. ZB Financial Holdings added 9.24% to $4.7000 while, telecoms giant Econet firmed up 9.15% to $5.3284, where supply could be found. Banking group NMB inched up 4.67% to $4.5010 as TSL capped the top performers of the week on a 2.73% uplift to end the week pegged at $2.2524. The market ended the week on a positive breadth of three after fifteen counters recorded gains against twelve that faltered while, six remained stable. Trading in the negative territory was National Tyre Services that fell 56.81% to $0.2505 while, First Mutual Properties shed 25.78% to $1.1000. Brick maker Willdale dropped 12.25% to settle at $0.0351, as retailer OKZIM eased 12.20% to $0.1800 during the week. Star Africa plunged 7.57% to $0.0314 while, insurer First Mutual Holdings declined 7.48% to settle at $1.1125. Seed producer SeedCo Limited came off 7.32% to $3.8000 while, ZSE Holdings retreated 6.66% to $1.0641. Cable manufacturer Cafca succumbed 6.25% to $15.0000 while, TN Cybertech capped the worst performers of the week on a 4.40% dip to $0.1195, on waning demand.