EFE Securities •

1 month ago •

Weekly Reports

WEEKLY REPORT-23.01.2026

ZSE maintains a positive momentum… 

The ZSE market maintained a positive momentum in the week under review as the primary All Share Index rose 0.98% to 363.94pts while, the segregated Industrials gained 1.48% to 352.70pts. The Blue-Chip Index closed 0.85% firmer at 376.39pts as the Mid Cap Index added 1.72% to 324.96pts. Elsewhere, Delta Corporation, Zimbabwe’s largest beer and soft drinks maker, has reported a total tax contribution of US$315.2m to the national fiscus for the year ended December 31, 2025. Cigarette manufacturer BAT topped the best performers of the week on a 38.60% jump to $127.5120, followed by Masimba Holdings that surged 15.00% to $2.1850. Mining house RioZim advanced 9.23% during the week and closed at $0.7100 while, milk processor Dairibord shot up 8.75% to $1.7998. TN Cybertech added 6.30% to $0.1489 with tea producer Tanganda swelling 5.16% to $0.6904. 
Proplastics charged 4.80% to $1.3900 as Nampak rose 3.83% to settle at $0.7600. Brick maker Willdale edged up 3.33% to $0.0310 while, First Mutual Limited capped the top ten winners of the week on a 2.65% uplift to end at $3.4902.  Trading in the negative territory was Mashonaland Holdings that dropped 8.29% to $1.3000, trailed by CBZ that fell 1.96% to $14.2000. FMP trimmed 1.89% to close at $0.8700 while, retailer OKZIM tumbled 0.74% to $0.1201 on waning demand. Zimpapers came off 0.45% to $0.0700 while, sugar processor Hippo Valley Estates slipped 0.38% to settle at $10.2600, where demand could be found. Ariston plunged 0.34% to $0.0299 as banking group FBC eased 0.20% to $12.4150. ZSE Holdings declined 0.07% to $0.8095 as logistics group Unifreight completed the laggards of the week on a 0.03% loss that took it to $1.7495.