EFE Securities •

19 hours ago •

Weekly Reports

WEEKLY REVIEW -13.03.2026

 ZSE reverses prior week’s gains… 
The ZSE market reversed prior week's gains, mainly weighed down by heavy and medium cap counters that 
experienced profit taking in the week under review. The All-Share Index was 3.51% weaker at 351.69pts while, 
the Blue-Chip Index was 3.48% down at 359.79pts. The Old Industrial Index was 3.70% lower at 344.72pts while, 
the Mid Cap Index lost  3.67% during the week to  342.49pts. Elsewhere, Zimbabwe’s dairy industry is set for a 
significant shift after the Competition and Tariff Commission approved the proposed acquisition of dairy 
processor Dendairy by Vamara Group Limited, a subsidiary of Mauritius-registered Export Trading Group, subject 
to conditions.

Leading the risers of the week was Proplastics which 
topped on a 28% surge that took it to $1.2800 with 
Tanganda Tea following on a 21.15% rise as it closed at 
$0.8481, where supply could be found. TSL Limited added 
13.62% to end the week at $3.6925 while, Zimre Holdings 
recovered 13.45% to close at $0.6467. Star Africa rose 
12.47% to settle at $0.0337 as banking group TN 
Cybertech rebounded 9.37% to end at $0.1102 on 
resurgent demand. Sole miner RioZim was 5.63% firmer 
at $0.7500 on a rare trade while, property concern FMP 
which is trading under cautionary added 4.15% to 
$1.0800. Brick manufacturer Willdale was 3.45% higher at 
$0.0300 as RTG completed the top ten risers set of the 
week on a 2.59% rise that took it to $1.1797.  
Headlining the losers of the week was Hippo Valley 
Estates which succumbed 33.03% to end at $7.4706 with 
Masimba Holdings following on a 14.63% decline that 
took the construction group to $1.8325 where, demand 
could be established. SeedCo Limited lost 14.19% week 
on week and settled at $3.9600 while, Dairibord 
Zimbabwe Limited dropped 13.11% to end at $2.6500. 
ZSE Holdings reversed prior week’s gains on a 9.09% loss 
that took it back to $1.0000. Top capitalised stock Delta 
Corporation tumbled 7.38% to end the week lower at 
$26.1603, having traded an intra-week low of $26.0000. 
Ariston was 5.92% lower at $0.0301 while, Turnall 
Holdings eased 2.77% to settle at $0.0962. CBZ Bank 
trimmed 1.46% to $14.0000 with ART Corporation sliding 
1.00% to $0.2475 as it completed the top ten risers of the 
week.