EFE Securities •

1 week ago •

Weekly Reports

WEEKLY REVIEW 19.06.2026

The ZSE market maintained gains in the week under review despite constrained activity. Three of the four benchmark indices we review recorded decent gains during the week with the All-Share Index notching up 2.94% to settle at 400.04pts. The Industrial Index was 2.81% higher at 393.07pts while, the Blue-Chip Index was 4.71% firmer at 401.30pts while, on the contrary the Mid Cap Index was 3.92% weaker at 421.61pts as it reduced its YTD gains to 51.58%. Elsewhere, agriculture concern TSL shareholders approved the company's delisting from the ZSE and its subsequent migration to the Victoria Falls Stock Exchange, with the last day of trading set for 24 June 2026.

Brick manufacturer Willdale led the risers of the day on a 25.50% surge that took it to $0.0502. Turnall Holdings Limited followed on a 18.81% uptick as it closed at $0.1188 while, cable manufacturer CAFCA was 15.00% up at $16.1000, where supply could be found. Banking group CBZ added 14.40% week on week and closed at $22.1402 while, Zimre Holdings Limited rebounded 13.64% to close at $0.7500. Plastic manufacturer Proplastics advanced 7.41% to $1.3900 with Hippo Valley Estates increasing 5.81% during the week and closed at $9.1000. Agricultural concern Ariston put on 4.74% to settle at $0.0670 while, Meikles edged up 3.70% to $2.8000. First Mutual Limited was 1.52% higher at $2.1775, albeit on waning demand.

Tanganda Limited headlined the losers of the day on a 24.95% as it settled at $3.7450 while, RTG followed on a 24.40% decline that took the hotelier to $1.2851. Property concern Mashonaland Holdings lost 17.71% to close at $1.3742 while, Masimba Holdings Limited retreated 14.02% to end pegged at $2.6081, where demand could be found. ART Corporation was 8.86% lower to settle at $0.2005 while, milk processor Dairibord dropped 6.67% to close at $2.8000, despite firming demand in the name. Unifreight lost 6.25% as it closed at $1.5000 while, British American Tobacco eased 4.23% to $208.9000 on the back of selling pressure. TSL reversed prior week’s gains on a 3.00% loss as it closed at $7.2500. Banking group TN Cybertech was 0.83% down at $0.1488 as it completed the top ten losers of the week.