logo

A member of the Zimbabwe Stock Exchange

  • Home
  • About
  • Services
  • Pricesheet
  • Events
  • Blog
  • Companies
  • Research
  • Contact
  • Home

Research - Market Commentary

Daily Reports

More details
Market Commentary

More details
Company Papers

More details
Weekly Reports

More details
Monthly Reports

More details
Quarterly Reports

More details
Other Reports

More details
Pricesheet

Daily Pricesheet

More details
EFE Securities Financial Statements

EFE Securities Year to Year Financial Statements

More details

MARKET COMMENT-18.11.2025

author-image

ZSE continued to register marginal gains in the session as the All-Share Index rose 0.01% to 215.69pts while, the Blue-Chip Index added 0.02% to 214.13pts. The Agriculture Index shed 1.09% to 165.40pts as the Mid Cap Index lost 0.04% to 241.31pts. ZSE Holdings headlined the top performers of the day on a 14.99% jump to $1.2645, followed by Star Africa that gained 4.92% to $0.0341. Telecoms giant Econet went up 0.58% to close at $5.0501 while, Nampak rose 0.35% to $0.7225.

Written by EFE Research

MRKET COMMENT-19.11.2025

author-image

ZSE faltered in the midweek session as the All-Share Index fell 0.08% to 215.52pts while, the Blue-Chip Index parred off 0.67% to 212.68pts. The Agriculture Index trimmed 0.29% to 164.93pts while, on the contrary the Mid Cap Index edged up 2.11% to 246.40pts. FML headlined the worst performers of the day, having lost 14.98% to close at $1.2600, with FMP trailing behind on a 14.41% decline to end at $1.0013.

Written by EFE Research

MARKET COMMENT-20.11.2025

author-image

The ZSE market recovered in Thursday’s session as the AllShare Index edged up 1.72% to 219.22pts while, the Blue-Chip Index added 1.54% to 215.95pts. The Agriculture Index ticked up 3.42% to 170.56pts while, the Mid Cap Index rose 2.37% to 252.24pts. Agricultural concern Ariston led the gainers of the day on a 32.74% jump to settle at $0.0300, with sugar refiner trailing on a 17.06% lift as it closed at $0.0351. BAT Zimbabwe Limited notched up 15.00% to $80.5000 while, Zimre Holdings grew 12.00% to $0.2800.

Written by EFE Research

MARKET COMMENT-21.11.2025

author-image

The market ended the week in good cheer as agriculture and mid-cap counters spurred the overall market gains.  The mainstream All Share Index edged up 0.59% to close at  220.53pts while, the ZSE Top Ten Index went up 0.10% to 216.15pts. The ZSE Agriculture Index went up 5.00% to end the day at 179.09pts while, the Mid Cap Index was 2.34% higher at 258.13pts. Leading the market charge was BAT and Nampak that gained a similar 15.00% to close at $92.5750 and $0.9200 apiece.

Written by EFE Research

MARKET COMMENT-24.11.2025

author-image

ZSE commenced the final week of the month in marginal gains as selected heavies spurred the market. The primary All Share Index edged up 0.63% to 221.91pts while, the ZSE Top Ten Index rose 1.48% to 219.35pts. The ZSE Agriculture Index gained 3.54% to close at 185.43pts. On the downside was the Mid cap Index that trimmed 2.27% to 252.27pts. The top riser of the day was Zimre Holdings that charged 13.44% to $0.3630 while, brick makers Willdale surged 11.11% to $0.0390.

Written by EFE Research

MARKET COMMENT-25.11.2025

author-image

ZSE maintained gains in Tuesday’s to see the All-Share Index adding 0.89% to 223.90pts while, the Top Ten Index edged up 0.76% to 221.03pts. The Agriculture Index ticked up 2.29% to 189.68pts while, the Mid Cap Index grew 1.35% to 255.68pts. BAT led the gainers of the day on 15.00% jump to settle at $115.2917 with FML Holdings trailing behind on a 14.98% climb to close at $1.1930. Mashonaland Holdings went up 14.96% to $1.1495 while, Zimre Holdings notched up 14.88% to $0.4170.

Written by EFE Research

MARKET COMMENT-26.11.2025

author-image

ZSE stretched gains in the midweek session to see the All-Share Index rising 0.12% to 224.16pts while, the Blue-Chip Index added 0.66% to 222.49pts. On the contrary, the Agriculture Index retreated 4.39% to 181.35pts while, the Mid Cap Index fell 1.80% to 251.08pts. Mashonaland Holdings headlined the gainers list of the day on a 14.96% jump to settle at $1.3215 with FML Holdings trailing behind on a 14.48% climb to close at $1.3658.

Written by EFE Research

MARKET COMMENT-27.11.2025

author-image

The ZSE market extended gains in the penultimate session of the month  to see  the primary All Share Index firming up 1.82% to 228.24pts while, the Blue-Chip Index added 2.48% to 228.02pts. The Agriculture Index rose 3.91% to 188.44pts while, the Mid Cap Index inched up 0.98% to 253.53pts. Brick maker Willdale topped the best performers of the day on a 28.20% jump to $0.0391, followed by Ariston that charged 17.29% to $0.0296.

Written by EFE Research

MARKET COMMENT-28.11.2025

author-image

Gains in selected heavies lifted the market as curtains came down on the month of November. The mainstream All Share Index advanced 2.95% to 234.97pts while, the ZSE Top Ten Index edged up 3.36% to 235.67pts. Contrastingly, the ZSE Agriculture Index declined 1.42% to 185.77pts while, the Mid Cap Index trimmed 0.23% to end at 252.95pts. Star Africa led the positive movers of the day on  a 29.09% surge to trade at $0.0360.

Written by EFE Research

MARKET COMMENT-01.12.2025

author-image

A block trade in Econet highlighted the market in monthopener as circa 3.17m shares worth $17.48m exchanged hands in the session. The trade accounted for 82.55% of the total volume traded and 87.23% of the turnover. Volume of shares traded ballooned 134.42% to 3.85m shares while, turnover soared 360.80% to $20.03m. The Tigere REIT declined 1.02% to close at $1.2392 on 9,280 units while, the Revitus REIT was stable at $1.2025 on 10 units.

Written by EFE Research

MARKET COMMENT-02.12.2025

author-image

The ZSE reversed yesterday’s gains to see the primary AllShare Indexing closing 0.19% softer at 235.94pts. The Mid Cap also followed suit on a 0.95% drop as it closed at 253.71pts. The Top Ten Index rose by a negligible 0.01% sustained by gains in Delta, Econet and BAT while, the agriculture Index added 0.62% to settle at 191.95pts. The major victim of the day was ZSE Holdings which succumbed 13.98% to close at $0.8022 where demand could be established.

Written by EFE Research

MARKET COMMENT-03.12.2025

author-image

The market recorded marginal gains in midweek session as mid and top cap counters spurred the gains. The mainstream All Share Index added 0.54% to 237.21pts while, the ZSE Top Ten Index edged up 0.38% to close at 237.69pts. The Mid Cap Index rose 1.13% to 256.58pts, while on the contrary, the ZSE Agriculture Index declined 1.83% to 188.44pts. CBZ led the winners of the day on a 9.09% surge to $9.0000 while, Star Africa jumped 8.93% to $0.0360.

Written by EFE Research

  • 1
  • 2
  • ...
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216

Instruments
  • StockPopular
  • Indexes
  • ETFsNew
  • Bonds
Analytics
  • Pricesheet
  • Daily Market Commentaries
  • CompaniesNew
  • Blog
Services
  • Trading
  • Research Services
  • Advisory Services
  • Sponsorship Brokership
Facebook
Twitter

  • Risk disclosure
  • Privacy policy
  • EFE policy

© 2026 EFE Securities. All Rights Reserved.

footer-payment footer-payment