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Daily Pricesheet
EFE Securities Year to Year Financial Statements
VFEX buttresses prior session’s gains… The VFEX market buttressed prior markets’ gains as the All Share Index rose by 3.18% to 243.53pts. Leading the risers list of the day was Econet InfraCo that edged up 12.01% to $0.2947 while, Axia was 6.25% higher at $0.1395. Fast foods producer Simbisa climbed 2.94% to close trading at a VWAP of 0.6905. Conglomerate Innscor was 2.30% up at $1.2966 despite waning demand in the counter. Kavango rose by 1.50% to $0.0203. Partially weighing down the market was Caledonia that continued to weaken as it eased 5.48% to $50.0000 while, clothing retailer Edgars was 0.83% lower at $0.0238. Mining exploration company Invictus dropped 0.07% to $0.1504 while, miner and crocodile farmer Padenga was 0.02% down at $1.0998. African Sun that is preparing to delist from the market late in the month fell by 0.02% to $5.1692. Activity aggregates were mixed in the session as volume traded declined by 35.35% to 822,025 shares while, turnover increased by 140.25% to see $765,521.13 exchanged hands in the session. Padenga highlighted the session as it contributed 68.64% of the volume traded and 81.07% of the turnover traded. The other notable volume driver was Econet InfraCo that contributed 16.41 of the total traded. In the news, PGM miner Karo Mining Holdings has made further progress in derisking its Karo Platinum project in Zimbabwe, with open-pit surface clearing now underway as the development advances toward first ore being milled in the second half of 2027.
Written by EFE Research
Mid cap counters drag ZSE into losses… Mid Cap counters dragged the ZSE into losses as their index retreated by 0.97% to 374.31pts while, the All Share Index lost a negligible 0.06% to 362.68pts. The Agriculture Index was 1.02% weaker at 268.86pts, mainly weighed down by SeedCo Limited while, on the contrary, the Blue-Chip Index was 0.15% up at 365.78pts. Spirits and wines producer AFDIS was 13.75% down at $13.8000 while, seed producer SeedCo Limited retreated 10.21% to settle at 3.5749. ZSE Holdings was 7.95% down at $1.1000 as 1,400 shares traded in the name. Zimpapers reversed prior sessions gains as it trimmed 7.64% to $0.0720 while, hotelier RTG was 4.73% lower at $1.6600. Trading in the positive territory was Zimre Holdings Limited that charged 15.00% to $0.9488 while, construction group Masimba was 7.71% up at $2.1004. Banking giant CBZ surged 4.30% to $15.0000 while, Meikles was 0.12% higher at $3.3943. Beverages giant Delta capped the top perfomers of the day on a 0.11% uplift to $26.9997.
ZSE reverses prior session’s losses… The ZSE market recovered from prior session’s losses mainly anchored by mid cap counters that dominated the top ten risers list of the day. The All-Share Index was 0.67% firmer at 362.89pts while, the Blue-Chip Index was 0.44% up at 365.23pts. The Agriculture Index was 1.64% up at 271.62pts as Tanganda, Dairibord and Hippo continued to soar while, the Mid Cap Index rose by 1.48% to 377.96pts. Headlining the risers list of the day was digital and print media group Zimpapers that charged 14.71% to $0.0780, trailed by Mashonaland Holdings that advanced 13.00% to $1.2995. Packaging company Nampak surged 10.14% to $0.7600 while, tea producer Tanganda edged up 8.85% to $1.4751. Dairy processor Dairibord buttressed prior session’s gains as it inched up 7.52% to $2.8000. Trading in the negative were bankers TNCI that plunged 12.13% to $0.1050 while, NMB eased 3.46% to settle at 5.0200. ART Holdings was 0.97% weaker at $0.2426 while, exchange holdings company ZSE parred of 0.32% to $1.1950 as demand remained constrained in the counter. Meikles Holdings was 0.09% down at $3.3902. Activity aggregates faltered in the session as volumes traded declined by 94.62% to 1.43m shares while, turnover declined by 95.36% to $6.14m. The Trio of TNCI, Nampak and Delta drove the volume aggregates of the day as they contributed a combined 91.35% of the total traded. In the turnover category, activity was mainly skewed toward Delta that claimed 89.59% of the total traded. No trades were recorded in the ETF category while, the Tigere REIT plunged 3.63% to $1.0515 as 175,804 units traded in the name. Elsewhere, construction group Masimba Holdings reported that it is pivoting towards private sector construction projects to strengthen cash flows and reduce reliance on government-funded infrastructure contracts.
Losses persist on the bourse… Losses persisted into the week-ending session as the mainstream All Share Index declined 0.79% to 360.46pts. The ZSE Top Ten Index shed 1.37% to end pegged at 363.62pts. On the contrary, the ZSE Agriculture Index rose 1.37% to 267.24pts while, the Mid Cap Index added 1.31% to 372.44pts. Bankers CBZ was the major casualty of the day on a 11.18% plunge that took it to $14.3817 while, packaging group Nampak followed on a 8.12% dip to $0.6900. Hotelier RTG dropped 4.83% to $1.6583 with Dairibord trimming 3.55% to $2.6042. Tea Company Tanganda slid 3.20% to close the day at $1.3551. Partially offsetting today’s losses was Mashonaland Holdings that surged 14.94% to $1.1500 as Hippo Valley Estates trailed on a 11.11% charge to $10.0000. Construction group Masimba jumped 8.97% to $1.8526 while, Zimre Holdings Limited edged up 6.60% to $0.7811. Turnall closed the day at $0.1000 after a 5.26% uplift. Volume of shares traded ballooned 1178.24% to end the day at 26.66m while, turnover jumped 438.62% to $132.39m. NMB was the top traded counter by volume and value as circa 25.97m shares which represents 6.43% of the total shares in issue were swapped. The trade accounted for 97.41% of the total volume traded and 98.09% of the value outturn. The Tigere REIT retreated 1.21% to $1.0911 on 33,855 units.
ZSE slips into the red… The ZSE market recorded losses in the penultimate session of the week as the primary All Share Index lost 0.16% to 363.32pts while, the Blue-Chip Index fell 0.21% to 368.67pts. Contrastingly, the Agriculture Index went up 0.03% to 263.64pts while, the Mid Cap Index gained 0.03% to 367.61pts. Zimre Holdings led the laggards of the day on a 2.30% dip to $0.7328, followed by FBC that tumbled 1.00% to $9.9000. Sugar processor Hippo capped the worst performers of the day after a negligible loss of 0.01% to $9.0000. Partially mitigating today’s losses was milk processor Dairibord that charged 3.64% to $2.7000 while, CBZ shot up 0.81% to $16.1919. Brick maker Willdale edged up 0.64% to $0.0307 as TN Cybertech inched up 0.41% to close at $0.1200. Beverages giant Delta completed the gainers of the day on a 0.02% uplift to end pegged at $26.9820. Activity aggregates were depressed in the session as volume traded dropped 66.43% to 2.09m shares while, turnover shed 80.16% to $24.58m. Top volume drivers of the day were Delta (40.53%), Nampak (20.78%) and Willdale (20.66%). Delta was the top traded stock in terms of value after contributing 92.81% to the total value traded. There was no activity recorded in the ETF category. The Tigere REIT came off 6.82% to settle at $1.1044 after a total of 30,186 units exchanged hands in the name.
Delta highlights today’s session… Beverages giant Delta highlighted today’s session as it contributed 72.33% to the total volume traded and 97.89% to turnover. Other volume drivers of the day were Masimba (12.80%) and Nampak (6.27%). Activity aggregates enhanced in the session as volume traded ballooned 1,070.41% to 6.21m shares while, turnover soared 10,827.23% to 123.85m. Tigere REIT charged 7.14% to end the day pegged at $1.1853 as 1.97m units exchanged hands in the name. The Datvest ETF was unchanged at $0.0520 on 3,500 units. AFDIS headlined the top performers of the day on a 14.29% jump to $16.0000, followed by life assurer Fidelity that shot up 13.71% to $0.6800. Sugar processor Hippo surged 12.51% to settle at $9.0005 while, Meikles added 8.96% to end pegged at $3.3995. Delta capped the gainers of the day on a 1.00% uplift to end pegged at $26.9755. Trading in the negative territory was Zimpapers that lost 15.00% to $0.0680 while, FML dipped 7.89% to $3.5000. Star Africa tumbled 7.05% to settle at $0.0300 while, TN Cybertech eased 0.90% to close at $0.1195. ZSE Holdings completed the shakers of the day on a 0.54% retreat to land at $1.1935. The primary All Share Index went up 0.98% to 363.89pts while, the Blue-Chip Index rose 0.80% to 369.44pts. The Agriculture Index gained 1.85% to 262.81pts as the Mid Cap Index added 1.63% to 367.51pts.
Masimba Holdings highlights the session… Construction group Masimba Holdings highlighted the session as 426,600 shares worth $725,220.00 exchanged hands in the session. The trade accounted for 80.35% of the total volume traded and 63.98% of the total value traded. Delta was the other notable value driver of the day on a 21.44% contribution. Activity aggregates were mixed in the session as volumes ballooned 147.97% to 530,900 shares while, turnover declined 7.56% to $1.13m. The Cass Saddle ETF rose 1.20% to end pegged at $0.0920 on 1,758 units. The Tigere REIT came off 3.93% to end at $0.1450. Masimba led the gainers of the day after a 6.25% jump that took it to $1.7000. Trailing was TSL that grew 3.84% to close at $4.4025 as Delta edged up 0.78% to $26.7082. SeedCo Limited went up 0.76% to $3.9800 while, Proplastics added 0.66% to $1.5200. On the downside was Turnall that shed 5.47% to $0.0950 while, Star Africa dropped 1.58% to $0.0323. Banking group TN Cybertech retreated 1.25% to $0.1206. The primary All Share Index rose 0.30% to 360.35pts while, the ZSE Top Ten Index improved 0.29% to 366.49pts. The ZSE Agriculture Index advanced 0.64% to close at 258.04pts while, the Mid Cap Index ticked up 0.34% to 361.62pts.
SE falters in mid-week session… The market faltered in mid-week session as the mainstream All Share Index declined 0.37% to 357.24pts while, the ZSE Top Ten Index went down 0.79% to 362.22pts. On the contrary, the Mid Cap Index rose 1.19% to end at 362.49pts while, the ZSE Agriculture Index added 0.50% to end at 261.11pts. Banking group FBC shed 2.17% to settle at $10.0000 while, Delta dropped 1.79% to $26.0715. Milk processor Dairibord trimmed 0.76% to settle at $2.6000 as CBZ slid 0.62% to $16.0000. Mashonaland retreated 0.55% to land at $0.9736. Trading in the positive was Meikles that jumped 14.71% to end at $3.1200, trailed by financial services group ZB that edged up 7.91% to $4.5500. VFEX bound TSL grew 3.61% as it closed pegged at $4.8173 while, NMB went up 3.59% to close the day at $5.2000 as construction group Masimba added 0.14% to $1.8425. Volume of shares traded went up 1.01% to 1.83m while, turnover plummeted 26.30% to $12.09m. Volume drivers of the day were TN Cybertech (39.09%), NMB (33.89%) and Delta (15.32%). Value drivers of the day were Delta, NMB and FBC that claimed a combined 97.47% of the aggregate. The Tigere REIT rallied 13.28% to $1.1552 while, the Revitus REIT put on 0.10% to settle at $2.4025. No trades were recorded in the ETF section.
Econet bids farewell to ZSE after 27 years… Telecommunications group, Econet Wireless Zimbabwe has pulled the plug on its Zimbabwe Stock Exchange listing, closing the chapter on a 27-year public market journey that began in 1998, further shrinking the number of listings on the ZSE. Property concern Mashonaland Holdings led the laggards of the day as it dropped 15.00% to $0.9790 while, sugar processor Star Africa eased 9.69% to settle at $0.0303. Agriculture concern Ariston was 7.69% weaker at $0.0300 while, sugar producer Hippo was 7.00% down at $8.0000. Blue-Chip counter Econet was 6.81% lower at $10.2068 as 146,000 shares worth $1.49m exchanged hands. Trading in the positive was TSL that jumped 14.80% to settle at a VWAP of $4.6493 while, Proplastics was 13.99% higher at $1.5100. Tea producer Tanganda that recently completed a right offer edged up 7.47% to $1.2300 while, roofing producer Turnall firmed up 5.79% to $0.1005. Spirits and wines producer AFDIS added 3.00% to close trading at $14.0000. Elsewhere, the Cass Saddle ETF was 0.50% up at $0.8000 as 2,500 units traded. The Tigere REIT trimmed 2.83% to end pegged $1.0198 as 6.32m units exchanged hands in the session. The Revitus REIT advanced 13.43% to settle at $2.4000. The All-Share Index was 2.11% down at 358.55pts while, the Blue-Chip retreated 2.83% to 365.10pts. On the contrary, the Agriculture Index was 1.14% up at 259.80pts while, the Mid Cap Index was 1.92% higher at 358.24pts. In other news, First Mutual Holdings released it FY25 results in which its revenue rose by 10.24% to settle at US$265.82m and declared a dividend US0.1531cents and ZWG0.9679 cents. The Morgan and Co- Made In Zimbabwe ETF released its FY25 results in which its investment income rose by 35% to $1.19m to translate into a PAT of $552,781 while, no dividend was declared for the fund. FMP also followed suit as its reven
Econet highlights today’s activity aggregates… Telecommunications group Econet that is expected to delist tomorrow from the ZSE highlighted today’s activity aggregates in a negotiated order that saw 75m shares worth $787.50m exchange hands. The trade contributed 98.95% of the volume traded and 98.07% of the turnover traded. Activity aggregates enhanced in the session as volumes traded ballooned 12,079.83% to 75.84m shares while, turnover increased by 7,625.01% to $803.48m. The Tigere REIT was 0.05% weaker at $1.0495 as 333,680 units traded in the name. Construction group Masimba led the risers of the month as it edged up 15.00% to $1.8400, followed by Agriculture concern TSL that edged up 12.73% to $4.0500 post cancellation of its AGM citing that it needs to allow the board sufficient time to consider a potential strategic transaction which may have a material impact on the company and its shareholders. Sugar processor Star Africa was 11.40% higher at $0.0335 while, logistics group Unifreight advanced 11.11% to $3.0000. Proplastics rose by 5.13% to close at a VWAP of $1.3246 as it fastened the top five movers list of the day. Leading the laggards of the day was Meikles that parred off 14.84% to $2.7251 while, First Mutual Holdings retreated 9.08% to $3.8000. Banking group CBZ was 2.76% weaker at $16.0441 while, ZSE Holdings eased 2.04% to $1.2000. Seed technology group SeedCo Limited dropped 0.62% to $3.9759. The All-Share Index was 1.09% firmer at 366.29pts while, the Blue-Chip Index added 1.38% to 375.73pts. The Agriculture Index was 1.57% higher at 256.87pts while, on the contrary the Mid Cap Index was 0.51% down at 351.48pts. Elsewhere, RioZim published an abridged circular to shareholders relating to and seeking approvals for the transfer of mining claims, the sale of immovable property, the disposal of investment in RZM Murowa (Private) Limited and authorisation for additional debt as part of the turnaround strategy of the company.
ZSE ends the week in marginal gains… The ZSE market recorded marginal gains in the last session of the week as the primary All Share Index rose 0.09% to 351.69pts. The ZSE Agriculture Index edged up 1.92% to end at 244.46pts while, the Mid Cap Index ticked up 0.84% to 342.49pts. The ZSE Top Ten Index was the only faller amongst the indices we review after a 0.04% retreat to close at 359.79pts. The top gainer of the day was TSL that garnered 14.92% to settle at $3.6925 as it reversed prior session losses, trailed by TN Cybertech that surged 9.12% to $0.1102. Tea company Tanganda grew 7.75% to $0.8481 as Proplastics rose 0.69% to $1.2800. Delta completed the top five risers of the day on a 0.56% uplift to $26.1603. Masimba was the major casualty of the day as it dropped 14.63% to close at $1.8325. Following was Ariston that succumbed 8.08% to $0.0301 reversing yesterday’s gains. Star Africa trimmed 2.20% to $0.0337 while, ART slipped 1.00% to $0.2475. Banking group CBZ was 0.54% lower at $14.0000. Activity aggregates enhanced in the session as volumes ballooned 8419.37% to 133.63m while, turnover jumped 6253.96% to $173.60m. Volume drivers of the day were TN Cybertech and Econet which claimed 88.98% and 10.36% apiece. TN Cybertech and Delta accounted for a shared 91.95% of the value aggregate. The Cass Saddle ETF lost 0.79% to $0.0607 while, the MIZ ETF shed 0.03% to $0.0677. The Tigere REIT slid 7.83% to end pegged at $1.1628 on 48,583 units.
Heavy and Mid-Cap counters weigh the market… Heavy and Mid-Cap counters weighed the market in the penultimate session of the week as the All-Share Index retreated 1.14% to 351.36pts. The Blue-Chip Index was 0.80% weaker at 359.93pts while, the Agriculture Index dropped 5.43% to 239.85pts as three of its constituents dominated in the losers’ list. Leading the laggards of the day was Hippo Valley that eased 14.83% to $7.4700 as scrappy 100 shares traded in the name, trailed by seed producer SeedCo limited that shed 14.35% to $3.9500. Agriculture concern TSL succumbed 11.97% to close at a VWAP $3.2131 while, beverages giant Delta continued to lose ground as it fell 3.28% to $26.0142. Roofing materials producer Turnall shed 1.84% to $0.0962. Partially offsetting today’s losses was Fidelity Life Assurance that garnered 15.00% to $0.4600, followed by mining concern RioZim that advanced 14.85% to $0.7500. Tea producer Ariston was 6.85% firmer at $0.0328 while, sugar processor Star Africa added 6.54% to end the day pegged at $0.0345. Banking group TN ticked up 5.82% to settle at $0.1010 as it fastened the top five gainers’ list of the day. Activity aggregates continued to falter in the session as volumes traded fell by 51.39% to 1.57m shares while, turnover declined 13.85% $2.73m. Leading the volume aggregates of the day was Tanganda that contributed 82.89% of the total traded. The duo of Delta and Dairibord drove the value aggregate as they claimed 76.65% and 14.86% of the turnover traded. The Morgan & Co MCS was 2.95% weaker at $1.7705 while, the Datvest MCS edged up 0.81% to $0.0800. The Tigere REIT was 11.17% up at $1.2617 as 2.04m units traded in the name.
