EFE Securities •

3 days ago •

Market Commentary

MARKET COMMENT -2025-05-19

ZSE rebounds in new week… 
The ZSE market rebounded in the week opening session as the primary All Share Index put on 0.39% to 193.71pts while, the Blue-Chip Index rose 0.30% to 186.40pts. The Mid Cap Index went up 0.68% to 243.68pts while, the Agriculture Index was stable at 192.27pts as none of its constituents registered trades in the session. Zimre Holdings headlined the top performers of the day on a 14.89% jump to $0.3280, followed by retailer OKZIM that surged 14.73% to $0.3870. FML soared   14.58% to close at $4.4800 while, telecoms giant Econet 
completed the gainers of the day on a 0.41% lift to end the day pegged at $2.7512. Trading in the negative territory was Star Africa that slipped 24.09% to $0.0290 while, Mashonaland Holdings eased 10.38% to $0.9500. Beverages giant Delta completed the laggards of the day on a 0.58% retreat to end pegged at a VWAP of $13.4143.  
 
Activity aggregates were depressed in the session as volume traded succumbed 98.27% to 828,900 shares while, turnover tumbled 74.75% to $10.45m. Delta highlighted the session claiming 93.20% of the total volume traded and 99.13% of turnover. There were no trades recorded in the ETF section. The Tigere REIT was unchanged at $1.2125 as 90,072 units exchanged hands.