Market Analysis

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Weekly -22.03.2019
22 March 2019 | published by: EFE Securities
A bearish sentiment prevailed on the ZSE as selling pressure continued to mount amidst tight liquidity on the bourse. Market heavies weighed on the benchmarks with the ZSE Top Ten Index taking the biggest knock on an 11.83% slide to 113.32pts. The Industrial Index succumbed 9.21% and settled at 404.89pts as the market’s primary benchmark, the ZSE All Shares Index, retreated 9.09% and settled at...
Weekly -15.03.2019
15 March 2019 | published by: EFE Securities
A market selloff hit the ZSE in the week under review as selling pressure amidst tight demand saw sellers push prices down in search of liquidity. All four benchmarks closed in the red with the Top Ten Index emerging as the top casualty on an 8.09% decline to...
Weekly -08.03.2019
8 March 2019 | published by: EFE Securities
The ZSE slipped into further losses in the week under as all four benchmarks ended the week in year to date losses amidst thinning demand and some heavy caps sell offs. The Primary All share Index saw its year to date return slip into a loss position of 2.95% after a weekly loss of 4.37% to 141.93pts. Similarly, the Industrial Index dropped 4.43% to 473.43pts and had its year to date return closing in the negative at...
Weekly -01.03.2019
1 March 2019 | published by: EFE Securities
ZSE shares slumped to losses in the week under review amidst depressed trading across all stocks post the 2019 monetary policy statement. All four benchmark indices closed in the red with the primary All Share Index succumbing 2.95% and settling at 148.42pts. The Industrial Index was similarly down shedding 2.91% at 495.37pts while, the Mining index took the heaviest knock of 4.37% to...
Weekly -22.02.2019
22 February 2019 | published by: EFE Securities
ZSE shares were on the rebound in the week under review as the market received the much-awaited Monetary Policy Statement from the central bank. The MPS came as the economy was in the throws of crippling foreign currency shortages, brought in interventions in the currency market by officially Zimbabwe’s surrogate currency to the basket of currencies in the multicurrency system, having declared it the official reporting currency, and announced the launch of the interbank foreign currency...
Weekly -15.02.2019
15 February 2019 | published by: EFE Securities
The ZSE faltered in the week under review as market anxiety continued to creep in following the delayed announcement of the Monetary Policy Statement. The policy has been much awaited as the markets expect a complimentary position to the 2019 fiscal policy statement that is running under a theme of “Austerity for...
Weekly -08.02.2018
8 February 2019 | published by: EFE Securities
Market weakness emerged ahead of the Monetary Policy Statement saw the market close softer week on week, with three of the four benchmarks ending softer against a single rising cluster. Market heavies led the retreat amidst heavy sell offs with demand remaining subdued, as a consequence the ZSE Top Ten Index emerged the major casualty with a 2.79% slide that took it to...
Weekly -01.02.2018
1 February 2019 | published by: EFE Securities
The market saw some weakness spurred by profit taking in heavies over the week as three of the benchmarks succumbed to losses. The ZSE Top Ten index led the benchmarks’ losses with a 0.61% decline that took it to 158.45pts. The primary All Share Index dropped 0.23% week on week as it ended at 157.85pts while, the Industrial Index was down 0.24% at $526.945pts....
Weekly -25.01.2019
25 January 2019 | published by: EFE Securities
The market enjoyed a rising week as activity resumed on the bourse following last week’s skirmishes that culminated in the government of Zimbabwe ordering an internet shut down. All four benchmarks were in the black for the week with the primary All Share Index emerging as the pick of the cherry after adding 3.245% week on week and settling at...
Weekly -11.01.2019
11 January 2019 | published by: EFE Securities
The second week of the new year saw the market end in the red despite signs of a rebound in the final session of the week where the market saw a rebound. All four indices on the bourse capped in the red with the primary All Share Index succumbing 1.89% to 142.44pts weighed down by heavy caps and mining counters that traded...