EFE Securities •

2 days ago •

Market Commentary

MARKET COMMENT 07.05.2025

ZSE in marginal losses… 
The ZSE recorded marginal losses in the mid-week session as the primary All Share Index fell 0.10% to 191.73pts while, the Mid Cap Index lost 0.81 to 235.68pts. The Blue-Chip Index added 0.13% to 185.95pts while, the Agriculture Index gained 0.14% to 194.62pts. Star Africa led the laggards of the day on a 41.08% drop to $0.0234, followed by ART that slipped 11.26% to $0.1966. Retailer OKZIM dropped 7.61% to close at $0.3187 while, sugar processor Hippo trimmed 0.01% to $7.9995. Trading in the positive category was Zimre Holdings that charged 6.51% to $0.1867 while, Ariston ticked up 2.27% to $0.0450. Ecocash rose 1.66% to settle at $0.1352 while, milk processor Dairibord went up 1.54% to $1.7500. Telecoms giant Econet inched up 0.27% to end the day pegged at $2.7584.  
 
Activity aggregates declined in the session as volumes traded fell 97.32% to 468,200 shares while, turnover shed 86.27% to $1.63m. Top volume drivers of the day were Econet (50.30%), Dairibord (9.59%) and FBC (8.93%). Econet, Delta and FBC highlighted the turnover of the day after contributing 39.94%; 33.12% and 19.53% respectively. A total of 7,360 units traded in Datvest and Cass Saddle ETFs. The Tigere REIT parred off 1.92% to end the day pegged at $1.2278.