EFE Securities •

1 week ago •

Weekly Reports

WEEKLY REPORT 06.06.2025

The ZSE market recorded gains in the first week of the month as three of the four indices we review closed 
pointing northwards. The All-Share Index rose 0.36% to 197.56pts while, the Industrial Index charged a similar 
0.36% to 197.41pts. The Blue-Chip Index went up 1.94% to 193.50pts while, on the contrary the Mid Cap Index 
lost 4.25% to end pegged at 235.68pts. Elsewhere, Ecocash released FY25 results in which revenue slipped 17% 
to $892.28m and did not declare a dividend for the period. 

A wide negative breadth of fifteen was recorded as twenty-one counters traded in the negative against six 
fallers, while five remained stable. Headlining the risers of the week was brick manufacturer Willdale which went up 26.05% to $0.0504 where supply could be found. Heavy Cap Econet followed on a 24.46% to $3.7021, post 
the declaration of a healthy dividend of USD0.63 cents for the first quarter. Proplastics ticked up 7.93% to $1.3750 while, ART Corporation added 0.21% to settle at $0.1705 on retail demand. OKZIM grew 0.06% to end the week at $0.3095 with FMP adding 0.04% week on week to close at $1.2900 as it completed the risers’ list of the week. 

On the downside was TSL which led the losers of the week after succumbing 30.24% to $2.0230 on selling pressure. Ecocash followed on a 14.54% decline to end the week at $0.1175 on waning demand. Star Africa was 13.15% down at $0.0502 while, Nampak was 12.71% softer at $0.9598. ZB Financial Holdings dropped 12.25% to $3.5100 with British American Tobacco easing a further 10.10% to $89.0000. SeedCo Limited lost 8.62% to end pegged at $2.7000 while, First Mutual Limited retreated 7.95% to end at $3.8036. Zimre Holdings Limited trimmed 7.43% to $0.3240 as it completed the top ten fallers of the week.