MARKET COMMENTARY

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Market Comment -21.09.2018
21 September 2018 | published by: EFE Securities
The market weakness continued in the end of week session as the broad indices closed in the red. The All Share Index lost 0.75% to close week at 112.55pts while, the Industrials ended at 377.54pts after trimming 0.94%. The Top Ten Index went down 1.22% to finish at 113.77pts as losses in Delta outweighed gains in SeedCo, Old Mutual and...
Market Comment -20.09.2018
20 September 2018 | published by: EFE Securities
The market trended southwards again in Thursday session as the market heavies weighed on the benchmarks.Three broad indices faltered with the primary All Share Index retreating 0.10% to 113.40pts while, the Industrial Index inched down 0.09% to...
Market Comment -19.09.2018
19 September 2018 | published by: EFE Securities
The midweek session saw a marked improvement in the activity aggregates with volumes of shares traded ballooning 246.73% to 7.99m while, market spend swelled 207.69% to $3.95m. The top volume drivers for the day were Willdale (22.54%), Simbisa (11.58%) and Barclays (10.98%). Delta, Old Mutual, PPC and Simbisa claimed a combined 78.94% of total turnover for the...
Market Comment -18.09.2018
18 September 2018 | published by: EFE Securities
Three of the ZSE indices rebounded in Tuesday’s session after six consecutive days of losses. The All Share Index gained 0.28% to close at 114.81pts while, the Industrial Index added an almost similar 0.27% to...
Market Comment -17.09.2018
17 September 2018 | published by: EFE Securities
SE commenced the week on a low note as losses persisted into the new week. heavy capitalised stocks closed mixed as Innscor and Delta registered losses while, Old Mutual gained on the back of firming...
Market Comment -14.09.2018
14 September 2018 | published by: EFE Securities
It was a fallers’ market on the bourse as eight counters lost ground with no risers to leave the market with a negative breadth. The daily shakers were led by property concern Dawn which trimmed 12.50% to $0.0210 trailed by Old Mutual which succumbed 12.37% to trade at $5.0000, accumulating a weekly loss of 17.55%. SeedCo slipped 6.87% to close at $2.0000 as demand continues to wane in the...
Market Comment -13.09.2018
13 September 2018 | published by: EFE Securities
The primary All Share lost 0.77% to close at 117.15pts while, the Industrials retreated an almost similar 0.78pts to 393.90pts. The Mining Index was dormant at 163.37pts with trades seen in Bindura and RioZim sailing at stable prices of $0.0616 and $1.4000...
Market Comment -12.09.2018
12 September 2018 | published by: EFE Securities
Financial institution Getbucks’ block trade highlighted the mid-week session as 33,088,950 shares worth $1.10m exchanged hands in the counter claiming 88.97% of total volumes and 39.37% of the value outturn. Volume of shares traded ballooned 1,324.76% to 37.19m as value outturn for the day was...
Market Comment -11.09.2018
11 September 2018 | published by: EFE Securities
The All Share and Industrials Indices lost a similar 0.90% to end pegged at 119.37pts and 401.49pts respectively, reversing gains accumulated last week. Delta, Econet and Old Mutual dragged the Top Ten Index lower for the second consecutive session, to leave the benchmark at 123.31pts, after retreating...
Market Comment -10.09.2018
10 September 2018 | published by: EFE Securities
The market opened the week on a low note as heavies dragged the Indices southwards. The mainstream All Share Index and Industrials let go a similar 0.04 % to close at 120.45pts and 405.15pts. The Top Ten Index lost 0.19% to settle at...
Counter Price   Δ USc % Δ % Δ YTD
SEEDCO 195.00 9.98 5.39% 0.00%
OLD MUTUAL 541.33 26.47 5.14% 0.00%
FBCH 25.00 1.00 4.17% 0.00%
AFRICAN SUN 8.10 0.07 0.87% 0.00%
PPC 110.01 0.01 0.01% 0.00%
Counter Price   Δ USc % Δ % Δ YTD
BARCLAYS 6.20 -0.75 -10.79% 0.00%
DELTA 202.59 -10.47 -4.91% 0.00%
EDGARS 8.50 -0.38 -4.28% 0.00%
PADENGA 62.00 -1.00 -1.59% 0.00%
CBZ 15.98 -0.02 -0.12% 0.00%
Market Commentary

ZSE ends week in losses…

The market weakness continued in the end of week session as the broad indices closed in the red. The All Share Index lost 0.75% to close week at 112.55pts while, the Industrials ended at 377.54pts after trimming 0.94%. The Top Ten Index went down 1.22% to finish at 113.77pts as losses in Delta outweighed gains in SeedCo, Old Mutual and Econet. Banking group Barclays headlined the fallers of the day after letting go 10.79% to $0.0620 while, beverages company Delta succumbed 4.91% to settle at $2.0259 having traded at an intra-low of $2.0000. Apparel retailers Edgars fell 4.28% to $0.0850 while, Padenga was down 1.59% at $0.6200. CBZ completed the day’s losers after dipping 0.13% to $0.1598 closing with a spread of $0.1500-$0.1595.

Topping the gainers list was Art with an 18.06% lift to $0.0850, ... [more]

Market Comment -21.09.2018
The market weakness continued in the end of week session as the broad indices closed in the red. The All Share Index lost 0.75% to close week at...

Weekly -21.09.2018
The market’s top capitalised stocks succumbed to a market sell off that saw the Top Ten Index emerge as the worst performer amongst the benchmarks...

Market Comment -20.09.2018
The market trended southwards again in Thursday session as the market heavies weighed on the benchmarks.Three broad indices faltered with the primary...

Market Comment -19.09.2018
The midweek session saw a marked improvement in the activity aggregates with volumes of shares traded ballooning 246.73% to 7.99m while, market spend...

Market Comment -18.09.2018
Three of the ZSE indices rebounded in Tuesday’s session after six consecutive days of losses. The All Share Index gained 0.28% to close at 114.81pts...


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