MARKET COMMENTARY

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Market Comment -14.11.2018
14 November 2018 | published by: EFE Securities
ZSE continued on a positive trajectory in mid-week session as the All Share Index gained 0.99% to 167.68pts while, the Industrials added 0.95% to close at 563.43pts. Heavies Econet, Old Mutual, Innscor. and Padenga pushed up the Top Ten Index to 175.87pts after advancing...
Market Comment -13.11.2018
13 November 2018 | published by: EFE Securities
Heavy capitalised stocks drove the market up in Tuesday’s session with the mainstream All Share Index putting on 3.11% to close at 166.03pts. The Industrial Index advanced 3.20% to end pegged at 558.12pts while, the Top Ten Index improved 4.23% to close at...
Market Comment -12.11.2018
12 November 2018 | published by: EFE Securities
The ZSE extended gains in week-opener as three of the benchmark Indices closed in the black, with the primary All Share Index putting on 0.66% to 161.02pts while, the Industrials improved 0.68% to 540.80pts. The Top Ten Index gained 1.25% % to close at 166.36pts as gains in Delta, Econet and Old Mutual outweighed losses in BAT, Innscor and...
Market Comment -09.11.2018
9 November 2018 | published by: EFE Securities
The market ended the week in the black buoyed by resurgent demand in momentum stocks. The mainstream All Share Index went up 1.60% to close at 159.96pts while, the Industrial Index added 1.72%. to settle at 537.14pts. The Top Ten Index ticked up 1.97% to 164.30pts, spurred by Econet and Delta that rebounded on firming...
Market Comment -08.11.2018
8 November 2018 | published by: EFE Securities
breaking an eleventh consecutive sessions run of registering losses. The All Share Index was up 1.73% to 157.44pts while, the Industrials reached 528.07pts after climbing 1.75%. The ZSE Top Ten Index was 2.36% up at 161.12pts buoyed by Delta, Econet, Padenga and Old...
Market Comment -07.11.2018
7 November 2018 | published by: EFE Securities
Waning demand on the bourse continued in mid-week session as three of the benchmark Indices closed pointing southwards. The main stream All Share Index retreated 0.99% to settle at 154.77pts while, the Industrials lost 1.00% to close at...
Market Comment -06.11.2018
6 November 2018 | published by: EFE Securities
Losses on the bourse continued in Tuesday’s session with the All Share and Industrial Indices closing lower at 156.32pts and 524.23pts after letting go 1.26% and 1.36% apiece. The ZSE Top Ten Index lost 1.09% to end at 15.91pts as heavies wane....
Market Comment -05.11.2018
5 November 2018 | published by: EFE Securities
ZSE opened week in the red, taking the market to the eighth consecutive session of registering losses. Three of the benchmark indices closed in the red with the mainstream All Share Index and the Industrials dropping a similar 0.11% to end pegged at 158.31pts and 531.45pts...
Market Comment -02.11.2018
2 November 2018 | published by: EFE Securities
The bearish sentiment continued to prevail on the ZSE in Friday’s session as ten counters registered losses against seven risers to set a negative market breadth. Conglomerate Meikles headlined the losers of the day after trimming 19.86% to $0.5530, followed by Hippo that retreated 19.64% to $1.8000. Simbisa and OKZIM dipped 7.14% and 6.09% to close at respective prices of $0.6500 and...
Weekly -02.11.2018
2 November 2018 | published by: EFE Securities
The ZSE sank further in the week under review amidst waning demand as all the four benchmark indices closed in the red. The top capitalised stocks led the way in the market decline as profit taking continued, following surges of early October, consequently the ZSE Top 10 Index succumbed to a 7.89% drop, the largest drop amongst the measured clusters, and ended pegged at...
Counter Price   Δ USc % Δ % Δ YTD
BAT 3,668.70 368.70 11.17% 0.00%
ECONET 237.03 19.09 8.76% 0.00%
OLD MUTUAL 678.29 26.29 4.03% 0.00%
FCA 7.00 0.26 3.86% 0.00%
INNSCOR 164.98 5.52 3.46% 0.00%
Counter Price   Δ USc % Δ % Δ YTD
BINDURA 6.50 -0.61 -8.58% 0.00%
PPC 145.00 -5.00 -3.33% 0.00%
LAFARGE 150.00 -3.00 -1.96% 0.00%
AXIA CORPORATION 42.98 -0.02 -0.05% 0.00%
Market Commentary

Heavy capitalised stocks drives ZSE Indices …

Heavy capitalised stocks drove the market up in Tuesday’s session with the mainstream All Share Index putting on 3.11% to close at 166.03pts. The Industrial Index advanced 3.20% to end pegged at 558.12pts while, the Top Ten Index improved 4.23% to close at 173.39pts. Gainers were headlined by BAT that reversed yesterday’s losses with a 11.17% gain to close at vwap of $36.6870 trailed by Econet which was 8.76% firmer at $2.3703 on resurgent demand. Multi-listed group Old Mutual ticked up 4.03% to settle at $6.7829 having traded an intraday high of $7.0100 as it closed firmly bid at $6.7200 with no sellers. First Capital Bank rose 3.86% to $0.0700 while, Innscor soared 3.46% to $1.6498 wrapping the top five gainers of the day.

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Market Comment -14.11.2018
ZSE continued on a positive trajectory in mid-week session as the All Share Index gained 0.99% to 167.68pts while, the Industrials added 0.95% to...

Market Comment -13.11.2018
Heavy capitalised stocks drove the market up in Tuesday’s session with the mainstream All Share Index putting on 3.11% to close at 166.03pts. The...

Market Comment -12.11.2018
The ZSE extended gains in week-opener as three of the benchmark Indices closed in the black, with the primary All Share Index putting on 0.66% to...

Market Comment -09.11.2018
The market ended the week in the black buoyed by resurgent demand in momentum stocks. The mainstream All Share Index went up 1.60% to close at...

Weekly -09.11.2018
The ZSE rebounded in the week under review, spurred by the ongoing reporting season which saw the market’s top capitalised counters reporting some...


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