MARKET COMMENTARY

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Market Comment -17.01.2019
17 January 2019 | published by: EFE Securities
The market traded in the black in Thursday’s session as investors continued to seek refuge against anticipated inflationary pressures after a fuel price hike. Bullish sentiment persisted as the market resumed trades after a two-day break to see the All Share Index advancing 2.85% to close at 153.25pts while, the Industrial Index rallied 2.88% to end at...
Market Comment -14.01.2019
14 January 2019 | published by: EFE Securities
ZSE opened week in a bullish mode as Zimbabwe appeared to be headed for unrest as protests against the recently announced hike in fuel prices which is anticipated to cause an escalation of prices in most of the...
Market Comment -10.01.2019
10 January 2019 | published by: EFE Securities
The mainstream All Share Index and the Industrial Index recovered in today’s session posting an identical marginal gain of 0.13% to close at 142.44pts and 475.11pts apiece. Heavy capitalised stocks Index was up 0.11% at 141.11pts buoyed by Old Mutual, Delta, Padenga and...
Market Comment -09.01.2019
9 January 2019 | published by: EFE Securities
The Top Ten Index ended in the black in mid-week session after putting on a marginal 0.07% to close at 140.96pts as losses in Econet and Innscor were offset by gains in Padenga, Old Mutual and Cassava. The top gainer of the day was financial services group Getbucks that surged 14.29% to close at $0.0800, followed by crocodile skin producer Padenga which improved 5.57% to...
Market Comment -08.01.2019
8 January 2019 | published by: EFE Securities
Losses on the bourse persisted in Tuesday’s session as all the benchmark indices ended in the red. The primary All Share Index dropped 0.62% to close at 142.32pts while, the Industrials lost 0.59% to 474.71pts. The Top Ten Index retreated 0.72% to end at 140.86pts while, the Mining Index let go a further 2.32% to 208.40pts, weighed down by Bindura that eased 8.26% to settle at...
Market Comment -07.01.2019
7 January 2019 | published by: EFE Securities
The market continued to trek southwards in week opening session as the mainstream All Share Index dropped a further 1.36% to 143.21pts while, the Industrials retreated 1.24% to close at 477.52pts. The Top Ten Index ended 1.27% lower at 141.88pts, dragged down mainly by faltering heavy capitalised...
Market Comment -04.01.2019
4 January 2019 | published by: EFE Securities
Heavy capitalised stocks dragged the market back into the red in Friday’s session. The All Share Index dropped 0.78% to 145.18pts while, the Industrials dipped an almost similar 0.79% to 483.53pts. ZSE Top Ten Index plunged 1.51% to close at 143.71pts weighed down by CBZ, Cassava, Innscor, Old Mutual and...
Market Comment -03.01.2019
3 January 2019 | published by: EFE Securities
The ZSE swung back into the black in Thursday’s session, thanks to Delta and CBZ that helped turn the Indices. Beverages group Delta surged 7.60% to settle at $2.8500, while CBZ ticked up 10.32% to close at $0.1550. The primary All Share Index receovered1.34% to 146.32pts while, the Industrials added 1.36% to close at...
Market Comment -02.01.2019
2 January 2019 | published by: EFE Securities
ZSE faltered in the first trading session of the New Year as selling pressure persists in top capitalised stocks. Losses in Delta, Innscor, Old Mutual, Cassava and Econet weighed down the benchmark indices with the mainstream All Share Index letting go 1.27% to 144.38pts while, the Industrial Index dropped 1.29% to close at...
Market Comment -31.12.2018
31 December 2018 | published by: EFE Securities
The market ended the final session of 2018 in the red as three of the benchmark Indices closed pointing southwards. The mainstream All Share Index trimmed 0.13% to close at 146.24pts while, the Industrials was 0.23% down at 487.13pts. The ZSE Top Ten Index let go 1.11% to end at 145.02pts as demand in heavy capitalised stocks continued to...
Counter Price   Δ USc % Δ % Δ YTD
FCA 6.36 1.06 20.00% 7.80%
ZPI 3.00 0.48 19.05% 19.05%
MEIKLES 63.00 8.00 14.55% 23.53%
FIDELITY 10.00 1.25 14.29% 14.29%
CBZ 17.63 2.13 13.74% 13.74%
Counter Price   Δ USc % Δ % Δ YTD
STAR AFRICA 1.40 -0.21 -13.04% 7.69%
Market Commentary

Bullish sentiment prevails…

The market traded in the black in Thursday’s session as investors continued to seek refuge against anticipated inflationary pressures after a fuel price hike. Bullish sentiment persisted as the market resumed trades after a two-day break to see the All Share Index advancing 2.85% to close at 153.25pts while, the Industrial Index rallied 2.88% to end at 511.67pts. The Top Ten Index improved 3.13% to 154pts spurred by gains in heavy capitalised stocks. The Mining Index was stable at 207pts with no trades recorded in the sub-sector. Banking group First Capital headlined the risers of the day after putting on 20% to trade at $0.0636 while, property concern ZPI added 19.05% to $0.0300. Meikles and Fidelity followed with surges of 14.55% and 14.29% to settle at respective prices of $0.6300 and $0.1000. Completing the top five gainers of the day was CBZ ... [more]

Market Comment -17.01.2019
The market traded in the black in Thursday’s session as investors continued to seek refuge against anticipated inflationary pressures after a fuel...

Market Comment -14.01.2019
ZSE opened week in a bullish mode as Zimbabwe appeared to be headed for unrest as protests against the recently announced hike in fuel prices which...

Weekly -11.01.2019
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...

Market Comment -10.01.2019
The mainstream All Share Index and the Industrial Index recovered in today’s session posting an identical marginal gain of 0.13% to close at...

Market Comment -09.01.2019
The Top Ten Index ended in the black in mid-week session after putting on a marginal 0.07% to close at 140.96pts as losses in Econet and Innscor were...


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    Industrials rebound on increased volumes...

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