EFE Securities •

1 day ago •

Market Commentary

MARKET COMMENT 01.07.2026

FMP highlights the month-opening session…

First Mutual Properties highlighted the month opening session as circa 39.49m shares which represent 3.20% of the total shares in issue, exchanged hands. The trade accounted for 98.71% of the total volumes traded and 85.11% of the value outturn. Volume of shares traded ballooned 2,571.80% to 40.01m shares while, turnover soared 953.57% to $45.01m. The MIZ ETF was stable at $0.1200 as scanty 1,025 units traded in the name. The Tigere REIT ticked up 0.09% to $1.1231 while, the Revitus REIT traded 800 units at an unchanged price of $1.9000.

Spirits and wines maker AFDIS headlined the winners of the day after a 14.29% surge that took it to $16.0000. Bankers CBZ followed on a 13.62% jump to $30.4663 while, FMP charged 10.00% to $0.9900. Proplastics garnered 8.33% to $1.3000 as ZSE Holdings edged up 3.67% to $1.4000. Losses were seen in Delta that plunged 1.74% to $31.2051, trailed by Mashonaland Holdings which retreated 0.79% to $1.6875. Logistics concern Unifreight shed 0.26% to $1.5000 while, tea company Tanganda trimmed 0.20% to close at $3.5927.

The mainstream All-Share Index rose 1.58% to close at 424.41pts while, the ZSE Top Ten Index added 1.42% to 429.31pts. The Agriculture Index was 0.11% up at 313.27pts while, the Mid Cap Index advanced 2.27% to 431.01pts.