EFE Securities •

6 days ago •

Market Commentary

MARKET COMMENT 06.08. 2026

Losses persist on the ZSE…
Losses persisted on the ZSE market as the All Share Index fell 0.21% to 479.31pts while, the Blue-Chip Index lost 0.38% to 486.95pts. On the contrary, Agriculture Index rose 1.96% to 345.41pts as the Mid Cap Index put on 0.58% to 476.39pts. Star Africa led the laggards of the day on a 13.60% retreat to $0.0330, followed by Meikles that dropped 11.78% to $2.4118. ZB eased 6.79% to close at $7.0000 while, CBZ Holdings tumbled 1.16% to $40.0000. Beverages giant Delta capped the top five worst performers of the day on a 0.11% slide to $32.3321. Partially mitigating today’s losses was milk processor Dairibord that charged 14.96% to $4.6400 while, Tanganda firmed up 2.61% to $4.6176. ZHL put on 2.44% to $0.8195 while, SeedCo Limited ticked up 0.22% to $4.7703. AFDIS completed the top five gainers of the day on a 0.01% uplift to end the day pegged at $15.0010.
Activity aggregates were mixed in the session as volumes shed 54.02% to 2.26m shares while, value outturn ballooned 688.69% to $21.98m. Volume drivers of the day were AFDIS (42.75%), Dairibord (28.55%) and TN Cybertech (18.90%). AFDIS was the most traded counter in terms of value and volumes after contributing 65.82% and 42.75% apiece. The Morgan & Co Multi Sector ETF was stable at $1.5900 as 49,996 units exchanged hands in the session. The Tigere REIT declined 3.04% to settle at $1.1023.