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EFE Securities

3 days ago

Market Commentary

MARKET COMMENT 07.09.2026

Losses persist into the new week… 
The market continued to falter in the first session of the week 
as the mainstream All Share Index lost a further 1.31% to 
453pts while, the Blue Chips Index declined 1.41% to 
450.13pts. The ZSE Agriculture Index shed 1.68% to end at 
332.97pts while, the Mid Cap Index was 0.89% down to 
495.37pts. Tea company Tanganda led the losers of the day 
after a 14.77% dip that took it to $3.5200. Following was 
hotelier RTG that dropped 13.72% to $1.4203 as Delta 
beverages succumbed 1.75% to settle at $27.9079. Brick 
makers Willdale retreated 1.70% to $0.0702 while, 
Mashonaland Holdings slid 0.89% to $1.6700. Partially 
mitigating today’s losses was SeedCo Limited that surged 
7.53% to $4.5000. TN Cybertech rose 2.92% to $0.3505 as Star 
Africa added 1.28% to $0.0502. Zimre Holdings grew 0.30% to 
$0.7000 while, banking group FBC was 0.17% firmer at 
$13.4340.