EFE Securities •

2 days ago •

Market Commentary

MARKET COMMENT 19.08.2026

Marginal losses in midweek trades…
The ZSE market recorded marginal losses in mid-week session as the All Share Index lost 0.15% to 478.96pts while, the Blue Chip Index dropped 0.55% to 483.42pts. On the contrary, the Agriculture Index put on 1.27% to 341.10pts while, the Mid Cap Index added 1.60% to 490.07pts. Trading in the negative territory was Zimpapers that shed 10.00% to $0.0720 while, Meikles came off 2.61% to $2.4347. Ariston tumbled 2.23% to settle at $0.0743 while, Delta slipped 1.59% to $31.8565. TN Cybertech completed the top five worst performers of the day on a 1.41% retreat to $0.2974. SeedCo headlined the gainers of the day on a 14.66% jump to $5.6403, followed by Nampak that charged 9.08% to $1.0466. AFDIS shot up 6.40% to close at $16.5000 while, banking group NMB put on 6.07% to close at $5.9500. General Beltings capped the winners of the day on a 4.48% uplift to settle at $0.1050.
Activity aggregates enhanced in the session as volume traded ballooned 94.83% to 1.33m shares while, turnover grew by 52.85% to $6.29m. Top volume drivers of the day were Star Africa (37.74%), TN Cybertech (17.08%), Proplastics (13.23%) and Delta (12.58%). Delta claimed the lion’s share of 84.61% of the total value traded. The Tigere REIT went up 1.15% to end the day pegged at $1.0854 after a total of 491,190 units exchanged hands in the name. There were no trades recorded in the ETF section.