EFE Securities •

3 days ago •

Market Commentary

MARKET COMMENT 20.04.2026

Marginal gains on the bourse… 
The market commenced the new week in marginal gains as the 
mainstream All Share Index added 0.28% to close at 360.84pts 
while, the Blue Chips Index rose 0.08% to 363.36pts. The ZSE 
Agriculture Index went up 1.21% to 278.64pts while, the Mid 
Cap Index ticked up 1.12% to 374.99pts. Leading the market 
charge was ZSE Holdings that surged 15.00% to $1.0925 while, 
TSL trailed on a 5.50% uplift to $5.8027. SeedCo Limited edged 
up 3.63% to $3.5132 as FMP grew 3.16% to $0.9800. RTG 
capped the top five gainers of the day after a 1.54% rise that 
took it to $1.6856. TN Cybertech was the major casualty of the 
day after a 3.26% decline to $0.0913. Following was First 
Mutual Holdings that trimmed 3.02% to $2.8900 with 
Mashonaland Holdings letting go 1.93% to $1.1990. Banking 
Group FBC retreated 0.10% to $9.9002 as milk processor 
Dairibord shed 0.01% to $2.6000 on 300,000 shares.  
 
Volume of shares traded went up 2.42% to 587,300 shares 
while, turnover dipped 74.60% to $1.58m. Dairibord and 
Mashonaland Holdings were the top volume and value drivers 
of the day claiming a combined 75.91% of the former and 
60.59% of the latter. Tigere slipped 0.76% to $1.0420 as 43,431 
units exchanged hands. The Cass Saddle ETF went down 1.65% 
to $0.0935 while, the Datvest MCs ticked up 0.05% to $0.0525.