EFE Securities •

2 days ago •

Market Commentary

MARKET COMMENT 30.06. 2026

ZSE wraps up the final session of H1 in the black…

The ZSE market wrapped up the final session of the half year in the black, to see all the indices under our review closing pointing northwards. The primary All-Share Index went up 0.70% to settle at 417.81pts as the Heavy cap Index rose 0.64% to end at 423.32pts. The Agriculture Index was the outstanding performer amongst the indices after ticking up 3.01% to close at 312.94pts while, the Mid -Cap added 0.95% to 421.44pts. Headlining the winners of the day was CAFCA Limited which surged 14.93% to settle at $18.5000, albeit on scrappy 100 shares. Following was Mashonaland Holdings which firmed up 11.85% and closed at $1.7010, where supply could be found. British American Tobacco was 9.94% higher at $199.9997 while, Zimre Holding Limited recovered 7.69% to end the session at $0.7000. Firming demand in CBZ Bank helped push the banking group to $26.8139 on a 4.52% uplift, having traded an intra-day high of $29.5000.

The losers of the day were registered in the exchange operator ZSE Holdings which plunged 12.87% to $1.3505 and banking group FBC which succumbed 11.82% to $9.0000.  In the ETF category , the Morgan and Co Made In Zimbabwe was the sole ETF to register a trade as 700 units exchanged hands at $0.1200.  The Tigere REIT rolled back to $1.1222 on a 5.81% decline, as a huge chunk of circa 8.01m units exchanged hands.  Activity aggregates dropped as reflected in all measures which closed in the red. Volumes were 41.49% down to 1.50m shares, yielding a value outturn of $4.27m which was 84.93% lower from prior session. Property concern Mashonaland was the most sought-after stock as the property concern anchored both the volume and value after claiming 67.85% and 40.45% of the total respectively.