EFE Securities •

2 days ago •

Market Commentary

MARKET COMMENT 31.08.2026

Market ends the month on a positive note… 
The ZSE market ended the month of August on a positive note 
as selected heavies anchored the market. The mainstream All 
Share Index grew 2.34% to close at 477.39pts, while the ZSE 
Top Ten Index added 2.95% to 480.09pts. ZSE Agriculture 
Index retreated 0.36% to 344.23pts while, Mid Cap Index went 
down 0.20% to 496.23pts. Banking group CBZ charged 13.04% 
to close at $38.9995 while, Proplastics jumped 12.50% to 
$1.3500. Turnall surged 11.38% to $0.1393 while, 
Mashonaland Holdings advanced 8.83% to $1.7023. Hippo 
capped the top five winners of the day on a 4.58% uplift to 
$11.0000. General Beltings was the major casualty of the day 
having declined 14.98% to settle at $0.0880, followed by 
Unifreight that dropped 13.04% to end at $2.00000. Willdale 
shed 9.09% to $0.0700 as SeedCo Limited trimmed 9.05% to 
$4.9600. Meikles held the fifth position of the fallers’ table on 
a 3.07% drop to $2.4232.