EFE Securities •

6 months ago •

Market Commentary

MARKET COMENT-2025-08-19

Marginal gains on ZSE… 
The market ended the session with marginal gains as the AllShare Index went up 0.37% to 203.12pts while, the Blue-Chip Index moved up 0.63% to 199.18pts. Contrastingly, the Agriculture Index slipped 0.80% to 174.05pts as, the Mid-Cap counters faltered with their Index declining 0.60% to 237.58pts. Sugar refiner Star Africa headlined the top performers as it rose 8.10% to $0.0454 while, banker FBC Holdings picked up 4.13% to $7.4914. Retailer OK Zimbabwe grew 1.79% to $0.2138 as, seed producer Seed Co ticked up 1.36% to $3.7429. CBZ Holdings capped off the top five gainers of the day with a 0.56% lift to settle at $7.1000. On the other hand, dairy processor Dairiboard Holdings was the worst faller of the day after dropping 13.04% to $1.3000 while, brick manufacturer Willdale fell 5.86% to $0.0304. TN Cybertech shed 0.43% to $0.1245 as, ZSE Holdings slipped 0.24% to $2.0750. Property concern Mashonaland concluded the laggards of the day with a 0.04% loss to $1.1995.  
 
Volumes traded in the session succumbed 81.13% to 0.71m shares while, value outturn plummeted 96.32% to $1.41m. Mashonaland and Econet were the top volume and value drivers as the duo claimed a combined 73.48% of the former and 70.13% of the latter. Delta was the other notable value driver with a 10.79% contribution.  In the REIT category, the Tigere REIT retreated 3.49% to $1.2350 on 4,102 units while, the Revitus REIT edged up 4.58% to close at $0.9125 on 1,697 units. Datvest MCS ETF slipped 3.23% to settle at $0.0300 with 124,286 units exchanging hands.