EFE Securities •

1 week ago •

Market Commentary

MARKET COMMENT 01.06.2026

ZSE register losses in month opener… 
The ZSE market recorded losses in the month opening session 
as the primary All Share Index lost 0.85% to 385.95pts while, 
the Blue-Chip Index eased 1.23% to 379.59pts. On the 
contrary, the ZSE Agriculture Index gained 0.57% to 325.62pts 
as the Mid Cap Index added 0.63% to 440.52pts. Cigarette 
producer BAT led the laggards of the day on a 8.11% retreat to 
$170.0000, followed by ZSE Holdings that dropped 7.59% to 
$1.1020. First Mutual Property slipped 4.88% to close at 
$0.9995 while, beverages maker Delta trimmed 2.74% to 
$29.1829. Mashonaland Holdings completed the worst 
performers of the day on a 0.96% decline to end the day 
pegged at $1.3003. Partially offsetting today’s losses was 
Ariston that charged 14.17% to $0.0685, trailed by sugar 
processor Hippo that firmed up 10.39% to $11.0400. TSL went 
up 8.33% to settle at $6.5000 while, banking group FBC surged 
7.61% to $10.0500. Brick maker Willdale capped the best 
performers of the day on a 2.00% uplift to end at $0.0375.  
 
Activity aggregates enhanced in the session as volumes 
ballooned 71.20% to 675,400 shares while, turnover grew by 
26.11% to $7.84m. Top volume drivers of the day were 
Mashonaland Holdings (9.22%), Delta (36.57%) and Willdale 
(15.65%). Delta was the top traded stock in terms of value 
after contributing 91.88% of the total. The Tigere REIT fell 
8.53% to end the day pegged at $1.0285 after a total of 2.64m 
units exchanged hands in the session