ZSE ZSE TOP 15 INDEX: 491.50 (-1.32%)
VFEX ZSE VFEX ALLSHARE INDEX: 254.75 (-0.16%)
ZSE ZSE SMALL CAP INDEX: 100.11 (+0.00%)
ZSE ZSE CONSUMER DISCRETIONARY INDEX: 810.02 (+0.16%)
ZSE ZSE MINING INDEX: 147.11 (+0.00%)
ZSE ZSE MID CAP INDEX INDEX: 493.75 (+0.91%)
ZSE ZSE TOP 10 INDEX: 477.59 (-1.48%)
ZSE ZSE ALL SHARE INDEX: 474.92 (-1.04%)
ZSE ZSE TOP 15 INDEX: 491.50 (-1.32%)
VFEX ZSE VFEX ALLSHARE INDEX: 254.75 (-0.16%)
ZSE ZSE SMALL CAP INDEX: 100.11 (+0.00%)
ZSE ZSE CONSUMER DISCRETIONARY INDEX: 810.02 (+0.16%)
ZSE ZSE MINING INDEX: 147.11 (+0.00%)
ZSE ZSE MID CAP INDEX INDEX: 493.75 (+0.91%)
ZSE ZSE TOP 10 INDEX: 477.59 (-1.48%)
ZSE ZSE ALL SHARE INDEX: 474.92 (-1.04%)
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Market Commentary

MARKET COMMENT-02.01.2026

Published on 01 January 2026 • Equity Research

01 January 2026 Download Report (PDF)

ZSE records gains in the first session of the year… 
The ZSE recorded gains in the first session of the year as the primary All Share Index rose 1.17% to 281.12pts while, the Blue-Chip Index gained 1.28% to 285.38pts. The Agriculture Index firmed up 1.43% to 172.11opts as the Mid Cap Index went up 0.67% to 280.01pts. Seed producer SeedCo Limited headlined the top performers of the day on a 10.94% jump to $4.0000, followed by telecoms giant Econet that surged 10.67% to $6.7953, where supply could be established. TN Cybertech ticked up 3.00% to close at $0.1200 while, Unifreight charged 0.27% to $1.7500. Trading in the negative territory was Ariston that dropped 2.22% to $0.0309. Beverage giant Delta eased 0.01% to end the day pegged at $20.7004, albeit on firming demand.  
 
Activity aggregates were mixed in the session as volume exchanged ballooned 76.26% to 20.49m shares while, turnover declined 67.04% to $14.95m. Ariston was the most traded stock in terms of volume as 19.4m shares exchanged hands in the agricultural concern, claiming 94.51% of the aggregate. Top value drivers of the day were Delta (69.22%), Econet (26.71%) and Ariston (4.00%). No trades were recorded in the ETF and REIT section. 

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