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 03.03.2025

Published on 02 March 2025 • Equity Research

The ZSE market commenced the month of March in losses as the All-Share Index fell 0.18% to 203.70pts while, the Blue-Chip Index lost 0.43% to 203.78pts. Tea producer Tanganda led the laggards of the day on a 9.55% retreat to $1.1768, followed by Delta that dropped 2.54% to $15.0448. Telecoms giant Econet capped the fallers of the day on a 0.08% loss to $3.1154. Partially mitigating today’s losses was life assurer Fidelity that ticked up 13.04% to $0.5200 while, BAT surged 12.65% to $117.1578. Star Africa charged 9.43% to $0.0383 while, retailer Ok Zim edged up 9.20% to $0.4000. Ecocash completed the top five winners of the day on a 8.07% uplift to end pegged at $0.1729. The market closed with a positive breadth of six as nine counters recorded gains against three that faltered.  
 
Activity aggregates declined in the session as volume traded tumbled 77.37% to 1.47m shares while, turnover shed 99.42% to $13.74m. Econet Delta and Star Africa were the top volume drivers of the day after they contributed 43.73%, 35.12% and 4.98% respectively. Top value drivers of the day were Delta (56.48%), BAT (26.69%) and Econet (14.56%). The Tigere REIT dropped 0.90% to end the day pegged at $1.1823 after 21,505 units exchanged hands in the name. No trades were registered in the ETF category.

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