EFE Securities •

4 days ago •

Daily Reports

MARKET COMMENT-03.03.2026

Marginal gains persist… 
Marginal gains persisted on the bourse as selected heavies 
weakened further. The mainstream All Share Index grew 
0.17% to 359.72pts while, ZSE Agriculture Index added 3.01% 
to 267.96pts. The Mid Cap Index edged up 2.54% to close the 
day at 359.40pts. The only faller amongst the indices we 
review was the ZSE Top Ten Index which slid 0.26% to end at 
366.29pts. Top positive mover of the day was milk processor 
Dairibord that surged 12.57% to close pegged at $3.0586. 
Following was TSL that jumped 12.21% to $3.4025 as TN 
Cybertech rebounded 1.19% to $0.1057. Tea company 
Tanganda rose 1.06% to $0.6569 while, banking group CBZ 
added 0.35% to settle at $14.1000. On the downside was 
Proplastics dropped 4.93% to end pegged at $1.0933 as ZSE 
Holdings succumbed 3.47% to $1.1969. Star Africa declined 
2.70% to close at $0.0350 with cigarette manufacturer BAT 
trimming 2.27% to $214.9995. Beverages concern Delta 
retreated 0.22% to close at $29.4240 on selling pressure.  
 
Total volume traded jumped 28.68% to 1.91m while, turnover 
tumbled 31.26% to $16.86m. Top volume drivers of the day 
were Econet and Dairibord that claimed 73.35% and 11.38% 
apiece. Top value drivers of the day were Econet and Delta           
that accounted for 74.22% and 18.59% respectively. The 
Datvest MCS went down 0.30% to settle at $0.0670 while, the 
Cass Saddle ETF put on 1.00% to land at $0.1200. A total of 
701,377 units worth $47,029.31 exchanged hands in the two 
ETFs. The Tigere REIT fell 0.20% to $1.3500 as the Revitus REIT 
ticked up 6.63% to end at $1.7700.