EFE Securities •

1 month ago •

Market Commentary

MARKET COMMENT-049.03.2026

ZSE rebounds in new week… 
The market rebounded in the first session of the week as the 
primary All Share Index rose 0.26% to 362.29pts while, the 
Blue-Chip Index added 0.06% to 369.52pts. The Mid Cap Index 
firmed up 1.33% to 358.71pts. The Agriculture Index lost 
0.31% to 263.80pts weighed down by Tanganda, Ariston and 
Hippo. Proplastics headlined the top performers of the day on 
a 15.00% jump to $1.1500, followed by Zimre Holdings that 
charged 14.04% to $0.6500. TSL surged 12.62% to close at 
$3.6600 while, RioZim stepped up 5.63% to $0.7500. TN 
Cybertech completed the top five winners of the day on a 
1.31% uplift to end the day pegged at $0.1021. Trading in the 
negative territory was Tanganda (Letters of Allocation) that fell 
97.42% to $0.0200 while, life assurer Fidelity eased 11.86% to 
$0.4000. Sugar processor Hippo slipped 7.32% to $10.3380 
while, Ariston trimmed 6.25% to settle at $0.0300. Milk 
processor Dairibord capped the top five laggards of the day on 
a 1.64% dip to end the day pegged at $3.0000.