EFE Securities •

4 months ago •

Market Commentary

MARKET COMMENT-05.10.2025

ZSE registers a midweek recovery… 
The market recovered in the midweek session as the All-Share Index rose 0.26% to 210.51pts while, the Mid Cap Index added 1.46% to 245.20pts. On the contrary, the Agriculture Index fell 4.99% to 173.84pts while, the Blue-Chip Index modestly lost 0.06% to 206.75 pts. Banking group CBZ Holdings headlined the gainers list of the day, having jumped 14.25% to end pegged at $8.5000, as sugar refiner Star Africa followed on a 13.49% rise to close at $0.0340. TSL Limited edged up 2.31% to $2.1997 while, TN CyberTech grew 0.66% to $0.1110. Beverages producer Delta Corporation capped the top performers of the day on a 0.32% uplift to settle at $15.5024. Trading in the negative was Ariston Holdings that plunged 50.00% to land at $0.0150, with BAT Zimbabwe trailing far behind on a 15.00% retreat to finish at $82.9815. Proplastics Limited pared off 7.27% to $1.0200 while, telecoms giant Econet trimmed 3.34% to $5.0616. Dairy produce Dairibord completed the losers list of the day on a 2.78% loss to close at $1.7500.  
 
Activity aggregates faltered in the session as turnover declined 25.66% to $6.11m while, volumes traded succumbed 51.10% to 0.96m shares. The volume drivers of the day were Delta (25.55%), Econet (22.40%), Dairibord (18.12%), SeedCo (16.00%) and TSL (9.09%). Delta and Econet drove the value traded as the duo claimed 80.03% of the total. In the ETF category, Datvest MCS was stable at $0.0400 as 59,000 units exchanged hands. The Tigere REIT climbed 13.04% to land at $1.7796 with 3.10m units exchanging hands in the session worth $5.5m.