EFE Securities •

1 month ago •

Market Commentary

MARKET COMMENT-06.02.2026

ZSE ends the week in good cheer… 
The market concluded the week in gains as the primary All Share Index rose 2.06% to end at 360.71pts while, the ZSE Top Ten Index improved 2.34% to close 372.71pts. ZSE Agriculture Index was up 4.97% at 229.38pts while, the Mid Cap Index edged up 0.41% to 323.84pts. ART Corporation and BAT were the top gainers of the day after surging an identical 15.00% to close at $0.1150 and $192.9500 respectively.  Star Africa followed on a 14.74% jump to $0.0345 while, banking group CBZ charged 8.50% to end pegged at $14.1474. First Mutual Holdings capped the top five risers of the day on a 5.00% uplift to $4.2000 on scrappy 200 shares. Banking group TN Cybertech was the major casualty of the day having shed 8.35% to $0.1071. Trailing was SeedCo Limited that retreated 6.57% to $4.5500 with retailer OKZIM sliding 0.84% to end at $0.1175. ZSE Holdings went down 0.71% to end pegged at $0.7000 while, construction group Masimba lost 0.20% to settle at $2.5050.  
 
Activity aggregates enhanced in the session as volumes charged 234.70% to 3.39m while, turnover ballooned 1016.10% to $47.35m. Delta was the top traded stock by volume and value claiming 43.97% of the former and 91.28% of the latter.  First Mutual Properties accounted for 41.30% of the total volumes traded as 1.40m share exchanged hands. Morgan and Co MCS trimmed 2.7% to end at $1.8000 on 800 units while, the Datvest MCS was stable at $0.0600 on 600 units. The Tigere REIT declined 0.37% to close at $1.6938 as 30,075 units worth $50,940.48 exchanged hands.