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EFE Securities

4 months ago

Market Commentary

MARKET COMMENT-08.10.2025

ZSE rebounds in mid-week session.... 
The ZSE market rebounded in the midweek session as the primary All Share Index rose 0.37% to 203.57pts while, the Agriculture Index firmed up 1.66% to 169.68pts. The Mid Cap Index added 1.89% to 233.70pts while, on the contrary the Blue-Chip Index lost a negligible 0.03% to 200.70pts. Turnall headlined the top performers of the day on a 42.45% jump to $0.1000, followed by milk processor Dairibord that charged 10.80% to $1.3493. SeedCo Limited surged 8.15% to close at $3.5485 as retailer OKZIM went up 4.08% to $0.2108. Zimre Holdings capped the top five gainers of the day on a 0.73% uplift to end at $0.2500. Trading in the negative territory was brick maker Willdale that plunged 13.79% to $0.0345 while, Unifreight dropped 5.90% to $2.0538. Construction group Masimba Holdings tumbled 1.72% to settle at $1.8500 while, Meikles fell 0.31% to $3.3790. Telecoms giant Econet completed the top five fallers of the day on a 0.17% retreat to end the day pegged at $4.1815.  
 
Activity aggregates were mixed in the session as volume traded dipped 13.80% to 1.71m shares while, turnover grew by 35.88% to $6.47m. Top volume drivers of the day were Willdale (31.00%), TSL (17.59%) and Delta (15.29%).  Delta and Econet were the top traded stocks by value as they accounted for 56.49% and 15.99% respectively. The Cass Saddle ETF was stable at $0.1198 on 100 units. The Revitus REIT dropped 1.38% to close at $0.9862 while, the Tigere REIT inched up 0.03% to end the day pegged at $2.0001.