EFE Securities •

1 month ago •

Market Commentary

MARKET COMMENT-09.01.2026

ZSE posts a 4.61% gain in Friday’s trades… 
Gains continued to persist on the ZSE on Fridays trades as all the four indices under our review closed in the black. The All Share Index was 4.61% up at 347.98pts while, the Blue-Chip Index was 5.05% firmer at 359.14pts mainly anchored by gains in Hippo, Econet and Delta. The Agriculture Index advanced 3.22% to close at 181.38pts while, the Mid Cap was 2.08% higher at 314.48pts. Life assurer First Mutual headlined the top performers of the day on a 12.28% jump to $3.2000 followed by sugar processor Hippo that shot up 11.70% to $10.4996. Telecoms giant Econet firmed up 8.13% to $7.6799 while, Star Africa charged 8.11% to settle at $0.0308. Delta capped the best performers of the day on a 7.11% uplift to end the day pegged at its all time high of $30.8135. Weighing down the market was Meikles that fell 14.70% to $2.6700 while, retailer OKZIM tumbled 7.01% to $0.1302. ZSE Holdings trimmed 4.27% to settle at $1.2444 as FMP dropped 1.11% to $0.8900. Nampak completed the laggards of the day on a 0.79% retreat to end the day pegged at $0.7000.  
 
Activity aggregates enhanced in the last session of the week as volumes traded went up 69.44% to 4.33m shares while, turnover grew by 1298.72% to $89.07m. Datvest ETF firmed up 14.12% to close at $0.0485 while, MIZ ETF charged 0.95% to $0.0611. Tigere REIT dipped 0.0001% to end the day pegged at $1.9943 after 1,001,340 units exchanged hands in the name.