EFE Securities •

3 months ago •

Market Commentary

MARKET COMMENT-11.11.2025

Marginal gains on the bourse… 
The market recorded marginal gains in Tuesday’s session as the mainstream All Share Index edged up 0.24% to 214.20pts while, the ZSE Top Ten Index rose 0.40% to 211.89pts. The ZSE Agriculture Index grew 0.02% to close at 168.40pts while, on the contrary the Mid Cap Index declined 0.39% to end at 242.84pts. Leading the gainers’ pack was First Mutual Properties that surged 14.97% to $1.4820 while, packaging group Nampak followed on a 13.73% jump to $0.5800. Zimre Holdings charged 8.10% to $0.2492 as BAT gained 0.66% to $71.0000. Bankers CBZ completed the top five risers of the day on a 0.44% improvement to $8.6448. On the downside, was Turnall that shed 8.33% to $0.1100 while, ZSE Holdings trimmed 5.90% to $1.1310. Tea company Tanganda slipped 4.35% to $0.6720 as TN CyberTech went down 3.34% to end pegged at $0.1200. First Mutual Holdings capped the top five shakers of the day on a 2.34% loss that took it to $1.2500.  
 
Volume of shares traded ballooned 9,519.30% to 34.27m as TN and Proplastics claimed 71.73% and 21.67% of the aggregate apiece. Turnover swelled 2,580.37% to $23.42m as 
Proplastics, Delta, Econet and TN claimed a combined 90.70% of the aggregate. The Morgan & Co MCS was the only active ETF after letting go 2.11% to settle at $1.8600 on 395 units. The Tigere REIT plummeted 1.47% to $1.4488 as the Revitus succumbed 4.08% to $1.3525.