EFE Securities •

1 month ago •

Market Commentary

MARKET COMMENT-13.01.2026

Northward trek continues... 
The northward trek continued on the ZSE to see the primary All Share Index adding a further 2.92% to 364.47pts while, the Blue-Chip Index added 3.60% to 378.88pts. The Agriculture Index lost 1.48% to 184.889pts while, the Mid Cap Index fell 1.06% to 315.49pts. Telecoms giant Econet was the sole gainer after firming up 14.48% to end the day pegged at $9.6653, having traded a high of $9.7200. Proplastics led the laggards of the day on a 15.00% dip to $1.2750, followed by tea producer Tanganda that dropped 13.04% to $0.6000. Milk processor Dairibord surged 12.08% to close at $1.6528 while, TN Cybertech tumbled 2.45% to $0.1380. Beverages giant Delta completed the worst performers of the day on a 1.86% retreat to end the day pegged at $30.4231.  
 
Activity aggregates enhanced in the session as volume traded ballooned 234.75% to 12.61m shares while, turnover grew by 24.79% to $108.50m. Telecoms giant Econet was the most traded stock in terms of volume and value after contributing 84.52% and 94.95% respectively. Other top value drivers of the day were Delta (2.12%), Proplastics (1.34%) and Dairibord (1.09%).  Tigere REIT jumped 14.98% to end the day pegged at $1.9855 after a total of 5.14m shares exchanged hands in the session. There were not trades registered in the ETF category.