EFE Securities •

3 weeks ago •

Market Commentary

MARKET COMMENT-13.02.2026

ZSE weakens further… 
The ZSE market weakened further in the last session of the week as the All-Share Index eased 0.10% to end at 364.36pts while, the ZSE Top Ten Index lost 0.50% to 375.12pts. The ZSE Agriculture Index inched up 0.98% to 239.64pts while, the Mid Cap Index grew 2.26% to 333.99pts. Headlining the winners of the day was ART that surged 14.93% to close at $0.1925. Trailing was FML which rose 10.53% to end pegged at $4.2000 on scrappy 100 shares. Hippo Valley charged 5.26% to settle at $8.0000 as TN Cybertech went up 3.24% to $0.1158. Dairibord capped the top five gainers of the day on a 2.43% uplift to $2.0000. The major casualty of the day was brick maker Willdale that declined 5.85% to $0.0301, followed by OK Zimbabwe which trimmed 3.53% to $0.1119. Mashonaland Holdings shed 1.50% to trade at $1.2800 while, Delta slipped 0.86% to $30.0013. Hotelier RTG completed the top five shakers of the day on a 0.72% retreat to $1.3800.  
 
Volume of shares traded ballooned 4,389.87% to 15.38m while, value outturn swelled 3,499.27% to $180.23m. Econet and Delta were the top volume and value drivers of the day as they claimed a combined 97.68% of the former and 99.90% of the latter. The Morgan and Co MCS was stable at $1.8000 on 475 units. The Tigere REIT tumbled 2.49% to close at $1.6400 on 532,200 units worth $872,830.00.