EFE Securities •

4 months ago •

Market Commentary

MARKET COMMENT-16.10.2025

CBZ highlights Thursday’s session... 
The block trade in CBZ highlighted the session as circa 9.06m shares worth circa $65.20m exchanged hands. The trade claimed 96.46% of the total volumes traded and 98.37% of the turnover. Activity aggregates enhanced in the session as turnover surged 1618.56% to $66.28m while, volumes traded ballooned 262.47% to 9.39m shares. In the ETF category, Cass Saddle ETF lost 8.81% to close at $0.1100 on 1,500 units. The Tigere REIT parred off 10.11% to settle at $1.7018 as 1,272 units exchanged hands.  
 
FML Holdings headlined the worst performers of the day having dropped 14.99% to end pegged at $1.3600 with ZSE Holdings trailing on a 13.91% loss to land at $1.3086. Banking group CBZ Holdings trimmed 12.73% to $7.2001 while, sugar refiner Star Africa came off 8.42% to $0.0314. Mashonaland Holdings capped the top five worst performers of the day on a 7.95% to finish at $1.1000. Partially mitigating today's losses was TSL Limited that jumped 12.32% as Zimre Holdings followed on a 11.03% climb to settle at $0.2000. Beverages producer Delta added 0.71% to $14.1497 while, brick manufacturer Willdale edged up 0.59% to $0.0343. Telecoms giant Econet completed the top five gainers’ list of the day on a 0.45% rise to close at $4.2730. The ZSE market faltered in the session as the primary All Share Index shed 1.39% to 198.07pts while, the Top Ten Index slid 1.48% to 194.73pts. The Mid Cap Index retreated 1.06% to 229.81pts while, the ZSE Agriculture Index went up 1.37% to 174.52pts.