EFE Securities •

8 months ago •

Market Commentary

MARKET COMMENT -2025-06-12

ZSE rebounds in Thursday’s session…. 
The ZSE market rebounded in Thursday’s session as the AllShare Index edged up 0.17% to close at 199.88pts while, the Blue-Chip Index rose 0.64% to 198.08pts. The Agriculture Index firmed up 1.84% to 169.14pts while, on the contrary the Mid Cap Index fell 1.36% to 229.75pts. Nampak and Zimpapers were the top performers of the day with an identical 15.00% increase to end pegged at $0.8050 and $0.1265 respectively. Hippo Valley followed on a 8.39% jump to $8.0000 while, FML advanced 6.41% to finish at $4.6844. Mashonaland Holdings 
capped the top five gainers of the day after adding 0.08% to settle at $1.2900. Trading in the negative territory was ZB Financial Holdings that dropped 14.53% to $3.0000 while, Ariston Holdings followed on a 12.11% loss to $0.0396. Brick manufacturer Willdale dipped 10.74% to close at $0.0450 while, sugar refiner Star Africa eased 10.03% to $0.0500. Tanganda concluded the top five losers of the day having lost 5.48% to end pegged at $0.9925.  
 
Activity aggregates faltered in the session as turnover dropped 20.95% to $32.22m shares while, volumes traded tumbled 37.38% to 4.40m shares. The duo of Econet and Delta claimed a combined 90.47% of the volume aggregate and 98.47% of the value traded. There was no price movement in the ETF category as 3,300 units traded in the Cass Saddle ETF and 23,135 units exchanged hands in the Datvest MCS. The Tigere REIT ticked up 0.33% to close at $1.2241 as 6,948 units exchanged in the session while, the Revitus REIT was stable at $0.5800 on 4,805 units.