ZSE ZSE TOP 15 INDEX: 491.50 (-1.32%)
VFEX ZSE VFEX ALLSHARE INDEX: 254.75 (-0.16%)
ZSE ZSE SMALL CAP INDEX: 100.11 (+0.00%)
ZSE ZSE CONSUMER DISCRETIONARY INDEX: 810.02 (+0.16%)
ZSE ZSE MINING INDEX: 147.11 (+0.00%)
ZSE ZSE MID CAP INDEX INDEX: 493.75 (+0.91%)
ZSE ZSE TOP 10 INDEX: 477.59 (-1.48%)
ZSE ZSE ALL SHARE INDEX: 474.92 (-1.04%)
ZSE ZSE TOP 15 INDEX: 491.50 (-1.32%)
VFEX ZSE VFEX ALLSHARE INDEX: 254.75 (-0.16%)
ZSE ZSE SMALL CAP INDEX: 100.11 (+0.00%)
ZSE ZSE CONSUMER DISCRETIONARY INDEX: 810.02 (+0.16%)
ZSE ZSE MINING INDEX: 147.11 (+0.00%)
ZSE ZSE MID CAP INDEX INDEX: 493.75 (+0.91%)
ZSE ZSE TOP 10 INDEX: 477.59 (-1.48%)
ZSE ZSE ALL SHARE INDEX: 474.92 (-1.04%)
EFE Securities Logo Member of the Zimbabwe Stock Exchange
Market Commentary

MARKET COMMENT -2025-07-03

Published on 02 July 2025 • Equity Research

NMB highlights the market… 
Banking group NMB highlighted today’s session as circa 5.03m shares worth $18.61m exchanged hands on the ZSE. The trades accounted for 68.93% of the total volumes exchanged and 82.99% of the value aggregate. The other notable volume driver was Nampak which claimed 13.64% of the volume aggregate. Volumes traded soared 99.78% to 7.30m shares while, turnover surged 90.55% to $22.43m. Datvest MCS was stable at $0.0300  on 2,665 units. The Tigere REIT added 0.15% to $1.3357 as 4,731 units exchanged hands in the session.    
 
Milk processor Dairibord and sugar processor Hippo Valley Estates were the worst performers of the day having lost an identical 14.97% to close at $1.5135 and $5.0417 respectively. Sugar refiner Star Africa shed 9.72% to $0.0496 on weakening demand while, General Beltings dropped 4.55% to $0.1050 as selling pressure persists in the name. Zimre Holdings Limited completed the top five losers of the day on a 1.63% decline to settle at $0.2558 on the back of waning demand. Trading in the positive was Nampak that charged 9.71% to $0.9874 with Ecocash Holdings following on a 2.45% jump that took it $0.1384, albeit it closing well offered. ART Corporation Limited grew 0.29% to $0.1710 while, Turnall went up 0.28% to $0.0704. Telecoms giant Econet capped the top five gainers of the day on a 0.11% uplift to end pegged at $3.8057 where supply could be found. The All-Share Index fell 0.35% to 197.46pts while, the Blue-Chip Index retreated 0.33% to 192.61pts. The Agriculture Index parred off 3.95% to 158.65pts while, the Mid Cap eased 0.43% to 238.54pts. There was no foreign participation registered in today’s session.

Official Document Attachment Click to read in PDF viewer
Open PDF

Trade Support Desk

Need investment assistance or have trade inquiries? Call our desk directly.

+263 242 799132-5 Send Inquiry