EFE Securities •

7 months ago •

Market Commentary

MARKET COMMENT -2025-07-21

ZSE gains persist into the new week… 
ZSE gains persisted into the new week as the primary All-Share Index firmed up 0.24% to 198.58pts while, the Blue-Chip Index edged up 0.22% to 192.58pts. The Agriculture Index added 0.11% to 158.18pts while, the Mid Cap Index grew 0.33% to 241.94pts. Brick manufacturer Willdale headlined the gainers of the day on a 32.09% jump to end pegged at $0.0400 with sugar refiner Star Africa trailing on a 14.68% climb to close at $0.0459. Proplastics Limited surged 9.59% to $1.3698 while, FMP ticked up 2.79% to $1.6308. RTG completed the top five winners of the day on a 1.56% uplift to settle at $0.6500. Trading in the negative territory was OKZIM that retreated 12.16% to $0.2101 as Ariston followed on a 10.85% decline to land at $0.0293. NMB Holdings fell 4.10% to close at $3.7018 while, ZSE Holdings lost 2.42% to $2.1138. ZB Financial Holdings capped the top five worst performers of the day on a 0.44% loss to finish at $3.4103.  
 
Activity aggregates were mixed in the session as turnover soared 460.62% to $155.50m while, volumes traded declined by 7.55% to 34.88m shares. Econet highlighted the session as it claimed 87.67% of the total volume traded and 79.09% of the value traded. The other notable value driver of the day was Delta which accounted for 19.32% of the aggregate. In the ETF category, Cass Saddle added 1.35% to $0.1500 as 742 units were traded while, Morgan & Co Multi Sector edged up 0.45% to $2.1500 as 250 units exchanged hands. The Tigere REIT shed 0.04% to $1.3953 as 270,100 units were traded in the session.