EFE Securities •

6 months ago •

Market Commentary

MARKET COMMENT -2025-08-15

Losses persist on the ZSE…. 
Losses persisted in the week-end session to see the All-Share Index shedding 0.52% to 200.84pts as the Top Ten Index slipped 0.61% to 196.22pts. The Mid-Cap Index dipped 0.32% to 238.18pts while, on the other hand the Agriculture Index inched up 0.01% to 173.72pts on the back of Tanganda’s gains. Headlining the worst performers of the day was banking group FBC that slid 7.14% to $6.5000 as sugar refiner Star Africa trailed on a 6.99% drop to $0.0420. Telecommunications giant Econet eased 0.47% to $4.5755 with TN Cybertech following behind as it softened 0.36% to $0.1196. Sugar producer Hippo Valley weakened 0.01% to $6.5000 as it concluded the losers list of the day. However, headlining the gainers’ list was retailer OK Zimbabwe that rebounded 8.96% to $0.2105 as ZSE Holdings jumped 7.19% to $2.0900. Banking group CBZ Holdings improved 0.85% to $7.0593 while, beverage producer Delta edged up 0.32% to $13.8995. Tea producer Tanganda capped off the top five performers of the day as it ticked up 0.28% to settle at $1.1783. 
  
Activity aggregates inflated in the session as turnover surged 483.93% to $27m while, volumes traded ballooned 547.40% to 3.85m shares. Delta and OK Zimbabwe were the top aggregate drivers of the day as the duo claimed a combined 89.47% of the volume while, Delta contributed the majority of the value traded as it claimed 97.26%. In the ETF category, Datvest MCS continued to rise after adding 0.40% to $0.0310 as 110,860 units exchanged hands in the session. Tigere REIT extended losses as it dipped 3.39% to $1.2504 as 36,528 units.