EFE Securities •

6 months ago •

Market Commentary

MARKET COMMENT -2025-08-20

ZSE maintains a positive momentum… 
ZSE maintained a positive momentum in the session as the AllShare Index registered a 0.80% rise to 204.75pts while, the Blue-Chip Index added 1.08% to 201.34pts. The Agriculture Index grew 0.17% to 174.34pts while, on the contrary the Mid Cap Index fell 0.28% to 236.91pts. Logistics company Unifreight Africa headlined the gainers of the day having jumped 14.67% to settle at $1.2958 with NMB Holdings trailing on a 10.50% climb to close at $4.0000. Mashonaland Holdings ticked up 8.56% to $1.3022 while, Proplastics went up 8.15% to $1.3000. Zimre Holdings Limited completed the top five gainers list of the day on a 5.49% gain to end pegged at $0.2403. Partially weighing down the market was construction company Masimba Holdings that parred off 10.00% to land at $1.8000. Sugar refiner Star Africa followed on a 7.32% decline to $0.0421 while, ZB Financial Holdings shed 1.41% to $3.0143. Brick manufacturer Willdale trimmed 1.38% to finish at $0.0300 while, TN Cybertech concluded the top five fallers list of the day on a 1.22% decrease to settle at $0.1229. 
 
Activity aggregates enhanced in the session as turnover soared 1154.94% to $17.68m while, volumes traded ballooned 563.39% to 4.68m shares. Volume drivers of the day were Econet (54.80%), Meikles (21.80%) and Star Africa (11.21%). Econet and Meikles drove the value aggregate as they claimed a combined 87.19% of the total. Morgan & Co made in Zim ETF remained stable at $0.0400 as 180 units traded in the session. The Tigere REIT lost 2.87% to $1.1996 as 239,830 units exchanged hands while, 2,056 units traded in the Revitus REIT at the unchanged price of $0.9125.