EFE Securities •

6 months ago •

Market Commentary

MARKET COMMENT -2025-08-28

ZSE records gains in the penultimate session of the month… 
ZSE recorded gains in the penultimate session of the month as the All-Share Index rose by 1.41% to 209.32pts while, the BlueChip Index edged up 1.54% to 206.91pts. The ZSE Agriculture Index added 3.20% to 177.97pts while, the Mid Cap Index gained 0.93% to 237.56pts. Dairy producer Dairibord led the gainers of the day on a 14.73% surge that took it to $2.1454 as sugar refiner Star Africa followed on a 12.50% jump to end pegged at $0.0450. Banking group CBZ Holding garnered 10.74% to $8.8600 while, BAT went up 7.84% to end pegged at $91.6667. Banking group FBC Holdings capped the top five gainers of the day on a 1.27% rise to land at $7.7778. On the contrary, Tanganda Tea Company was the sole loser of the day having lost 5.82% to finish at $0.9500.  The market registered a positive breadth of twelve as thirteen counters gained against one that faltered.  
 
Activity aggregates faltered in the session as turnover plunged 96.75% to $7.64m while, volumes traded plummeted 94.48% to 2.91m shares. OKZIM and Econet claimed a combined 83.82% of the total volumes traded. Delta and Econet were the top value drivers of the day as they claimed a combined 85.70% of the total value traded. Foreigners were net sellers in the session as inflows amounted to $560,050.00 while, outflows stood at $1,238,600.00.  The Datvest MCS ETF was stable at $0.0300 as 1,200 units were traded while, the Tigere REIT traded 49,846 units at an unchanged price of $1.1500.