EFE Securities •
6 months ago •
Market Commentary
MARKET COMMENT -2025-09-03
ZSE sustains an upward momentum in midweek session...
ZSE sustained an upward momentum in the midweek session as the All-Share Index rose by 0.55% to 210.22pts while, the Top Ten Index added 0.45% to 207.61pts. The Mid Cap Index charged 0.95% to 239.48pts while, the Agriculture Index edged up a meagre 0.01% to 177.96pts. Logistics company Unifreight Africa led the gainers of the day on a 14.99% jump to end pegged at $1.4900 with RTG Limited trailing behind on a 11.46% to settle at $0.9000. ART Corporation climbed up 6.76% to $0.1500 while, OKZIM ticked up 2.76% to $0.2569. Proplastics completed the top five gainers list on a 1.38% increase to land at $1.4725. Trading in the negative territory was Turnall Holdings that retreated 17.28% to finish at $0.0455. Beverages group Delta fell 0.09% to $14.1006 while, Dairibord dropped 0.02% to $2.1495.
Activity aggregates faltered in the session as the turnover plummeted 90.96% to $3.34m while, volumes traded succumbed 93.04% to 0.57m shares. The volume drivers of the day were Econet (29.99%), Delta (27.97%), Turnall (17.80%) and Dairibord (10.80%). The duo Delta and Econet were the top value drivers of the day as they claimed 91.22% of the total traded. The Tigere REIT surged 10.21% to $1.2025 as 1,099 units exchanged hands in the session while, the Revitus REIT fell 0.01% to $0.8900 as 800 units exchanged hands.