EFE Securities •

6 months ago •

Market Commentary

MARKET COMMENT -2025-09-05

ZSE records a 0.11% loss in Friday’s trades... 
The ZSE market recorded a 0.11% loss to close at 208.27pts in Friday’s session while, the Blue-Chip Index was 0.05% weaker at 206.49pts. The Agriculture Index was 0.20% down at 174.84pts while, the Mid Cap Index retreated 0.34% to end at 233.50pts. Leading the laggards of the day was Nampak that plunged 14.96% to end at $0.8355 while, tea producer Tanganda lost 5.87% to $0.8025. Brick manufacturer Willdale eased 4.50% to $0.0382 while, Ariston dropped 1.33% to end pegged at $0.0371. Beverages producer Delta slid 0.48% to $13.9336 as it capped the top five worst performers of the week. Leading the risers of the week was roofing material producer Turnall that edged up 17.77% to end at $0.0554 while, banking group TNCI added 2.68% to end pegged at $0.1200. Hotelier RTG gained 2.22% to close at $0.9200 while, telecommunication company Econet inched up 0.22% to end at $4.5508. Meikles added a negligible 0.06% to settle at $3.5020 as it capped the top performers of the day.  
 
Activity aggregates faltered in the session as volumes traded fell by 22.59% to 12.54m shares while, turnover was down 89.07% to $14.86m. The duo of Nampak and Star Africa drove the volume aggregates of the day as they claimed a combined 89.97% of the total traded. Turnover drivers of the day were Nampak 52.18%, Econet 23.07% and Delta 15.70%. In the ETF category, the Cass Saddle ETF was 2.35% firmer at $0.1195 while, the Datvest MCS retreated 2.85% to $0.0300. The Tigere REIT was 3.18% higher at $1.1000 as 448,777 units exchanged hands in the name.