EFE Securities •

5 months ago •

Market Commentary

MARKET COMMENT -2025-09-10

Gains in selected mid cap counters anchor the bourse... 
Mid Cap counters anchored the market in the session as its constituents clinched the top five spots in the risers list. The All-Share Index edged up 0.12% to 208.95pts while, the Mid Cap Index rose by 0.23% to 235.15pts. The Agriculture Index was 0.66% firmer at 176.22pts while, on the contrary the BlueChip Index was 0.06% down at 207.08pts. Leading the gainers of the day was sugar refiner Star Africa that charged 11.73% to $0.047, trailed by Turnall that advanced 6.75% to $0.0431. Seed producer SeedCo Limited gained 4.87% to settle at a VWAP of $3.9856 on the back of resurging demand in the counter while, tea producer Tanganda ticked up 2.70% to $0.9500. Brick manufacturer Willdale capped the top five risers of the day on a 2.22% ascent to $0.0368. Partially weighing down the market was financial company ZSE that tumbled 12.67% to $1.7203 while, bankers TN trimmed 12.08% to $0.1055. Retailer OK Zimbabwe slipped 0.20% to end at $0.2495.   
 
Activity aggregates faltered in the session as volumes traded declined by 23.13% to 1.69m shares while, turnover was down by 23.69% to $14.91m. Delta highlighted the activity aggregates in the session as it claimed 61.65% of the volume and 97.08% of the value traded. The other notable volume driver was Willdale that contributed 29.60% of the total outturn. In the ETF category, the Datvest MCS was 3.33% higher at $0.03110 as 200,000 units exchanged hands in the session.  The Tigere REIT fell by 0.02% to close at 1.0998 as 
672,588 units traded in the name.