ZSE ZSE TOP 15 INDEX: 491.50 (-1.32%)
VFEX ZSE VFEX ALLSHARE INDEX: 254.75 (-0.16%)
ZSE ZSE SMALL CAP INDEX: 100.11 (+0.00%)
ZSE ZSE CONSUMER DISCRETIONARY INDEX: 810.02 (+0.16%)
ZSE ZSE MINING INDEX: 147.11 (+0.00%)
ZSE ZSE MID CAP INDEX INDEX: 493.75 (+0.91%)
ZSE ZSE TOP 10 INDEX: 477.59 (-1.48%)
ZSE ZSE ALL SHARE INDEX: 474.92 (-1.04%)
ZSE ZSE TOP 15 INDEX: 491.50 (-1.32%)
VFEX ZSE VFEX ALLSHARE INDEX: 254.75 (-0.16%)
ZSE ZSE SMALL CAP INDEX: 100.11 (+0.00%)
ZSE ZSE CONSUMER DISCRETIONARY INDEX: 810.02 (+0.16%)
ZSE ZSE MINING INDEX: 147.11 (+0.00%)
ZSE ZSE MID CAP INDEX INDEX: 493.75 (+0.91%)
ZSE ZSE TOP 10 INDEX: 477.59 (-1.48%)
ZSE ZSE ALL SHARE INDEX: 474.92 (-1.04%)
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Market Commentary

MARKET COMMENT-24.12.2025

Published on 23 December 2025 • Equity Research

23 December 2025 Download Report (PDF)

ZSE extend gains ahead of Christmas holidays… 
The ZSE market extended gains in trading week-ending session ahead of the Christmas holidays. The mainstream All Share Index edged up 2.11% to 257.47pts while, the Blue Chips Index gained 0.30% to 264.47pts. The Mid Cap Index was 1.12% higher at 249.13pts while, the Agriculture Index remained stable at 161.59pts for the second consecutive session. ZSE Holdings led the winners of the day for the second session in a row after surging 15.00% to $1.3075. Following was Proplastics that charged 14.98% to $1.2580 as banking group FBC jumped 14.93% to $10.9100. Zimre Holdings went up 10.33% to $0.6575 as Econet rose 0.48% to close at $6.3804. Mashonaland was the only faller in the session after declining 12.71% to $1.4000.  
 
Activity aggregates were mixed in the session as volumes ballooned 338.15% to 8.66m shares while, value outturn dropped 87.32% to $2.29m. TN Cybertech was the top volume 
driver of the day as it claimed 97.40% of the aggregate. Delta and TN Cybertech accounted for 50.60% and 42.44% of the value aggregate apiece. The MIZ ETF grew 15.00% to settle at $0.0529 on 371,671 units. The Tigere REIT was 0.01% lower at $1.1002. 

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