EFE Securities •

3 months ago •

Market Commentary

MARKET COMMENT-27.11.2025

ZSE extend gains in penultimate session of the month… 
The ZSE market extended gains in the penultimate session of the month  to see  the primary All Share Index firming up 1.82% to 228.24pts while, the Blue-Chip Index added 2.48% to 228.02pts. The Agriculture Index rose 3.91% to 188.44pts while, the Mid Cap Index inched up 0.98% to 253.53pts. Brick maker Willdale topped the best performers of the day on a 28.20% jump to $0.0391, followed by Ariston that charged 17.29% to $0.0296. Logistics group Unifreight surged 15.00% to close at $1.7250 while, Mashonaland Holdings soared 14.98% to $1.5195. Cigarette producer BAT capped the top five gainers of the day on a 9.37% uplift to $107.1825. Trading in the negative territory was Star Africa that fell 11.88% to $0.0279 while, SeedCo dipped 6.51% to $3.5000. Banking group NMB dropped 3.85% to settle at $5.0000 as tea producer Tanganda slipped 0.03% to end the day pegged at $3.2000.   
 
Activity aggregates were depressed in the session as volume traded declined 18.97% to 600,300 shares while, turnover eased 5.11% to $1.92m.  Top volume drivers of the day were Mashonaland Holdings (21.91%), NMB (19.86%) and OKZIM (13.79%). Delta and NMB were the top traded stocks in terms of value after contributing 31.72% and 31.03% respectively to the total. The Cass Saddle ETF was flat at $0.1100 on scrappy 41 units. The Tigere REIT went up 3.60% to close at $1.3524 while, the Revitus REIT came off 3.80% to $1.2025. Cumulatively, 220,980 units worth $298,819.58 exchanged hands in the two REITS.