EFE Securities •

3 months ago •

Market Commentary

MRKET COMMENT-19.11.2025

ZSE falters in midweek session… 
ZSE faltered in the midweek session as the All-Share Index fell 0.08% to 215.52pts while, the Blue-Chip Index parred off 0.67% to 212.68pts. The Agriculture Index trimmed 0.29% to 164.93pts while, on the contrary the Mid Cap Index edged up 2.11% to 246.40pts. FML headlined the worst performers of the day, having lost 14.98% to close at $1.2600, with FMP trailing behind on a 14.41% decline to end at $1.0013. Sugar processor Star Africa came off 12.07% to $0.0300 while, retailer OKZIM retreated 5.24% to $0.1900. TN Cybertech capped the top five laggards of the day on a 1.67% loss to end pegged at $0.1175. Partially mitigating today's losses was ZSE Holdings Limited, that jumped 14.99% to land at $1.4540 as ZB Financial Holdings followed on a 9.21% charge to settle at $4.7000. Agriculture concern Ariston grew 2.73% to $0.0226 while, Mashonaland Holdings went up 1.99% to $1.0000. Brick manufacturer Willdale Limited completed the top five gainers’ list of the day on a 0.29% lift to finish at $0.0351. 
  
Activity aggregates traded sideways as the turnover soared 48.91% to $13.43m while, volumes traded plummeted 91.08% to 1.21m shares. Delta and Econet were the top volume drivers in the session, claiming a combined 83.19% of the total traded. Delta drove the value aggregate as it contributed 87.94% of the total. In the ETF category, Morgan & Co made in Zim was stable at $0.0400 on 105,000 units. The Datvest MCS was unchanged at $0.0400 on 346 units. The Tigere REIT added 11.48% to $1.4333 as 133,940 units exchanged hands in the session.