EFE Securities •

2 months ago •

Weekly Reports

WEEKLY REPORT-02.01.2025

The ZSE market registered gains in the holiday shortened week as the All-Share Index rose 9.19% to 281.12pts while, the Blue-Chip Index gained 7.91% to 285.38pts. The Industrial Index ticked up 8.97% to 272.33pts while, the Mid Cap Index firmed up 12.40% to 280.01pts.  Elsewhere, CFI Holdings recorded a mixed performance across its business units for the year ended September 30, 2025, with improvements in retail and farming operations offset by a sharp decline in the food manufacturing business.

Leading the risers of the week was Zimre Holdings Limited which went up 52.07% to $0.9999, where supply could be found. First Mutual Limited followed on a 43.25% surge 
that took the insurer to $2.8500 while, Rainbow Tourism Group ticked up 25.22%  and settled at $1.4400. Property concern Mashonaland Holdings added 19.11% to $1.6675. CBZ Holdings was 15% higher at $11.5000 on the back of firming demand. ART Corporation advanced 14.61%  to close at $0.0780 with Hippo Valley Estates adding 14.30% week on week to close at $8.1688 as demand continued in the name. Banking group FBC rose 14.12% to $12.4500 while, National Tyre Service added 13.77% to $0.5700. Proplastics was 11.29% firmer at $1.4000 as it completed the top ten risers list of the week. Overall, nineteen counters went up against four fallers, while, five remained stable, to leave the market with a positive breadth of fifteen. Agricultural concern Ariston headlined the losers of the week after succumbing 16.71% during the week and closed at $0.0309.  Tanganda followed on a 14.08% decline that took the tea processor to $0.6100, where demand could be found. First Mutual Properties lost 7.32% to $0.8842 while, Meikles trimmed 1.98% during week to settle at $3.1361 on waning demand.