EFE Securities •
4 months ago •
Weekly Reports
WEEKLY REPORT-10.10.2025
Losses continued to persist on the ZSE, on the back of constrained liquidity experienced across the board. The AllShare Index was 3.56% weaker at 197.85pts while, the segregated Industrials were 3.55% down at 197.79pts. The Blue-Chip Index was 4.62% down at 194.45pts, mainly weighed down by FML and Econet. On the contrary, the Mid Cap Index was 0.60% firmer at 229.82pts. Elsewhere, Zimbabwe's gold deliveries to Fidelity jumped 37% to 32.98 tonnes in the first nine months of the year.
The market closed with a negative breadth of nine as eighteen counters faltered against nine that advanced. Leading the fallers of the day was Agriculture concern Ariston that fell 35.50% to $0.0199 while, Zimre Holdings trailed behind on a 27.60% slip to $0.1810. Pipe producer Proplastics was 25.56% down at $0.9350 while, brick producer Willdale trimmed 25.00% to $0.0300. Insurance company First Mutual Holdings parred off 21.07% to $2.2100 where demand could be found. Property concern Mashonaland tumbled 16.42% to end at a VWAP of $1.1947 while, telecommunication giant Econet retreated 16.20% to close at $3.7576 despite showing signs of recovery in the last session, closing heavily bid at $4.1000. Packaging giant Nampak closed pegged at $0.5145 following a 14.96% descent while, ZSE Agriculture concern Ariston continued to lose ground week on week as it dropped 13.04% to $0.7000. Struggling miner RioZim plunged 12.09% to $0.6000. Trading in the positive was Turnall that charged 68.75% to $0.01182 while, TSL garnered 19.23% to $1.8600, as the company declared a special dividend declaration of US$0.012927, following termination of a 51.43% stake acquisition in Nampak. SeedCo Limited recovered 17.14% to end at $3.4046 while, dairy processor Dairibord gained 6.86% to $1.3000. Sugar processor Star Africa added 0.29% to $0.0301 while, Delta closed at $14.0227 following a 0.23% ascent. Bankers NMB ticked up 0.03% to $4.1000 while, ART Holdings was 0.02% up at $0.0955. Sugar processor Hippo added a negligible 0.01% to $4.6970 as it fastened the risers’ list of the week.