EFE Securities •

3 months ago •

Weekly Reports

WEEKLY REPORT-14.11.2025

The ZSE recovered in the second month of November, mainly anchored by gains in heavy and mid cap counters that dominated in the top ten risers list of the week. The mainstream All-Share Index was 1.77% firmer at 215.39pts while, the Blue Chip Index was 1.58% higher at 212.04pts as ZB and FBC continued to soar higher. The segregated Industrials advanced 1.78% to settle at 215.35pts while, the Mid Cap Index was 2.34% higher at 248.36pts. Elsewhere, top capitalised counter Delta released its HY26 results in which it reported a PAT of US$75.06m and declared a dividend of US$0.0200 per share, as the beverages producer recorded double-digit growth across all segments.

Headlining the market charge was packaging group Nampak which went up 27.45% to settle at $0.6500, where supply could be found. Zimre Holdings Limited followed after rebounding 24.69% as it closed at $0.2500 with banking group ZB adding 19.51% to settle at $4.3025 on retail demand. Spirits and wines producer African Distillers advanced 14.98% week on week and settled at $8.9800 while, First Mutual Properties recovered 14.97% and closed at $1.4820, albeit closing the week offered lower. Property concern Mashonaland Holdings rebounded 14.57% to end the week at $0.9624 while, brick maker Willdale shored up 13.96% to end the week at $0.0400. Sugar refiner Star Africa was 10.22% higher at $0.0339 as Ariston added 10% to end pegged at $0.0220. Banking group FBC enhanced 6.25% to settle at $8.5000, post the release of its trading update in which management reported a PBT of ZWG2.6bn and total income of $2.8bn. Overall, twenty-two counters traded in the positive during the week against seven that faltered while, four sailed stable. Turnall Holdings Limited led the losers list of the week after succumbing 24.83% to close at $0.0902. ART Corporation was 14.79% down at $0.0682 with RioZim declining 5.49% to close at $0.6025. Tanganda lost 4.35% to $0.6720 while, Econet retreated 2.47% to settle lower at $4.8816, albeit the group posting a 38% increase in revenue. Hippo Valley Estates lost 1.82% to close at $7.1000, while TSL eased 0.33% to close at $2.1925 as it completed the losers list of the week.