EFE Securities •

4 months ago •

Weekly Reports

WEEKLY REPORT-17.10.2025

The ZSE market reversed prior week’s losses as the All-Share Index advanced 1.38% to 200.58pts as demand continued to increase in selected counters while, the segregated Industrials gained a similar 1.38% to 200.52pts. The Blue-Chip Index was 1.70% firmer at 197.76pts on the back of gains in TSL, Econet and RTG. The Mid-Cap Index rose 0.18% to settle at 230.23pts, extending its year-to-date gains to 1.15%. Elsewhere, the country's consumption of liquefied petroleum gas (LPG) increased by 89% to 89.59m kgs in the first eight months of 2025, compared to 47.42m kgs in the same period last year. 

Leading the market surge was TSL Limited which went up 29.17% to $2.4025 with Nampak following on a 16.62% uplift that took the packaging group to $0.6000, where 
supply could be established. Heavy cap Econet recovered a further 15.51% week on week as it closed at $4.3404 while, hotelier RTG also featured in the risers’ zone after 
ticking up 15.27% in the last session of the week. Brick manufacturer Willdale was 14.33% up at $0.0343 with Tanganda following after rebounding 12.86% to end the 
week at $0.7900, albeit it trading scraps during the week. Small cap counter Star Africa added 12.02% during the week to settle at $0.0337 while, Ariston rose 10.52% to 
$0.0220 on retail demand. Zimre Holdings Limited was 10.50% firmer at $0.2000 with Turnall Holdings Limited adding 6.60% week on week and closed at $0.1260. FML headlined the losers of the week after succumbing 47.69% to close at $1.1560 with ZSE Holdings Limited following on a 37.84% decline that took it $1.1183 on selling pressure. Conglomerate ART Corporation dropped 14.55% during the week as it settled at $0.0816. Banking group CBZ trimmed 12.15% to close the week at $7.2037 as a block trade of circa 9.9m shares exchanged hands. Meikles lost 8.85% to close at $3.0000 while, Mashonaland Holdings lost 7.92% to end pegged at $1.1000 where demand could be established. Logistics group Unifreight was 7.49% down at $1.9000 while, Masimba Holdings Limited dropped 5.41% as it settled at $1.7500. Retailer OK Zimbabwe fell 4.54% andsettled at $0.2000 while, SeedCo Limited dropped 2.99% to end at $3.3028, where demand could be found.