EFE Securities •
6 months ago •
Weekly Reports
WEEKLY REPORT -2025-09-05
Heavies anchored the ZSE in new month week, as the market rose by 1.52% to settle at 208.27pts while, the Blue-Chip Index advanced 2.56% to 206.49pts mainly anchored by NMB, FBC and Econet. The segregated Industrials added 1.52% to close at 208.14pts while, on the contrary the Mid Cap Index was 2.42% weaker at 233.50pts. Elsewhere, Nampak Zimbabwe, released a further cautionary statement, advising that Nampak Southern Africa Holdings and TSL Limited have concluded a sale and purchase agreement in respect of the sale of 51.43% shareholding in the company. They further advised that CTC approval has been obtained but there remain certain regulatory conditions and TSL shareholder approval outstanding.
The risers and fallers list were evenly distributed at thirteen apiece. Headlining the risers of the day was Unifreight which went up 14.99% to settle at $1.4900, where demand could be established. Proplastics ticked up 13.27% to close at $1.4725. NMB added 11.11% to close at $4.0000, where supply could be found. OK Zimbabwe was 7.40% higher at $0.2500 while, Masimba Holdings Limited rebounded 6.67% and closed at $1.9200, albeit on selling pressure. Brick manufacturer Willdale rose 2.69% to settle at $0.0382 as African Distillers recorded a 1.43% gain that took it to $7.1000. Banking group FBC advanced 0.86% week on week and settled at $7.8900 while, Econet Holdings Limited recovered 0.45% to end pegged at $4.5508 as it completed the top ten risers set. Turnall Holdings Limited led the losers of the week after succumbing 20.99% to close $0.0554 while, Nampak lost 16.45% to close at $0.8355. Tea processor Tanganda declined 15.53% to $0.8025 as Dairibord added 14.82% to settle at $1.8276. FML was 3.20% lower at $3.1000 with TSL following on a 1.96% slide that took it to $2.2495. Delta lost 1.63% to $13.9336 as agriculture concern Ariston trimmed 1.96% to end pegged at $0.0371. ART Corporation was 0.33% down at $0.1500 while, SeedCo Limited lost 0.23% to $3.8013.