EFE Securities •

4 months ago •

Weekly Reports

WEEKLY REPORT-24.10.2025

Mid Cap counters anchored the market in the week under review as the All-Share Index charged 2.67% to close at 205.93pts while, in the same vein the segregated Industrials edged up 2.67% to 205.88pts. The Blue-Chip Index rose by 2.17% to end pegged 202.05pts as Hippo, SeedCo, Econet and Delta dominated in the top ten risers’ list of the week. The Mid Cap Index was 4.57% higher at 240.75pts extending its YTD gains to 5.77%. Elsewhere, Unifreight Africa Limited has announced plans to invest over US$6.5 million in 2026 to expand its fleet by 40%, in response to the rising demand for logistics services during Zimbabwe’s upcoming tobacco marketing season. 

Hippo Valley Estates headlined the risers of the day on a 51.85% surge that took it to $7.1300, where supply could be established. Following was Proplastics that went up 27.97% to end pegged at $1.2000, SeedCo Limited ticked up 26.03% to settle at $4.1626, having reached a high of $4.2100. ZSE Holdings recovered 13.57% as it closed at $1.2700 with brick manufacturers Willdale trailing behind after adding 12.04% week on week and closed at $0.0384 on retail demand. Conglomerate Meikles rose 9.71% to end at $3.2914 with First Mutual Holdings rebounding 3.48% to close at $1.1962. Top capitalised counter Delta added 3.29% week on week and settled at $14.9202 while, Dairibord added 2.31% to $1.3305 on firming demand. Waning demand in Mashonaland Holdings dragged the property concern lower to $0.8852, after succumbing 19.52% during the week.  Trailing behind was TSL Limited which declined 13.27% week on week as it settled at $2.0836, having traded a low of $1.8275, post its exdividend day in mid-week. Zimre Holdings Limited was 9.36% down at $0.1813 while, Star Africa dropped 7.49% to $0.0312. Ariston shed 7.31% to $0.0204 while, BAT trimmed 6.14% to $110.0000. Nampak declined 1.67% to $0.5900 as ZB Financial Holdings eased 1.64% to end at $3.0000. Construction group Masimba Holdings added 1.14% to end at $1.7300 as selling pressure continued in the name. Tanganda Holdings Limited lost 0.57% to $0.7855 as it completed the top ten fallers of the week. Overall, the market registered a negative breadth of four as fourteen counters rose against ten fallers while, seven remained unchanged.