EFE Securities •

7 months ago •

Weekly Reports

WEEKLY REPORT 25.07.2025

Heavy and Mid cap counters anchored the market in the week under review on the back of resurgent demand in selected counters. The All-Share Index was 1.31% firmer at 200.70pts while, the segregated Industrials gained a similar 1.31% to settle at 200.56pts. The Blue-Chip Index rose 1.06% to settle at 194.19pts as gains were recorded in SeedCo Limited, Econet and RTG. The Mid Cap Index was 2.30% firmer at 246.67% expanding its YTD gains to 8.38%. Elsewhere, the Tigere REIT released its HY25 results in which it reported a total comprehensive income of $990,155 and declared a dividend of US$0.0004775. 

Sugar producer Hippo Valley Estates topped the risers set of the week on a 36.62% surge that took it to $6.2845, where supply could be found. Brick manufacturers Willdale followed on a 31.76% rise as it closed at $0.0399 while, Star Africa rebounded 25.26% to settle at $0.0501. Agricultural concern Ariston added 21.28% to $0.0399 with SeedCo Limited ticking up 17.74% week on week as it settled at $3.5090 on firming demand. Proplastics was 15% higher at $1.4375 while, Econet Wireless Holdings rose 14.79% to $4.5997. ART Corporation recovered 5.98% to $0.1685 while, Rainbow Tourism Group added 1.56% to close at $0.6500. Dairibord closed the week at 
$1.3000 after a 1.15% uplift.   
 
Overall, twelve counters traded in the positive during the week against fourteen fallers while, nine remained stable, leaving the market with a positive breadth of two. OK 
Zimbabwe led the losers’ list of the week after succumbing 23.66% to close at $0.1826 as demand continued to wane. Masimba Holdings Limited dipped 16.25% as it settled at $2.8890 with Mashonaland Holdings declining 12.72% to $1.3768. BAT was 12.49% down at $70.0000 with First Mutual Properties sliding 7.35% to end at $1.4700 where demand could be established. TSL was 4.13% lower at $2.7290 while, banking group NMB lost 4.10% to $3.7018. TN Cybertech continued to lose its glitter as it went down 3.61% during the week and closed at $0.1200 while, the newly listed ZSE Holdings lost 3.08% week on week to settle at $2.0995. Banking group CBZ trimmed 1.08% to $7.1000 where demand could be established.