EFE Securities •
1 week ago •
Weekly Reports
WEEKLY REPORT-27.02.2026
Losses continue in month ending week… The ZSE market continued to record losses in the last session of the week, mainly weighed down by losses in selected heavies. The All-Share Index was 0.30% weaker at 359.11pts while, the Blue-Chip Index was 1.31% weaker at 367.23pts as CBZ, Econet, Tigere and Delta continued to weaken. The segregated Industrials were 0.50% firmer at 350.78pts while, the Mid Cap Index was 5.11% higher at 350.51pts as its constituents dominated in the top risers’ list of the week. Elsewhere, the RBZ released its monetary policy statement in which it maintained the Bank Policy Rate at 35%, increased the Targeted Finance Facility to ZiG1bn and exporters' foreign currency retention at 70%.
Zimre Holdings Limited headlined the losers of the week for the second consecutive week after succumbing 27.98% to close lower at $0.5045, where demand could be found. Rainbow Tourism Group followed on a 16.23% drop that took it to $1.1561 while, Nampak was 10.34% down at $0.7800. Sugar refiner Star Africa lost 9.57% week on week and settled at $0.0321 with SeedCo International sliding 2.01% to end pegged at $4.6200. Brick manufacturer Willdale went down 1.84% to $0.0350 while, banking group CBZ reversed prior week’s gains on a 1.71% loss that took it to $14.0500. TN Cybertech was 0.95% lower at $0.1040 while, Econet Wireless which is set to delist on the ZSE trimmed 0.89% to settle at $8.9622, having traded a low of $7.6900 in the last session of the week. Delta Corporation completed the top ten losers of the week on a 0.23% loss as it settled at $29.4988. Dairibord led the risers of the week on a 36% upsurge that took the milk processor to $2.7199 with Hippo Valley Estates following on a 35.50% increase as it settled at $10.0720. Unifreight was 30.70% higher at $3.1400 while, ZSE Holdings rebounded 30% week on week and settled at $1.2615, where supply could be found. FMP and AFDIS were 20.46% and 14.96% firmer to close at respective prices of $1.0000 and $13.4500. Proplastics added 14.78% to $1.3200 while, Zimpapers advanced 14.29% to $0.0800. Masimba construction rolled back to $2.4479 after a $14.25% surge while, ART Corporation rose 13.64% as it completed the top ten winners’ set of the week.