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EFE Securities

3 weeks ago

Weekly Reports

WEEKLY REPORT-27.03.2026

 ZSE firms up as reporting season gets underway… 
The ZSE firmed up in the week under review as the reporting season dominated conversations, with companies 
reporting stellar performances backed by a stable macroeconomic environment. The All Share Index was 2.38% 
firm at 362.34pts while, the Old Industrials firmed up 2.60% to settle at 356.10pts. The Blue Chip Index was 2.61% 
higher at 370.62pts while, the Mid Cap Index was 1.16% higher at 353.27pts. Hotelier RTG released its FY25 
results in which revenue rose by 13% to US$50.65m to result in a PAT of US$3.26m and declared a final blended 
dividend of US0.26cents and ZWG1.091. 
Leading the risers of the day was hotelier RTG that 
charged 31.64% to settle at $1.7250 while, exchange 
operator ZSE Holdings firmed up 26.29% to settle 
$1.2250. Sugar processor Hippo was 15.30% firmer at 
$8.6020 while, tea producer Tanganda enhanced 14.45% 
to close at a VWAP of 1.1445. Agriculture concern TSL was 
8.87% higher at $3.5927 while, Zimre closed at $0.7433 
following a 7.88% ascent. Hotelier Meikles advanced 6.67 
to close trading at $3.2000 while, telecommunications 
group Econet that is about to delist edged up 4.95% to 
end trading at $10.5000. Banking group CBZ was 3.77% 
up at 16.5000 while, brick manufacturer Willdale added 
1.67% to settle at $0.0305. 
Trading in the negative category was sugar processor Star 
Africa that plunged 16.46% to $0.0301 while, distribution 
and logistics company Unifreight parred of 14.01% to 
$2.7000. Construction company Masimba succumbed 
12.69% to $1.6000 while, property concern FMP that is 
trading on a cautionary dropped 7.41% to $1.0000. 
Bankers ZB Financial holdings eased 6.30% to $4.2167 
despite closing well bid on the board while, seed 
producer SeedCo Limited trimmed 6.24% to close trading 
at $4.005 where demand could be found. Dairy processor 
Dairibord tumbled 4.94% to close at a VWAP of $2.6143 
as supply continued to mount in the counter at such 
levels. Ariston was 4.70% down at $0.0324 while, bankers 
TNCI was 4.40% down at $0.1195. Roofing producer 
Turnall plunged 4.04% to $0.0950.