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.