EFE Securities •

1 month ago •

Weekly Reports

WEEKLY REPORT-30.01.2026

 ZSE falters in the last week of the month… 

The ZSE market took a breather in the last week of the month as the All-Share Index fell by 2.17% to settle at 356.04pts while, the Blue-Chip Index was 2.58% weaker at 366.68pts mainly weighed down by CBZ, FMP, Econet, NMB and Delta. The segregated Industrials retreated 2.28% to close at 344.67pts while, on the contrary the Mid Cap Index was 0.25% firmer at 325.78pts as its constituents dominated in the top ten risers’ list of the week. Elsewhere, TSL released its FY25 results in which it reported a profit from continuing operations of USD$10.53m representing an 85% increase from prior year and declared a final dividend of US0.742cents.  

Headlining the risers of the week was Masimba Holdings which topped on a 14.87% rise week on week as it settled at $2.5100, albeit it closing offered at that level. First Mutual Limited followed on a 14.61% surge to close at $4.0000. British American Tobacco was 14.40% up at $145.8766 while, ART Corporation added 12.82% to end the week at $0.0880. Dairibord Zimbabwe ticked up 3.34% to $1.8600 with brick manufacturer Willdale rising by a further 3.23% to settle at $0.0320. SeedCo Limited was 2.16% higher at $4.7001 as TSL added at 2.12% to $2.9105. AFDIS advanced 0.65% to end at $9.3105.  Overall, ten counters traded in the positive during the week against seventeen fallers to leave the market with a negative breadth of seven. On the loser’s side was TN Cybertech which plunged 16.06% during the week and settled at $0.1250 as selling pressure continued in the banking group. Hippo Valley rolled back to $8.7210 on a 15% slide, on the back of waning demand. Banking group CBZ was 11.25% down at $12.6031 while, FMP trimmed 9.77% to $0.7850. Tanganda was 5.85% lower at $0.6500, post the release of its rights issue circular. Econet which is currently trading under cautionary declined 3.93% to $9.5226 with retailer OKZIM following after letting go 2.95% to end at $0.1166. NMB was 2.91% down at $5.0000 while, Proplastics retreated 2.88% to end at $1.3500. Proplastics lost 2.88% to $1.3500. Top capitalised stock Delta was 2.06% down at $29.0254, where demand could be established.