ZSE ZSE TOP 15 INDEX: 491.50 (-1.32%)
VFEX ZSE VFEX ALLSHARE INDEX: 254.75 (-0.16%)
ZSE ZSE SMALL CAP INDEX: 100.11 (+0.00%)
ZSE ZSE CONSUMER DISCRETIONARY INDEX: 810.02 (+0.16%)
ZSE ZSE MINING INDEX: 147.11 (+0.00%)
ZSE ZSE MID CAP INDEX INDEX: 493.75 (+0.91%)
ZSE ZSE TOP 10 INDEX: 477.59 (-1.48%)
ZSE ZSE ALL SHARE INDEX: 474.92 (-1.04%)
ZSE ZSE TOP 15 INDEX: 491.50 (-1.32%)
VFEX ZSE VFEX ALLSHARE INDEX: 254.75 (-0.16%)
ZSE ZSE SMALL CAP INDEX: 100.11 (+0.00%)
ZSE ZSE CONSUMER DISCRETIONARY INDEX: 810.02 (+0.16%)
ZSE ZSE MINING INDEX: 147.11 (+0.00%)
ZSE ZSE MID CAP INDEX INDEX: 493.75 (+0.91%)
ZSE ZSE TOP 10 INDEX: 477.59 (-1.48%)
ZSE ZSE ALL SHARE INDEX: 474.92 (-1.04%)
EFE Securities Logo Member of the Zimbabwe Stock Exchange
Market Commentary

WEEKLY REVIEW 18.09.2026

Published on 17 September 2026 • Equity Research

17 September 2026 Download Report (PDF)

The ZSE market continued to record losses week-on-week, driven by reduced market participation and heightened selling interest witnessed in selected counters. The All-Share Index was 0.07% weaker at 452.95pts while, the Industrial Index closed with a near similar 0.06% drop to end the week pegged at 444.49pts. The Blue-Chip Index was 0.55% softer at 444.38pts, mainly weighed down by Mashonaland Holdings, Dairibord, SeedCo and ZSE. On the contrary, the Mid Cap Index was 1.81% firmer at 520.62pts after extending its YTD gains to 87.17%. Elsewhere, Zimbabwe’s gold deliveries reached 5.11 tonnes in August 2026, following a 20.68% increase compared to 4.24 tonnes recorded during the same period in August 2025. 

General Beltings led the losers of the week on a 9.83% plunge that took it to $0.0902, where demand could be established. Brick makers Willdale Limited followed after succumbing 9.16% to settle at $0.0654 while, Mashonaland Holdings dropped 8.56% to $1.4631. Milk processor Dairibord was 8.26% down at $5.5000 while, mining house RioZim came off 8.16% to close at $0.9000. ART tumbled 7.82% to settle at $0.2005 as Proplastics shed 5.85% to $1.4500. Seed producer SeedCo eased 5.31% to settle at $4.2728 while, ZSE Holdings declined 3.95% to $3.4000. Tanganda capped the worst performers of the week on a 3.42% retreat to $3.4000.
Partially mitigating the weekly losses was TN Cybertech that jumped 27.63% to $0.5128, followed by CFI Holdings that surged 14.92% to $7.9300. Agriculture concern Ariston closed 14.25% higher at $0.0618 as Zimre Holdings went up 13.95% to $0.9800. Life assurer First Mutual closed 11.45% firmer at $3.3267 while, Star Africa stepped up 4.15% to $0.0550. Meikles soared 4.06% to settle at $2.5000 while, construction group Masimba gained 1.11% to $3.0231. Hotelier RTG ticked up 0.93% to $1.3020 while, beverages giant Delta added 0.66% to end the week pegged at $28.1940.

Official Document Attachment Click to read in PDF viewer
Open PDF

Trade Support Desk

Need investment assistance or have trade inquiries? Call our desk directly.

+263 242 799132-5 Send Inquiry