The ZSE market capped the last week of October in gains as the All Share Index advanced 2.47% to 492.86pts while, the segregated Industrials rose by 2.51% to settle at 483.75pts. The Blue-Chip Index was 3.46% higher at 486.80pts on the back of gains in BAT, Delta, AFDIS, Hippo and ZBFH while, on the contrary the Mid Cap Index was 1.23% weaker at 551.32pts, reducing its YTD gains to 98.21%. Elsewhere, the Treasury anticipates collecting about ZiG300bn (US$11.3bn) in revenue next year against funding requests estimated at double the projected inflows, making expenditure prioritisation a key element of the 2027 National Budget.
British American Tobacco led the risers of the week as it surged 20.12% to close at $228.2353, where supply could be found. Insurer First Mutual Limited was 14.15% higher at $3.9952, albeit on scrappy shares. Delta Corporation ticked up 10.22% week on week and settled at $36.9499 on firming demand with RTG following on a 6.26% rebound that took it to $1.0000. African Distillers added 5.56% to $19.0000 while, Hippo edged up 4.15% to $12.4980. Meikles added 2.51% to end the week pegged at $2.5494 as banking group ZB Financial Holdings firmed up 0.54% to $7.5000 with TN Cybertech adding a 0.28% to $0.8475. NMB Bank completed the top ten risers of the week on a 0.06% uplift to $7.1800 on firming demand.
Dairibord Zimbabwe Limited plunged 15.00% to trade at $5.1000 while, CBZ Holdings limited followed after succumbing 13.69% to $28.0500 on the back of waning demand. Proplastics lost 13.04% to close the week at $1.1500 with General Beltings sliding 9.55% to $0.0995. Star Africa reversed previous gains on a $0.0554 while, construction group Masimba Holdings Limited retreated 5.26% to $2.7000. Banking group FBC dropped 4.94% during the week and closed at $12.5000 on weakening demand. Agriculture concern Ariston was 3.72% lower at $0.1300 while, logistics group Unifreight was 1.25% down at $2.3700. SeedCo local lost 0.93% to close the week at $3.7158.