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MARKET COMMENT -2024-04-26

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ZSE eked out gains in Friday’s session as weighty heavies managed to keep the market afloat.

Written by EFE Research

MARKET COMMENT -2024-04-25

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ZSE closes 1.57% higher in Thursday’s trades… The ZSE market closed 1.57% higher in the penultimate session of the week as it ended pegged at 98.76pts. The Blue-Chip Index notched up 2.27% to close at 96.36pts while, the Mid-Cap Index added 0.61% to close at 104.12pts. On the contrary, the Agriculture Index was 3.01% lower at 96.85pts. A total of sixteen counters registered trades in the session, segregated into ten risers and four losers. Sugar processor Star Africa led the gainers of the day as it charged 45.09% to end at $0.0065 while, brick manufacturer Willdale edged up 9.56% to close at $0.0550.

Written by EFE Research

MARKET COMMENT -2024-04-23

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The market rebounded in Tuesday’s session to see the mainstream All Share Index adding 0.14% to 96.47pts while, the ZSE Top Ten Index rose on 0.50% to 93.88pts.

Written by EFE Research

MARKET COMMENT -2024-04-19

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The ZSE market continued to falter in the week-ending session as the mainstream All Share Index shed 0.98% to 95.99pts while, the ZSE Top Ten Index tumbled 1.16% to 92.99pts.

Written by EFE Research

MARKET COMMENT -2024-04-17

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The ZSE retreated further ahead of the Independence holiday tomorrow as three of the indices that we review closed pointing southwards.

Written by EFE Research

MARKET COMMENT -2024-04-12

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The ZSE market eked out gains in week-ending session as the mainstream All Share Index charged 1.74% to 100.39pts. The ZSE Top Ten Index advanced 2.56% to land at 99.71pts while, the ZSE Agriculture Index was stable at 100.93pts.

Written by EFE Research

MARKET COMMENT -2024-09-14

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Market activity at all-time lows amidst currency confusion… Market activity reached all-time lows in the session as only two counters registered trades, with the market being affected by currency chaos that is currently prevailing in the economy. The All-Share Index jumped 0.69% to close at 101.98pts while, the Blue-Chip Index went up 0.83% to close at 100.81pts. The Mid-Cap Index was 3.52% higher at 103.59pts while, the Agriculture Index was stable at 100.63pts as no trades were executed in the corresponding counters.

Written by EFE Research

MARKET COMMENT -2024-04-05

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The ZSE retreated in week-ending session as the mainstream All Share Index put on 0.12% to end at 915,605.88pts. The ZSE Agriculture Index edged up 5.75% to 2,441.74pts while, the Mid Cap Index added 0.05% to 3,409,471.43pts.

Written by EFE Research

MARKET COMMENT 28.03.2024

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The ZSE ended the first quarter of the year in gains as all the four indices that we review closed in the black. The ZSE All Share Index advanced 3.43% to 873,263.38pts while, the ZSE Top Ten Index charged 3.69% to 398,030.12pts.

Written by EFE Research

MARKET COMMENT -2024-03-26

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The ZSE market maintained a positive momentum in the second session of the week as the primary All-Share Index firmed up 1.84% to 795,094.49pts while, the Blue-Chip Index rose 1.45% to 359,420.82pts.

Written by EFE Research

MARKET COMMENT -2024-03-18

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Bullish sentiment prevails in Monday’s session as demand continues to firm up ... The bullish sentiment prevailed in Monday’s trades as demand in selected counters continued to skyrocket.

Written by EFE Research

MARKET COMMENT -2024-03-15

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Heavy and Mid cap counters propel the market in Friday’s trades ... Heavy and Mid cap counters propelled the market in Friday’s trades as demand continued to outstrip supply across the board.

Written by EFE Research

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