VFEX ZSE TOP 10 INDEX: 486.56 (-0.13%)
VFEX ZSE TOP 15 INDEX: 497.75 (-0.07%)
VFEX ZSE CONSUMER DISCRETIONARY INDEX: 502.34 (+0.00%)
ZSE ZSE VFEX ALLSHARE INDEX: 278.58 (+0.23%)
VFEX ZSE MINING INDEX: 163.94 (+0.00%)
VFEX ZSE SMALL CAP INDEX: 100.11 (+0.00%)
VFEX ZSE ALL SHARE INDEX: 493.27 (+0.22%)
VFEX ZSE MID CAP INDEX INDEX: 554.63 (+1.58%)
VFEX ZSE TOP 10 INDEX: 486.56 (-0.13%)
VFEX ZSE TOP 15 INDEX: 497.75 (-0.07%)
VFEX ZSE CONSUMER DISCRETIONARY INDEX: 502.34 (+0.00%)
ZSE ZSE VFEX ALLSHARE INDEX: 278.58 (+0.23%)
VFEX ZSE MINING INDEX: 163.94 (+0.00%)
VFEX ZSE SMALL CAP INDEX: 100.11 (+0.00%)
VFEX ZSE ALL SHARE INDEX: 493.27 (+0.22%)
VFEX ZSE MID CAP INDEX INDEX: 554.63 (+1.58%)
EFE Securities Logo Member of the Zimbabwe Stock Exchange
EFE Research Desk & Valuations

Research & Valuations

Independent macroeconomic commentary, corporate valuations, and strategic equity insights across Zimbabwean capital markets.

Research Categories

Institutional Advisory Need Bespoke Valuation Models?

Contact our research department for specialized institutional equity valuations, earnings forecasts, and financial modeling.

Inquire with Analysts →

All Research Publications

3205 Report(s)
Market Comment -22.10.2018
Market Commentary

Market Comment -22.10.2018

The benchmark indices ended Monday’s session in marginal gains with the primary All Share Index putting on 0.65% to close at 182.11pts while...

Weekly -19.10.2018
Weekly Reports

Weekly -19.10.2018

A late rebound in the market benchmarks was not enough to spur gains on the ZSE as all four major indices capped the week in the red. The pr...

Market Comment -19.10.2018
Market Commentary

Market Comment -19.10.2018

The market ended week in the black as three of the benchmark indices continued to trek northwards. The primary All Share and the Industrial...

Market Comment -18.10.2018
Market Commentary

Market Comment -18.10.2018

The mainstream All Share Index continued to head northwards after posting gains of 2.36% to settle at 178.55pts while, the Industrial Index...

Market Comment -17.10.2018
Market Commentary

Market Comment -17.10.2018

The ZSE made a comeback in mid-week session as all Indices closed the day pointing northwards. The All Share Index put on 2.69% to end at 1...

Market Comment -16.10.2018
Market Commentary

Market Comment -16.10.2018

Profit taking continued to take its toll in Tuesday session though sighs of a turn for demand emerged as the session progressed. Heavies tra...

Market Comment -15.10.2018
Market Commentary

Market Comment -15.10.2018

Persistent selling pressure on the bourse saw three of the benchmark Indices open the week in the red. The Top ten Index plunged 16.98% to e...

Weekly -12.10.2018
Weekly Reports

Weekly -12.10.2018

Currency hedging following policy pronouncements last week that separated nostro FCA accounts and RTG FCA accounts saw unprecedented demand...

Market Comment -12.10.2018
Market Commentary

Market Comment -12.10.2018

The market swung into the red in Friday’s session, breaking its five-day rising streak, to see benchmark indices closing pointing southwards...

Market Comment -11.10.2018
Market Commentary

Market Comment -11.10.2018

The market traded circa 21.29m shares on 386 trades yielding a record single day value outturn of $32.03m for the day. The volume of shares...

Market Comment -10.10.2018
Market Commentary

Market Comment -10.10.2018

Market aggregates surged in mid-week session with the volume of shares ballooning 109.14% to 21.25m while, turnover went up 3.15% to $20.04m...

Market Comment -09.10.2018
Market Commentary

Market Comment -09.10.2018

Buying pressure continued on ZSE with many investors pursuing the stock market route as a hedge against currency uncertainties. The market h...

Trade Support Desk

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

+263 242 799132-5 Send Inquiry