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 10.05.2017
Market Commentary

Market Comment 10.05.2017

The Industrials extended gains in mid-week trades, its fifth straight gain as demand continue to firm in most selected heavies. The industri...

Market Comment 09.05.2017
Market Commentary

Market Comment 09.05.2017

The ZSE sustained its growth trajectory to close the day in the black. The mainstream Industrial Index notched a marginal 0.10% to 146.27pts...

Market Comment 08.05.2017
Market Commentary

Market Comment 08.05.2017

The mainstream Industrial Index continued with its fine run, escalating its gains by a further 0.59% to 146.12pts in week opening trades. He...

Weekly 05.05.2017
Weekly Reports

Weekly 05.05.2017

The ZSE rallied into the month of May as demand continued to sour on the bourse amidst constrained supply. Demand for shares has been growin...

Market Comment 05.05.2017
Market Commentary

Market Comment 05.05.2017

The market edged higher in week ending trades putting on a hefty 1.18% to 145.26 resulting in positive year to date gains for the first time...

Market Comment 04.05.2017
Market Commentary

Market Comment 04.05.2017

The Industrial Index recorded a marginal gain in subdued Thursday trades. Total value outturn for the day was a mere $90,432 having plunged...

Market Comment 03.05.2017
Market Commentary

Market Comment 03.05.2017

A block trade in short-term Insurers Nicoz Diamond highlighted mid-week trades, as a circa 46m shares, representing 8% of the minority offer...

Market Comment 02.05.2017
Market Commentary

Market Comment 02.05.2017

The Industrial Index continued on its recovery route after ticking 0.32% up to close at 14.66pts narrowing its YTD loss to 0.60%. Similarly,...

Weekly 28.04.2017
Weekly Reports

Weekly 28.04.2017

The ZSE was sticky northwards in the final week of the month as the benchmark Industrial Index powered to a 1.03% rise closing at 143.20pts...

Market Comment 28.04.2017
Market Commentary

Market Comment 28.04.2017

The Industrials extended gains for the fifth consecutive session closing the week in the black on depressed activity. The main stream Indica...

Market Comment 27.04.2017
Market Commentary

Market Comment 27.04.2017

The Industrials extended gains in Thursday’s trades buoyed by nine bulls against one faller, to leave the market with a positive breadth of...

Market Comment 26.04.2017
Market Commentary

Market Comment 26.04.2017

Firming demand in top capitalised stocks helped maintain an upward impetus on the ZSE. Econet with a significant weight in the index calcula...

Trade Support Desk

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

+263 242 799132-5 Send Inquiry