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
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

3185 Report(s)
MARKET COMMENT 12.08.2026
Market Commentary

MARKET COMMENT 12.08.2026

ZSE commences new week in losses… The ZSE market commenced the new week in losses as the primary All Share Index lost 0.65% to 476.3...

11 Aug 2026 ARIS.zw,BRDR.zw,CFI.zw,HIPO.zw
MARKET COMMENT 10.06. 2026
Market Commentary

MARKET COMMENT 10.06. 2026

ZSE commences new week in losses… The ZSE market commenced the new week in losses as the primary All Share Index lost 0.65% to 476.3...

09 Aug 2026 ASUN.VX,DLTA.zw,ECO.zw
MARKET COMMENT 09.08. 2026
Market Commentary

MARKET COMMENT 09.08. 2026

ZSE closes the week in marginal gains…The ZSE market ended the week in marginal gains as the primary All Share Index rose 0.02% to 47...

08 Aug 2026 ECO.zw,FCA.VX,NTS.zw
MONTHLY REPORT 07.08.2026
Monthly Reports

MONTHLY REPORT 07.08.2026

Heavy and mid-cap counters anchor the market with double-digit gains…Heavy and mid cap counters anchored the market in the month of A...

06 Aug 2026 ARIS.zw,BRDR.zw,DLTA.zw
WEEKLY REVIEW 07.08.2026
Weekly Reports

WEEKLY REVIEW 07.08.2026

The ZSE swung back into losses, to see all the indices under our review close pointing southwards. The primary All Share Index dropped 0.29%...

06 Aug 2026 FCA.VX,GBH.zw,TANG.zw
MARKET COMMENT 06.08. 2026
Market Commentary

MARKET COMMENT 06.08. 2026

Losses persist on the ZSE…Losses persisted on the ZSE market as the All Share Index fell 0.21% to 479.31pts while, the Blue-Chip Inde...

05 Aug 2026 ARIS.zw,COTT.zw,DLTA.zw
MARKET COMMENT 05.08. 2026
Market Commentary

MARKET COMMENT 05.08. 2026

Market slips into the red…The ZSE market slipped into the red in midweek session as the All-Share Index declined 0.13% to end at 480....

04 Aug 2026 ARIS.zw,DZL.zw
MARKET COMMENT 31.07.2026
Market Commentary

MARKET COMMENT 31.07.2026

ZSE extends gains in the last session of the month…The market extended gains in the last session of the week as the primary All Share...

30 Jul 2026 CBZ.zw,HIPO.zw,MMDZ.zw
WEEKLY REVIEW 31.07.2026
Weekly Reports

WEEKLY REVIEW 31.07.2026

The ZSE continued to buttress prior week’s gains as four of the Indices we review closed in the black. The All-Share Index was 2.81% f...

30 Jul 2026 ARIS.zw,FCA.VX,HIPO.zw
MARKET COMMENT 30.07.2026
Market Commentary

MARKET COMMENT 30.07.2026

Marginal gains in the penultimate session…The market gained marginally in the penultimate session reversing losses from mid-week trad...

29 Jul 2026 ARIS.zw,FIDL.zw,GBH.zw
MARKET COMMENT 28.06.2026
Market Commentary

MARKET COMMENT 28.06.2026

ZSE records marginal gains in week opener…The ZSE market recorded marginal gains in the week opening session as the primary All Share...

26 Jul 2026 DLTA.zw,HIPO.zw
MARKET COMMENT 29.07.2026
Market Commentary

MARKET COMMENT 29.07.2026

ZSE records marginal gains in week opener…The ZSE market recorded marginal gains in the week opening session as the primary All Share...

26 Jul 2026 ARTD.zw,FCA.VX

Trade Support Desk

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

+263 242 799132-5 Send Inquiry