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)
WEEKLY REPORT 05.01.2023
Weekly Reports

WEEKLY REPORT 05.01.2023

The ZSE continued to sail in the positive territory spurred by the sustained bullish sentiment prevailing on the bourse. All the four indice...

04 Jan 2024 CAFCA.zw,DLTA.zw,FIDL.zw
MARKET COMMENT 04.01.2024
Market Commentary

MARKET COMMENT 04.01.2024

The market extended the bullish trend in Thursday’s session to see the primary All Share Index ticking up 7.70% to 240,181.46pts while...

03 Jan 2024 CBZ.zw,DLTA.zw,SACL.zw
MARKET COMMENT 03.01.2024
Market Commentary

MARKET COMMENT 03.01.2024

Resurgent demand in heavies lift the market in Wednesday’s trades… The market-maintained gains into the second session of the...

02 Jan 2024 AFDS.zw,CAFCA.zw,SEED.ZW
MARKET COMMENT 02.01.2024
Market Commentary

MARKET COMMENT 02.01.2024

ZSE extend gains in new year opening session… The market stretched gains into the opening session of 2024 as the primary All Share I...

01 Jan 2024 ASUN.VX
MARKET COMMENT 29.12.2023
Market Commentary

MARKET COMMENT 29.12.2023

ZSE caps the year 2023 in the black… The ZSE capped the year 2023 in the black anchored by selected heavies that buttressed prior se...

28 Dec 2023 EHZL.ZW,ECO.zw,SACL.zw
MARKET COMMENT 28.12.2023
Market Commentary

MARKET COMMENT 28.12.2023

The ZSE continued to advance in the penultimate session of the year as the primary All Share Index advanced 1.38% to 203,036.28pts. The Blue...

27 Dec 2023 EHZL.ZW,ECO.zw,SACL.zw
MARKET COMMENT 27.12.2023
Market Commentary

MARKET COMMENT 27.12.2023

Post-holiday trading sees the ZSE extend gains… The market extended gains post holidays, firming up 0.75% to 200,279.18pts as invest...

26 Dec 2023 AFDS.zw,AXIA.VX
WEEKLY REPORT 21.12.2023
Weekly Reports

WEEKLY REPORT 21.12.2023

Resurgent demand in market heavies saw the ZSE reverse prior week’s losses and surge into gains, with all four benchmarks in our revie...

20 Dec 2023 CBZ.zw,CFI.zw,EHZL.ZW
MARKET COMMENT 21.12.2023
Daily Reports

MARKET COMMENT 21.12.2023

ZSE ends holiday shortened week in the black… Market ended the week under review in the black ahead of the Unity Day holiday as the...

20 Dec 2023 ARIS.zw,EHZL.ZW,SEED.ZW
MARKET COMMENT 20.12.2023
Market Commentary

MARKET COMMENT 20.12.2023

ZSE extend gains … The market extended gains in midweek session as the primary All Share Index rose 1.49% to 194,835.76pts while, th...

19 Dec 2023 CFI.zw,FBC.zw,TURN.zw
MARKET COMMENT 19.12.2023
Market Commentary

MARKET COMMENT 19.12.2023

ZSE rebounds on improved activity … The market rebounded from prior session losses as the primary All Share Index gained 2.39% to 19...

18 Dec 2023 CAFCA.zw,CBZ.zw,DZL.zw
MARKET COMMENT 18.12.2023
Market Commentary

MARKET COMMENT 18.12.2023

Weakening demand drags down the ZSE… Waning demand seen across the board continued to drag down the ZSE to see the primary All Share...

17 Dec 2023 EHZL.ZW,NPKZ.zw,OKZ.zw

Trade Support Desk

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

+263 242 799132-5 Send Inquiry