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 - 10.03.2023
Market Commentary

Market Comment - 10.03.2023

Heavy and mid-cap counters lift the market... The market capped the week in gains as the All Share Index buttressed prior sessions gains wi...

Weekly - 10.03.2023
Market Commentary

Weekly - 10.03.2023

The ZSE completed the first full week of March in the black as demand firmed across the board. The primary All Share Index surged to a 2.92%...

Market Comment - 09.03.2023
Market Commentary

Market Comment - 09.03.2023

ZSE ends Thursday’s session in marginal gains... The market ended Thursday’s session in marginal gains as three of the main indices closed...

Market Comment - 08.03.2023
Market Commentary

Market Comment - 08.03.2023

OKZIM gleams in mid-week trades... Giant retailer OKZIM anchored the activity aggregates after 14.91m shares worth $835.31m exchanged hands...

Market Comment - 07.03.2023
Market Commentary

Market Comment - 07.03.2023

Market rebounds in Tuesday''s session… The ZSE reversed prior session losses to see all the benchmark indices that we review close pointing...

Market Comment - 06.03.2023
Market Commentary

Market Comment - 06.03.2023

NMB shines in Monday''s session as Axia debuts on the VFEX... A block trade in NMB Holdings highlighted the session as 2m shares worth $90m...

Market Comment - 03.03.2023
Market Commentary

Market Comment - 03.03.2023

Marginal losses in week-ending trades... The market ended the week in marginal losses as the mainstream All Share Index let go 0.12% to clo...

Weekly - 03.03.2023
Weekly Reports

Weekly - 03.03.2023

Gains dominated an aggressively traded week on the ZSE as all the four benchmarks we review closed in the black. The highly liquid trading w...

Market Comment - 02.03.2023
Market Commentary

Market Comment - 02.03.2023

ZSE slips into the red in Thursday's session... The market retreated in the penultimate of the week weighed down by heavy cap counters. T...

Market Comment - 01.03.2023
Market Commentary

Market Comment - 01.03.2023

ZSE gains persist into the new month... The market maintained gains into the first session of the new month as the All Share Index stepped...

Market Comment - 28.02.2023
Market Commentary

Market Comment - 28.02.2023

Market registers steady gains in month-end session... The ZSE recorded gains in the month end session to see all the benchmark indices we r...

Market Comment - 27.02.2023
Market Commentary

Market Comment - 27.02.2023

ZSE commences new week in gains as Innscor debuts on the VFEX... The ZSE commenced the new week on a positive note as four indices that we...

Trade Support Desk

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

+263 242 799132-5 Send Inquiry