Daily Market Report

Market Turnover:

The total market turnover increased by 849.9%, reached at TZS 3.38 billion compared to the previous session’s figure of TZS 355.92 million.

Top Movers:

TBL was the top mover of the market on the day under review, contributing about 79.88% of the total market turnover. Other top movers were CRDB, NMB, TCCL and NICO.

Market Participation:

Local Investors dominated the purchase side by 100.00% and sales side by 20.14%, the foreign Investors dominated the sales side by 79.86%, leading to 2699.89 million net foreign cash outflow.

Market Capitalization:

Total market capitalization exhibits a slight decrease of 0.15% equivalent to TZS 19,188.01 billion. On the other side, Domestic market capitalization experienced a slight decrease by 0.005% equivalent to TZS 12,791.24 billion. This is driven by NICO.

Gainer & Losers:

NICO was the only stock loser in the market, its price decreased by 1.35% to TZS 730.

Fixed Income Market:

The fixed-income market observed bond trading with a face value totaling TZS 71.6594 billion. The total transactional value for these bonds amounted to TZS 70.2082 billion, encompassing 25 deals. The traded bonds included were 10-, 20- and 25-year government bonds.

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