Daily Market Report

Market Turnover:

The total market turnover decreased by 72.8%, settled at TZS 997.41 million compared to the previous session’s figure of TZS 3.66 billion.

Top Movers:

CRDB was the top mover of the market on the day under review, contributing about 80.82% of the total market turnover. Other top movers were NMB, NICO, TPCC and DSE.

Market Participation:

Local investors dominated both purchase and sales side by 100% and 50.37% respectively. While foreign investor participation on sale side was 49.63%, leading to the net foreign cash outflow of TZS 495.02 million.

Market Capitalization:

Total market capitalization exhibits a slight decrease of 0.114% equivalent to TZS 18,522.39 billion. On the other side, Domestic market capitalization experienced a slight decrease by 0.167% equivalent to TZS 12,576.13 billion driven by NMB and NICO.

Gainer & Losers:

TCCL was the only stock gainer, its price increased by 5.56% to TZS 1900. While NMB and NICO were the only stock loser in the market, there prices decreased by 0.85% and 6.45% respectively and the prices settled at TZS 5800 and TZS 580 respectively.

Fixed Income Market:

The fixed-income market observed bond trading with a face value totaling TZS 2.1210 billion. The total transactional value for these bonds amounted to TZS 2.1210 billion, encompassing 6 deals. The traded bonds included were 10-, 20- and 25-year government bonds and NMB Corporate bond.

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