Daily Market Report

9th January 2025

Market Turnover:

The total market turnover increased by 27.7%, reaching to TZS 542.46 million compared to the previous session’s figure of TZS 424.71 million. Driven by increase in market activities specifically on CRDB counter.

Top Movers:

CRDB was the top mover of the market on the day under review, contributing about 91.6% of the total market turnover. Other top movers were TPPC, NMB, NICO and DCB.

Market Participation:

Local investors dominated entirely the purchase side and they account about 10.09% of the sales sides. While Foreign investor dominates the sale side by 89.91%, leading to the net foreign outflow of TZS 487.72 million.

Market Capitalization:

The total market capitalization experienced a slightly rise of 0.065% reaching at TZS 18,001.84 billion, driven by EABL's, KCB's and JHL's price appreciation While domestic market capitalization has declined by 0.008% to TZS 12,244.57 billion influenced by price fall of CRDB, DCB, AFRIPRISE and SWIS.

Gainer & Losers:

CRDB, AFRPRISE, DCB and SWIS are the stock losers driven by price decline by 1.49%, 2.27%, 3.57% and 5.66% to TZS 660, TZS 215, TZS 135 and TZS 1,000 respectively. There was no stock gainer in the market.

Fixed Income Market:

The fixed-income market observed bond trading with a face value totaling TZS 1.1 billion. The total transactional value for these bonds amounted to TZS 1.1378 billion, encompassing 4 deals. The traded bonds include 20- and 25- year government bonds.

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