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.
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.
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.
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.
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.
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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