Daily Market Report

Market Turnover:

The total market turnover decreased by 38.9%, reaching to TZS 331.44 million compared to the previous session’s figure of TZS 542.46 million. Driven by dropping down of the market activities.

Top Movers:

CRDB was the top mover of the market on the day under review, contributing about 86.8% of the total market turnover. Other top movers were NMB, NICO, TCCL and AFRIPRISE.

Market Participation:

Local investors dominated the purchase side by 97.03% and they account about 16.18% of the sales sides. While Foreign investor dominates the sale side by 83.82% and participated by 2.97 on the purchase side, leading to the net foreign outflow of TZS 267.97 million.

Market Capitalization:

Both total and domestic market capitalization experienced a slightly rise of 0.532% and 0.007% reaching at TZS 18,097.5 billion and TZS 12,215.56 billion respectively. This trend was driven by DCB's EABL's, KCB's and NMG's price appreciation.

Gainer & Losers:

DCB emerged as the sole gainer, with its share price increasing by 3.7% to TZS 140. There was no stock loser.

Fixed Income Market:

The fixed-income market observed bond trading with a face value totaling TZS 0.5132 billion. The total transactional value for these bonds amounted to TZS 0.5312 billion, encompassing 3 deals. The traded bonds included are 20- year government bonds.

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