Daily Market Report

Market Turnover:

The total market turnover decreased by 91.2%, reached at TZS 301.03 million compared to the previous session’s figure of TZS 3.43 billion.

Top Movers:

CRDB was the top mover of the market on the day under review, contributing about 89.66% of the total market turnover. Other top movers were NICO, NMB, DCB and AFRIPRISE.

Market Participation:

Local Investors dominated the purchase side by 99.37% and sales side by 16.17%, the foreign Investors dominated the sales side by 83.83% and the purchase side by 0.63%, leading to 250.46 million net foreign cash outflow.

Market Capitalization:

Total market capitalization exhibits a slight decrease of 0.149% equivalent to TZS 19,282.74 billion. On the other side, Domestic market capitalization experienced a slight decrease of 0.029% equivalent to TZS 12,809.31 billion. This is driven by NICO.

Gainer & Losers:

NICO was the only stock loser in the market, its price decreased by 8.57% to TZS 640.

Fixed Income Market:

The fixed-income market observed bond trading with a face value totaling TZS 45.8979 billion. The total transactional value for these bonds amounted to TZS 46.8903 billion, encompassing 43 deals. The traded bonds included were 15-, 20- and 25-year government bonds and CRDB Corporate Bond.

Please do not hesitate to contact us, if you have any further inquiries or require additional details.
Stay connected with Global Alpha Capital.

Best Regards,
Research & Financial Analytics,
Tel: +255 762 367 347
Email: info@alphacapital.co.tz
Twitter:https://x.com/AlphacapitalTz?t=syMgdAEZeWzsqqPcanh5gQ&s=08
LinkedIn:https://www.linkedin.com/company/alpha-capitaltz/
WhatsApp Group:https://chat.whatsapp.com/E7W8BuWZj7eGqXghy

DOWNLOAD THIS REPORT