Daily Market Report

Market Turnover:

The total market turnover rose to TZS 615.16 million from TZS 607.87 million, marking a +1.2% increase from the previous session. The turnover was largely driven by heavy trades in CRDB and DCB, together contributing 42% to the total market turnover.

Top Movers:

CRDB led the market with TZS 259 million in turnover from 327,895 shares. DCB followed with TZS 256.3 million (2,049,528 shares). Other notable movers included TPCC (Tanzania Portland Cement), AFRIPRISE, and NICO.

Market Participation:

The session was dominated by domestic investors: Purchases: 100% domestic. Sales: 91.29% domestic, 8.71% foreign.

Market Capitalization:

Overall market capitalization increased by 0.939% to TZS 19,810.59 billion. Domestic market capitalization edged up by 0.063% to TZS 13,276.03 billion.

Gainer & Losers:

It was a positive day for a few standout stocks: Gainers: AFRIPRISE: +1.79% to TZS 285, TPCC: +0.91% to TZS 5,550. Losers: Swissport: -1.32% to TZS 1,500, NICO: -1.23% to TZS 800.

Fixed Income Market:

Bond market activity was solid, with a face value of TZS 47.90 billion and turnover of TZS 50.70 billion across 49 deals. Trades covered government bonds, that include the 15-, 20- and 25- year bonds, and SAM Corporate bonds. Yields ranged from 12.55% to 15.04%, with 20 and 25-year bonds being the most traded.

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