Daily Market Report

Market Turnover:

The total market turnover increased by 10.3%, reaching to TZS 617.91 million compared to the previous session’s figure of TZS 560.20 million. Driven by surge of the market activities. Today, there was a pre-arranged block trade transaction on CRDB counter involving 323,294 shares traded at TZS 650.

Top Movers:

CRDB was the top mover of the market on the day under review, contributing about 90.09% of the total market turnover. Other top movers were NMB, DSE, TPCC and NICO.

Market Participation:

Local investors dominated the purchase side entirely and account about 47.18% on the sale side. While Foreign investor participation dominated the sale side by 52.82%, leading to the net foreign outflow of TZS 326.38 million.

Market Capitalization:

Total market capitalization experienced a slight increase of 0.094% reaching TZS 18,110.07 billion while domestic market capitalization experiences a decrease at TZS 12,214.86 billion.

Gainer & Losers:

Dar es Salaam Stock Exchange stocks (DSE) was the only stock loser in the market, record a price decrease of 0.83% settled at TZS 2,380. There was no stock gainer today.

Fixed Income Market:

The fixed-income market observed bond trading with a face value totaling TZS 1.5070 billion. The total transactional value for these bonds amounted to TZS 1.5259 billion, encompassing 13 deals. The traded bonds included are 20- and 25-year government bond and CRDB & NBC corporate bonds.

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