Daily Market Report

Market Turnover:

The total market turnover increased by 61.9%, reached at TZS 1.11 billion compared to the previous session’s figure of TZS 683.67 million.

Top Movers:

CRDB was the top mover of the market on the day under review, contributing about 93.69% of the total market turnover. Other top movers were NMB, NICO, AFRIPRISE and DCB.

Market Participation:

Local Investors dominated both the purchase side and sales side by 100%, leading to absence of net foreign cash outflow.

Market Capitalization:

Total market capitalization exhibits a slight increase of 0.566% equivalent to TZS 19,072.67 billion. On the other side, Domestic market capitalization experienced a slight increase by 0.210% equivalent to TZS 12,625.10 billion driven by AFRIPRISE, NICO and CRDB.

Gainer & Losers:

AFRIPRISE, NICO and CRDB were the stock gainers in the market, their prices increased by 2.33%, 1.59% and 1.41% to TZS 220, TZS 640 and TZS 720 respectively. While DSE was the only stock loser in the market, its price decreased by 1.72% to TZS 2280.

Fixed Income Market:

The fixed-income market observed bond trading with a face value totaling TZS 14.5990 billion. The total transactional value for these bonds amounted to TZS 15.3977 billion, encompassing 18 deals. The traded bonds included were 15-, 20- and 25-year government bonds and NMB 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