Daily Market Report

Market Turnover:

The total market turnover increased by 207.1%, reached at TZS 2.67 billion compared to the previous session’s figure of TZS 870.30 million.

Top Movers:

TBL was the top mover of the market on the day under review, contributing about 69.29% of the total market turnover. Other top movers were CRDB, NICO, NMB, and DCB.

Market Participation:

Local Investors dominated the purchase side by 99.00% and the sales side by 2.56%. Foreign Investors dominated the sales side by 97.44% and the purchase side by 1.00%, leading to 2,577.63 million net foreign cash outflow.

Market Capitalization:

Total market capitalization exhibits a slight increase of 0.101% equivalent to TZS 19,161.76 billion. On the other side, Domestic market capitalization experienced a slight increase of 0.024% equivalent to TZS 12,808.96 billion. This is driven by NICO.

Gainer & Losers:

NICO was the only stock gainer in the market, its price increased by 7.25% to TZS 740.

Fixed Income Market:

The fixed-income market observed bond trading with a face value totaling TZS 11.4247 billion. The total transactional value for these bonds amounted to TZS 12,2059 billion, encompassing 13 deals. The traded bonds included were 10-, 15-, 20- and 25-year government bonds.

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