Daily Market Report

Market Turnover:

The total market turnover increased by 89.6%, reached at TZS 1.69 billion compared to the previous session’s figure of TZS 891.39 million.

Top Movers:

CRDB was the top mover of the market on the day under review, contributing about 98.2% of the total market turnover. Other top movers were NICO, NMB, DSE and DCB.

Market Participation:

Local Investors dominated both the purchase and sales side by 100.00%, leading to absence of net foreign cash outflow.

Market Capitalization:

Total market capitalization exhibits a slight increase of 0.011% equivalent to TZS 18,905.96 billion. On the other side, Domestic market capitalization experienced a slight decrease of 0.005% equivalent to TZS 12,983.97 billion. This is driven by NICO.

Gainer & Losers:

NICO was the only stock loser in the market, its price decreased by 1.39% to TZS 710.

Fixed Income Market:

The fixed-income market observed bond trading with a face value totalling TZS 1.7870 billion. The total transactional value for these bonds amounted to TZS 1.7333 billion, encompassing 23 deals. The traded bonds included were 5-, 15-, 20- and 25-year government bonds and SAM and NMB Corporate bonds.

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