Daily Market Report

23rd January 2025

Market Turnover:

The total market turnover increased by 151.6%, settled at TZS 2.04 Billion compared to the previous session’s figure of TZS 809.24 million. Driven by significantly increase of the market activities specifically on the CRDB counter which was influenced by block trade transaction.

Top Movers:

CRDB was the top mover of the market on the day under review, contributing about 72.54% of the total market turnover. Other top movers were TPCCP, NMB, DCB and MKCB.

Market Participation:

Local investors dominated both the purchase and sales by 100% and 64.82% respectively. While Foreign investor participated on the sale side by 35.18%. Hence, leading to the net foreign outflow of TZS 716.37 million.

Market Capitalization:

Both the total and domestic market capitalization experienced a slightly increase of 1.474% and 1.017% reaching TZS 18,646.31 billion and TZS 12,372.95 billion respectively, this trend was influenced by the price appreciation of NMB, DCB, EABL, JHL and KCB.

Gainer & Losers:

NMB and DCB were the stock gainers after the price increase by 4.67% and 3.7% reaching TZS 5,600 and TZS 140 respectively. DSE and AFRIPRISE are stock loser driven by price fall by 0.84% and 2.27% settled at TZS 2,360 and TZS 215 respectively.

Fixed Income Market:

The fixed-income market observed bond trading with a face value totaling TZS 0.7115 billion. The total transactional value for these bonds amounted to TZS 0.7222 billion, encompassing 12 deals. The traded bonds included are 20- and 25-year government bonds.

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