Daily Market Report

Market Turnover:

The total market turnover increased by 638.7%, reached at TZS 17.18 billion compared to the previous session’s figure of TZS 870.30 million.

Top Movers:

TCC was the top mover of the market on the day under review, contributing about 87.54% of the total market turnover. Other top movers were TBL, CRDB, NMB and NICO.

Market Participation:

Local Investors dominated the purchase side by 100.00% and sales side by 11.10%, While foreign investors dominated the sales side by 88.90%, leading to net foreign cash outflow of TZS 15,274.68 million.

Market Capitalization:

Total market capitalization exhibits a slight decrease of 0.282% equivalent to TZS 19,166.43 billion. On the other side, Domestic market capitalization experienced a slight increase of 0.201% equivalent to TZS 12,865.18 billion. This is driven by MKCB, CRDB and DCB.

Gainer & Losers:

MKCB and CRDB were the stock gainers in the market, their prices increased by 3.45% and 1.30% to TZS 600 and TZS 780 respectively. While DCB was the only stock loser in the market, its price decreased by 3.85% to TZS 125.

Fixed Income Market:

The fixed-income market observed bond trading with a face value totaling TZS 1.0920 billion. The total transactional value for these bonds amounted to TZS 1.1647 billion, encompassing 9 deals. The traded bonds included were 5-, 20- and 25-year government bonds and SAMIA bond.

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