Daily Market Report

Market Turnover:

The total market turnover decreased by 95.2%, reached at TZS 822.56 million compared to the previous session’s figure of TZS 17.18 billion.

Top Movers:

CRDB was the top mover of the market on the day under review, contributing about 62.54% of the total market turnover. Other top movers were TBL, NMB, TCC and NICO.

Market Participation:

Local Investors dominated the purchase side by 99.99% and sales side by 43.89%. While foreign investors dominated the sales side by 56.11% and the purchase side by 0.01%, leading to net foreign cash outflow of TZS 461.46 million.

Market Capitalization:

Total market capitalization exhibits a slight decrease of 0.617% equivalent to TZS 19,048.08 billion. On the other side, Domestic market capitalization experienced a slight increase of 0.002% equivalent to TZS 12,865.44 billion. This is driven by AFRIPRISE and MKCB.

Gainer & Losers:

AFRIPRISE was the stock gainer in the market, its price increased by 2.22% to TZS 230. While MKCB was the only stock loser in the market, its price decreased by 3.33% to TZS 580.

Fixed Income Market:

The fixed-income market observed bond trading with a face value totaling TZS 13.9416 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 AZANIA and CRDB bond.

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