Daily Market Report

Market Turnover:

The total market turnover increased by 394.7%, reaching to TZS 2.94 billion compared to the previous session’s figure of TZS 594.54 million. Driven by significantly increase of the market activities ,particularly on the NMB counter due to pre-arranged block traded transaction involving 400,000 shares trade at TZS 5,400, totaling to TZS 2.16 billion.

Top Movers:

NMB was the top mover of the market on the day under review, contributing about 74.83% of the total market turnover. Other top movers were CRDB, MKCB, NICO and DCB.

Market Participation:

Local investors dominated the purchase side entirely and by 86.08% on the sale side. While Foreign investor participation on sale side was 13.92%, leading to the net foreign outflow of TZS 409.38 million.

Market Capitalization:

Both the total and domestic market capitalization experienced a slightly decrease of 0.008% and 0.004% settled at TZS 18,668.51 billion and TZS 12,396.08 billion respectively, this trend was influenced by the price fall of MKCB and KCB (cross-listed stock).

Gainer & Losers:

MKCB was the only stock loser, its price dropped by 3.45% to TZS 560 from TZS 580. There was no stock gainer in the market.

Fixed Income Market:

The fixed-income market observed bond trading with a face value totaling TZS 12.4681 billion. The total transactional value for these bonds amounted to TZS 13.1490 billion, encompassing 17 deals. The traded bonds included were 10-, 20- and 25-year government bonds and CRDB and NMB bonds.

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