Daily Market Report

Market Turnover:

The total market turnover decreased by 77%, settled at TZS 676.85 million compared to the previous session’s figure of TZS 2.94 billion. Driven by significantly drop of the market activities ,particularly on the NMB counter.

Top Movers:

CRDB was the top mover of the market on the day under review, contributing about 94.48% of the total market turnover. Other top movers were NICO, TPCC, AFRIPRISE and NMB.

Market Participation:

Local investors dominated the purchase side entirely and by 61.65% on the sale side. While Foreign investor participation on sale side was 38.35%, leading to the net foreign outflow of TZS 259.57 million.

Market Capitalization:

Total market capitalization exhibits a slight decrease of 0.676% settled at TZS 18,542.28 billion, influenced by price decrease of EABL and NMG. On the other side, Domestic market capitalization experienced a slight increase TZS 12,449.05 billion driven by CRDB and AFRIPRISE.

Gainer & Losers:

CRDB and AFRPRISE were the only stock gainers, their price increased by 2.99% and 2.33% to TZS 690 and TZS 220 respectively. There was no stock loser in the market.

Fixed Income Market:

The fixed-income market observed bond trading with a face value totaling TZS 18.3880 billion. The total transactional value for these bonds amounted to TZS 18.9860 billion, encompassing 18 deals. The traded bonds included were 10-, 15-, 20- and 25-year government bonds and CRDB corporate bonds.

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