Daily Market Report

Market Turnover:

The total market turnover decreased by 31.5%, reached at TZS 635.53 million compared to the previous session’s figure of TZS 927.34 million.

Top Movers:

CRDB was the top mover of the market on the day under review, contributing about 92.57% of the total market turnover. Other top movers were NMB, AFRIPRISE, DSE and NICO.

Market Participation:

Local Investors dominated the purchase side by 100.00% and the sales side by 46.14%. While foreign investors dominated the sales side by 53.86%, this leading to TZS 342.29 million as the net foreign cash outflow.

Market Capitalization:

Total market capitalization exhibits a slight increase of 0.077% equivalent to TZS 18,937.97 billion. On the other side, Domestic market capitalization experienced a slight increase of 0.005% equivalent to TZS 12,974.66 billion. This is driven by NICO.

Gainer & Losers:

NICO was the only stock gainer in the market, its price increased by 1.45% to TZS 700.

Fixed Income Market:

The fixed-income market observed bond trading with a face value totalling TZS 11.7903 billion. The total transactional value for these bonds amounted to TZS 12.5045 billion, encompassing 16 deals. The traded bonds included were 15-, 20- and 25-year government bonds.

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