Daily Market Report

Market Turnover:

The total market turnover increased by 205%, reached at TZS 2.06 billion compared to the previous session’s figure of TZS 676.85 Million.

Top Movers:

CRDB was the top mover of the market on the day under review, contributing about 84.45% of the total market turnover. Other top movers were TCC, NMB, TBL and NICO.

Market Participation:

Local investors dominated the purchase side entirely by 100% and by 53.88% on the sale side. While Foreign investor participation on sale side was 46.12%, leading to the net foreign cash outflow of TZS 952.2 million.

Market Capitalization:

Total market capitalization exhibits a slight increase of 1.850% settled at TZS 18,885.28 billion. On the other side, Domestic market capitalization experienced a slight increase by 1.004% equivalent to TZS 12,574.05 billion driven by NMB.

Gainer & Losers:

NMB was the only stock gainer, its price increased by 4.46% to TZS 5850. There was no stock loser in the market.

Fixed Income Market:

The fixed-income market observed bond trading with a face value totaling TZS 6.0097 billion. The total transactional value for these bonds amounted to TZS 6.2817 billion, encompassing 10 deals. The traded bonds included were 20- and 25-year government bonds and CRDB corporate bonds.

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