Daily Market Report

Market Turnover:

The total market turnover increased by 129.3%, reached at TZS 1.46 billion compared to the previous session’s figure of TZS 635.53 million.

Top Movers:

CRDB was the top mover of the market on the day under review, contributing about 78.08% of the total market turnover. Other top movers were SWIS, TPCC, AFRIPRISE and NMB.

Market Participation:

Local Investors dominated both the purchase and sales side by 100.00% and 83.53% respectively. While foreign investors sales side was 16.47%, this leading to TZS 240.05 million as the net foreign cash outflow.

Market Capitalization:

Total market capitalization exhibits a slight increase of 0.435% equivalent to TZS 19,020.27 billion. On the other side, Domestic market capitalization experienced a slight increase of 0.376% equivalent to TZS 13,023.40 billion. This is driven by TPCC, NICO and AFRIPRISE.

Gainer & Losers:

TPCC and AFRIPRISE were the stock gainers in the market, their prices increased by 7.46% and 8.7% to TZS 4320 and TZS 250 respectively. NICO was the only stock loser in the market, its price decreased by 1.37% to TZS 720.

Fixed Income Market:

The fixed-income market observed bond trading with a face value totalling TZS 13.1830 billion. The total transactional value for these bonds amounted to TZS 13.9539 billion, encompassing 18 deals. The traded bonds included were 10-,15-, 20- and 25-year government bonds.

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