Daily Market Report

Market Turnover:

The total market turnover decreased by 34.5%, reached at TZS 9.57 billion compared to the previous session’s figure of TZS 14.60 billion.

Top Movers:

TCC was the top mover of the market on the day under review, contributing about 88.82% of the total market turnover. Other top movers were CRDB, NMB, AFRIPRISE and NICO.

Market Participation:

Local Investors dominated both the purchase and sale side by 91.03% and 90.97% respectively. While foreign investors purchase side was 8.97% and sales side was 9.03%, leading to net foreign cash outflow of TZS 5.74 million.

Market Capitalization:

Total market capitalization exhibits a slight increase of 0.755% equivalent to TZS 19,352.46 billion. On the other side, Domestic market capitalization experienced a slight increase of 0.203% equivalent to TZS 12,970.21 billion. This is driven by DCB, CRDB and NICO.

Gainer & Losers:

DCB and CRDB were the stock gainers in the market, their prices increased by 4.00% and 1.28% to TZS 130 and TZS 790 respectively . While 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 totaling TZS 1.6750 billion. The total transactional value for these bonds amounted to TZS 1.7809 billion, encompassing 9 deals. The traded bonds included were 20- and 25-year government bonds and NMB Corporate bonds.

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