Daily Market Report

Market Turnover:

The total market turnover decreased significantly by 32%, reaching to TZS 278.92 million compared to the previous session’s figure of TZS 410.34 million. Driven by decrease in market activities. Today there was block trade transactions involving 60,000 shares of the Twiga Cement.

Top Movers:

TPCC was the top mover of the market on the day under review, contributing about 78.23% of the total market turnover. Other top movers were CRDB, NMB, TCCL and TBL.

Market Participation:

Local investors dominated the purchase sides entirely and account about 22.56% of the sales while foreign investors dominated the sales side by 77.44% led to the net foreign outflow of TZS 216 million.

Market Capitalization:

Both The total and domestic market capitalization decreased by 0.122% and 0.035% to TZS 17,887.34 billion and TZS 12,171.64 billion respectively. This trend was driven by price fall of TCCL, NICO, MBP, EABL and JHL.

Gainer & Losers:

TCCL, NICO and MBP are stock losers after price fall by 2.08%, 2.90%, and 6.06% to TZS 1,880, TZS 670 and TZS 310. there was no stock gainer recorded in the market

Fixed Income Market:

The fixed-income market observed bond trading with a face value totaling TZS 48.1830 billion. The total transactional value for these bonds amounted to TZS 51.7735 billion, encompassing 26 deals. The traded bonds include 15-, 20- and 25- year government bonds and NMB corporate bonds.
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