Daily Market Report

Market Turnover:

Total market turnover surged to TZS 5.51 billion (up 40.3%), led by CRDB with TZS 5.29 billion, followed by NMB (TZS 171.6 million) and NICO (TZS 13.5 million).

Top Movers:

CRDB: TZS 5.29 billion (4,347,284 shares), NMB: TZS 171.6 million (22,830 shares), NICO: TZS 13.5 million (7,651 shares), AFRIPRISE: TZS 11.6 million (30,234 shares), DCB: TZS 5.7 million (37,657 shares).

Market Participation:

Purchases: 100% domestic. Sales: 24.84% domestic, 75.16% foreign.

Market Capitalization:

Overall market cap: TZS 21,448.87 billion, ↑ 19.55% YTD. Domestic market cap: TZS 14,127.55 billion, ↑ 14.43% YTD.

Gainer & Losers:

Top Gainers:Swissport Tanzania Plc: +7.78% to TZS 1,940, National Investment Company Ltd (NICO): +7.32% to TZS 1,760,CRDB Bank Plc: +3.42% to TZS 1,210, Tanzania Portland Cement Plc (TPCC): +3.33% to TZS 5,900, Vodacom Tanzania Plc: +1.82% to TZS 560. Top Losers: DCB Commercial Bank Plc: –6.25% to TZS 150, Precision Air Services Plc: –4.00% to TZS 240, Tanzania Breweries Ltd (TBL): –1.97% to TZS 8,950, AFRIPRISE: –1.28% to TZS 385.

Fixed Income Market:

Bond turnover reached TZS 29.18 billion (Face value: TZS 31.25 billion) across 22 deals. Traded instruments included corporate (NMB 9.5%, 3-year) and government bonds (7-, 15-,20- and 25-years) with average yields ranging from 13.06% to 20.02%.

Please do not hesitate to contact us, if you have any further inquiries or require additional details.
Stay connected with Global Alpha Capital.

Best Regards,
Research & Financial Analytics,
Tel: +255 762 367 347
Email: info@alphacapital.co.tz
Twitter:https://x.com/AlphacapitalTz?t=syMgdAEZeWzsqqPcanh5gQ&s=08
LinkedIn:https://www.linkedin.com/company/alpha-capitaltz/
WhatsApp Group:https://chat.whatsapp.com/E7W8BuWZj7eGqXghy

DOWNLOAD THIS REPORT