Daily Market Report

Market Turnover:

The total market turnover increased by 339%, reaching to TZS 2.37 million compared to the previous session’s figure of TZS 538.96 million. Driven by increase in market activities specifically on DSE counter. There was pre-arranged block trade transaction on the DSE counter involving 812,396 shares traded at TZS 2,420 per share.

Top Movers:

DSE was the top mover of the market on the day under review, contributing about 83% of the total market turnover. Other top movers were CRDB, NICO, NMB and AFRIPRISE.

Market Participation:

Local investors dominated both the purchase and sales side by 100% and 88.881% respectively. Foreign investor participated on the sales side by 11.12% , leading to the net foreign outflow of TZS 263.23 million.

Market Capitalization:

Total market capitalization has declined slightly by 0.135% to TZS 17,844.03 billion driven by the price fall of EABL and JHL which are cross-listed. on the other hand Domestic market capitalization has been increased by 0.006% to TZS 12,244.10 billion driven by price appreciation of AFRIPRISE.

Gainer & Losers:

AFRIPRISE is the only stock gainer driven by price increase of 2.23% to TZS 220. There was no stock loser recorded today.

Fixed Income Market:

The fixed-income market observed bond trading with a face value totaling TZS 1.3470 billion. The total transactional value for these bonds amounted to TZS 1.3608 billion, encompassing 15 deals. The traded bonds include 15-, 20- and 25- year government bonds.

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