The total market turnover increased by 0.8%, reached at TZS 1.12 billion compared to the previous session’s figure of TZS 1.12 billion.
TCC was the top mover of the market on the day under review, contributing about 37.5% of the total market turnover. Other top movers were CRDB, TPCC, VODA and AFRIPRISE.
Local Investors dominated both the purchase and sales side by 100.00%, this leading to absence of the net foreign cash outflow.
Total market capitalization exhibits a slight decrease of 0.254% equivalent to TZS 19,281.57 billion. On the other side, Domestic market capitalization experienced a slight decrease of 0.277% equivalent to TZS 13,292.00 billion. This is driven by AFRIPRISE, TPCC, MBP and CRDB.
AFRIPRISE, TPCC, MBP and CRDB were the stock gainers in the market, their prices increased by 1.92%, 1.62% and 1.27% to TZS 265, TZS 5020 and TZS 400. While CRDB was the only stock loser in the market, its price decreased by 2.33% to TZS 840.
The fixed-income market observed bond trading with a face value totalling TZS 1.4384 billion. The total transactional value for these bonds amounted to TZS 1.4699 billion, encompassing 18 deals. The traded bonds included were 10-, 15-, 20- and 25-year government bonds and CRDB Corporate Bond.
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