The total market turnover increased by 8.19%, reaching to TZS 8.19 billion compared to the previous session’s figure of TZS 3.55 billion driven by surge in the market activities.
CRDB is the weekly top mover of the market, contributing about 64.22% of the total market turnover. Other top movers are NMB, NICO, TPCC, AFRIPRISE and DCB.
Local investors dominated the purchase and sale sides by 99.88% and 54.22% respectively. Foreign investor participated on the sales and buy side by 45.78% and 0.12% respectively, this trend leading to net foreign outflow of TZS 3.74 billion equivalent to USD 1.53 million.
The total market capitalization experienced a slightly rise of 0.82% reaching at TZS 18,097.51 billion While domestic market capitalization has declined by 0.24% to TZS 12,215.56 billion influenced by price fall of CRDB, AFRIPRISE and SWIS.
DCB and DSE are the weekly gainers, their price rise 37% and 0.85% reaching TZS 140 and TZS 2,380 respectively. CRDB, AFRIPRISE and SWISS are the Weekly losers which faced a capital loss of 1.49%, 2.27% and 9.09%, their price settled at TZS 660, TZS 215 and TZS 1,000.
The fixed-income market observed bond trading with a face value totaling TZS 6.2085 billion. The total transactional value for these bonds amounted to TZS 6.3282 billion, encompassing 38 deals. The traded bonds include 10-, 20- and 25- year government bonds.
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