The total market turnover decreased by 73.26%, reaching to TZS 2.19 billion compared to the previous session’s figure of TZS 8.19 billion driven by dropped in the market activities.
CRDB is the weekly top mover of the market, contributing about 87.21% of the total market turnover. Other top movers are NMB, NICO, TPCC, DSE and AFRIPRISE.
Local investors dominated the purchase side entirely and the participated by 32.62% on the sale side, while foreign investors dominated the sales side by 67.38% of the total sales in the market, leading to net foreign outflow of TZS 1.48 billion equivalent to USD 590.28 thousands.
Both the total and domestic market capitalization experienced a slightly rise of 0.26% and 0.24% reaching at TZS 18,143.69 billion and TZS 12,244.88 billion respectively. This was influenced by price rise of TPCC, AFRIPRISE, NICO, EABL and JHL.
TPCC, AFRIPRISE and NICO are the weekly gainers, their price rise 4.44%, 2.33% and 1.54% reaching TZS 3,760, TZS 220 and TZS 660 respectively. DCB is the Weekly loser which faced a capital loss of 3.57%, its price settled at TZS 135.
The fixed-income market observed bond trading with a face value totaling TZS 24.7509 billion. The total transactional value for these bonds amounted to TZS 25.0276 billion, encompassing 58 deals. The traded bonds include 10-, 15-, 20- and 25- year government bonds and CRDB, NMB and NBC corporate bonds.
Stay connected with Global Alpha Capital.
Best Regards,
Research & Financial Analytics,
Tel: +255 762 367 347
Mob: +255 763 631 999
Email: research@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