Weekly Market Report

Weekly Market Turnover:

The total market turnover for the week increased by 24.86%, reached at TZS 8.66 billion compared to the previous week's figure of TZS 6.94 billion.

Weekly Top Movers:

VODA was the top mover of the market on the week under review, contributing about 46.30% of the total market turnover. Other top movers were CRDB, NMB, TCC, NICO and DSE.

Weekly Market Participation:

Local investors dominated the purchase side by 55.03% and the sales side by 30.93%. While foreign investors dominated the sales side by 69.07% and purchase side by 44.97%, leading to the decrease of the net foreign cash outflow of TZS 2.09 billion.

Market Capitalization:

Total market capitalization exhibits a decrease of 0.34% equivalent to TZS 18,907.38 billion. On the other side, Domestic market capitalization experienced a slight decrease by 0.02% equivalent to TZS 12,602.18 billion.

Weekyl Gainer & Losers:

TPCC, Maendeleo Bank and CRDB were the stock gainers, their prices increased by 3.72%, 3.23% and 1.41% to TZS 3900, TZS 320 and TZS 720 respectively. While DSE, NMB, DCB and NICO were the stock losers in the market, their prices decreased by 0.85%, 1.72%, 3.70% and 6.45% to TZS 2320, TZS 5700, TZS 130 and TZS 580 respectively.

Fixed Income Market:

The fixed-income market observed bond trading with a face value totaling TZS 51.0424 billion. The total turnover value for these bonds amounted to TZS 53.3928 billion, encompassing 80 deals. The traded bonds included were 10-, 15-, 20- and 25-year government bonds and NMB and KCB Corporate bonds.
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