Weekly Market Report

Weekly Market Turnover:

The total market turnover for the week decreased by 63.24%, reached at TZS 4.81 billion compared to the previous week's figure of TZS 13.09 billion.

Weekly Top Movers:

TBL was the top mover of the market on the week under review, contributing about 59.88% of the total market turnover. Other top movers were CRDB, TPCC, NMB, DSE and NICO.

Weekly Market Participation:

Local investors dominated the purchase side by 97.86% and sales side by 48.48%. While foreign investors dominated the sales side by 51.52% and purchase side by 2.14%, leading to net foreign cash outflow of TZS 2.38 billion.

Market Capitalization:

Total market capitalization exhibits a decrease of 0.77% equivalent to TZS 19,062.30 billion. On the other side, Domestic market capitalization experienced a slight increase by 0.10% equivalent to TZS 12,983.30 billion.

Weekyl Gainer & Losers:

AFRIPRISE and TPCC were the stock gainers, their prices increased by 4.35% and 1.99% to TZS 235 and TZS 4023 respectively. While NICO, DCB and MKCB were the stock losers in the market, their prices decreased by 1.39%, 4.00% and 6.90% to TZS 710, TZS 120 and TZS 540 respectively.

Fixed Income Market:

The fixed-income market observed bond trading with a face value totaling TZS 144.8733 billion. The total turnover value for these bonds amounted to TZS 139.5276 billion, encompassing 150 deals. The traded bonds included were 15-, 20- and 25-year government bonds, AZA, CRDB, SAM and NMB Corporate bonds.
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