Weekly Market Report

Weekly Market Turnover:

The total market turnover for the week decreased by 29.33%, reached at TZS 6.09 billion compared to the previous week's figure of TZS 8.61 billion.

Weekly Top Movers:

TBL was the top mover of the market on the week under review, contributing about 55.83% of the total market turnover. Other top movers were CRDB, NMB, TPCC, VODA and NICO.

Weekly Market Participation:

Local investors dominated both the purchase and sales side by 96.17% and 83.23% respectively. While foreign investors sales side was 16.77% and purchase side was 3.83%, leading to the decrease of the net foreign cash outflow of TZS 787.58 million.

Market Capitalization:

Total market capitalization exhibits a decrease of 0.72% equivalent to TZS 19,227.00 billion. On the other side, Domestic market capitalization experienced a slight decrease by 0.07% equivalent to TZS 12,808.54 billion.

Weekyl Gainer & Losers:

DSE was the stock gainer, its price increased by 0.86% to TZS 2340. While Tanga Cement Plc and NICO were the stock losers in the market, their prices decreased by 2.06% and 14.86% to TZS 1900 and TZS 630 respectively.

Fixed Income Market:

The fixed-income market observed bond trading with a face value totaling TZS 83.7320 billion. The total turnover value for these bonds amounted to TZS 83.2401 billion, encompassing 81 deals. The traded bonds included were 7-, 10-, 20- and 25-year government bonds and NMB and CRDB and KCB Corporate bonds.
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