Weekly Market Report

Weekly Market Turnover:

The total market turnover for the week decreased by 49.03%, reached at TZS 3.57 billion compared to the previous week's figure of TZS 7.3 billion.

Weekly Top Movers:

CRDB was the top mover of the market on the week under review, contributing about 94.4% of the total market turnover. Other top movers were TPCC, NMB, NICO, DSE and AFRIPRISE.

Weekly Market Participation:

Local investors dominated both the purchase and sales side by 99.75% and 89.83% respectively. While foreign investors sales side was 10.17% and purchase side by 0.25%, leading to net foreign cash outflow of TZS 353.99 million.

Market Capitalization:

Total market capitalization exhibits an increase of 0.10% equivalent to TZS 18,923.42 billion. On the other side, Domestic market capitalization experienced a slight decrease by 0.08% equivalent to TZS 12,974.04 billion.

Weekyl Gainer & Losers:

AFRIPRISE and Maendeleo Bank Plc were the stock gainers, their prices increased by 4.26% and 2.60% to TZS 245 and TZS 395 respectively. While TPCC, TCCL, NICO and MKCB were the stock losers in the market, their prices decreased by 0.98%, 2.22%, 4.17% and 5.17% to TZS 4060, TZS 1760, TZS 690 and TZS 550 respectively.

Fixed Income Market:

The fixed-income market observed bond trading with a face value totalling TZS 11.4671 billion. The total turnover value for these bonds amounted to TZS 11.8975 billion, encompassing 88 deals. The traded bonds included were 5-, 10-, 15-, 20- and 25-year government bonds, NMB, AZA and SAM Corporate bonds.
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