Daily Market Report

Market Turnover:

The total market turnover decreased by 58.6%, reached at TZS 891.39 million compared to the previous session’s figure of TZS 2.15 billion.

Top Movers:

CRDB was the top mover of the market on the day under review, contributing about 41.71% of the total market turnover. Other top movers were DCB, VODA, AFRIPRISE and NMB.

Market Participation:

Local Investors dominated both the purchase and sales side by 100.00% and 64.26% respectively. While foreign investors sales side was 35.74%, leading to net foreign cash outflow of TZS 318.58 million.

Market Capitalization:

Total market capitalization exhibits a slight decrease of 0.226% equivalent to TZS 18,903.75 billion. On the other side, Domestic market capitalization experienced a slight decrease of 0.003% equivalent to TZS 12,984.58 billion. This is driven by NICO, AFRIPRISE and MBP.

Gainer & Losers:

NICO was the only stock gainer in the market, its price increased by 1.41% to TZS 720. While AFRIPRISE and MBP were the stock losers in the market, their prices decreased by 2.08% and 2.53% to TZS 235 and TZS 385 respectively.

Fixed Income Market:

The fixed-income market observed bond trading with a face value totalling TZS 4.0040 billion. The total transactional value for these bonds amounted to TZS 4.1287 billion, encompassing 22 deals. The traded bonds included were 15-, 20- and 25-year government bonds and CRDB Corporate bonds.

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