Daily Market Report

Market Turnover:

The total market turnover increased by 10.6%, reached at TZS 500.49 million compared to the previous session’s figure of TZS 452.40 million.

Top Movers:

CRDB was the top mover of the market on the day under review, contributing about 83.14% of the total market turnover. Other top movers were TPCC, NMB, DSE and NICO.

Market Participation:

Local Investors dominated both the purchase and sales side by 99.01% and 99.28% respectively, while foreign investors purchase and sales was 0.99% and 0.72% respectively. This leading to TZS 1.35 million as the net foreign cash outflow.

Market Capitalization:

Total market capitalization exhibits a slight increase of 0.868% equivalent to TZS 19,034.09 billion. On the other side, Domestic market capitalization experienced a slight decrease of 0.054% equivalent to TZS 12,974.04 billion. This is driven by AFRIPRISE, TPCC, NICO and MKCB.

Gainer & Losers:

AFRIPRISE was the only stock gainer in the market, its price increased by 4.26% to TZS 245. While TPCC, NICO and MKCB were the stock losers in the market, their prices decreased by 0.98%, 1.43% and 5.17% to TZS 4060, TZS 690 and TZS 550 respectively.

Fixed Income Market:

The fixed-income market observed bond trading with a face value totalling TZS 0.5450 billion. The total transactional value for these bonds amounted to TZS 0.5662 billion, encompassing 16 deals. The traded bonds included were 20- and 25-year government bonds and NMB Corporate bonds.

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