Daily Market Report

Market Turnover:

The total market turnover decreased by 41.8%, reached at TZS 907.37 million compared to the previous session’s figure of TZS 1.56 billion.

Top Movers:

TCC was the top mover of the market on the day under review, contributing about 38.57% of the total market turnover. Other top movers were CRDB, NICO, VODA and NMB.

Market Participation:

Local Investors dominated both the purchase and sales side by 100.00%, this leading to absence of the net foreign cash outflow.

Market Capitalization:

Total market capitalization exhibits a slight increase of 0.415% equivalent to TZS 19,243.82 billion. On the other side, Domestic market capitalization experienced a slight increase of 0.795% equivalent to TZS 13,242.13 billion. This is driven by CRDB.

Gainer & Losers:

CRDB was the only stock gainer in the market, its price increased by 4.88% to TZS 860.

Fixed Income Market:

The fixed-income market observed bond trading with a face value totalling TZS 1.2800 billion. The total transactional value for these bonds amounted to TZS 1.3158 billion, encompassing 8 deals. The traded bonds included were 20- and 25-year government bonds.

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