Daily Market Report

Market Turnover:

Total market turnover rose significantly to TZS 14.60 billion (+ 1770.8%), driven by heavy trading in Tanga Cement, TBL and CRDB.

Top Movers:

Tanga Cement Plc (TCCL): TZS 13.3 billion (5,852,926 shares), Tanzania Breweries Limited (TBL): TZS 743.3 million (101,543 shares), CRDB Bank Plc (CRDB): TZS 413 million (310,497 shares), AFRIPRISE: TZS 44.1 million (110,429 shares),National Investment Company Ltd (NICO): TZS 31.6 million (15,202 shares).

Market Participation:

Purchases: 8.90% domestic, 91.10% foreign. Sales: 82.63% domestic, 17.37% foreign.

Market Capitalization:

Overall market cap: TZS 21,741.56 billion, up 20.96% YTD. Domestic market cap: TZS 14,420.25 billion, up 16.48% YTD.

Gainer & Losers:

Top Gainers:National Investment Company Ltd (NICO): +12.97% to TZS 2,090, Swissport Tanzania Plc (SWIS): +11.17% to TZS 2,190, CRDB Bank Plc (CRDB): +4.72% to TZS 1,330, Maendeleo Bank Plc (MBP): +3.85% to TZS 675, Mwalimu Commercial Bank Plc (MCB): +3.77% to TZS 275, Vodacom Tanzania Plc (VODA): +2.65% to TZS 580. Top Losers: Precision Air Services Plc (PAL): –6.25% to TZS 225, Tanzania Breweries Limited (TBL): –1.94% to TZS 8,610, Tanzania Portland Cement Plc (TPCC): –1.36% to TZS 5,820.

Fixed Income Market:

Bond turnover totalled TZS 31.32 billion (Face value: TZS 31.13 billion) across 7 deals. Instruments traded: Government bonds with tenors of 7, 10, 15, and 25 years, yielding between 10.43% and 14.85%..

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