• About Us
  • Contact
Thursday, March 23, 2023
No Result
View All Result
NEWSLETTER
The Business Wiz
  • Home
  • Featured News
  • Economic
    • Currency
  • Investment
  • Markets
    • Stock Market
  • Sectors
    • Agriculture
    • Commodities
      • Markets
    • Construction
    • Energy
    • Financial Services
    • Information Technology
    • Infrastructure
    • Manufacturing
    • Markets
    • Mining
    • Real estate
    • Telecomunication
    • Tourism
    • Transportation
  • Home
  • Featured News
  • Economic
    • Currency
  • Investment
  • Markets
    • Stock Market
  • Sectors
    • Agriculture
    • Commodities
      • Markets
    • Construction
    • Energy
    • Financial Services
    • Information Technology
    • Infrastructure
    • Manufacturing
    • Markets
    • Mining
    • Real estate
    • Telecomunication
    • Tourism
    • Transportation
No Result
View All Result
The Business Wiz
No Result
View All Result
Home Markets

Dar equity market down 22 pct during first week of 2023

by Editor
09/01/2023
in Markets
0
Dar equity market down 22 pct during first week of 2023
Share on FacebookShare on Twitter

The Dar es Salaam Stock Exchange (DSE) registered a 22.2 per cent decrease in turnover during the first week of the trading session this year after posting a 2.64bn/- turnover as compared to 3.4bn/- posted the previous week.

According to data from the DSE, the top trading counters during the week were CRDB, TPCC/Twiga Cement and NMB that dominated the overall market turnover figure by 52.61 per cent, 33.1 per cent and 13.6 per cent respectively.

Price movement was recorded on four domestic counters during the week with NMB being the sole gainer for the week registering a week on week price appreciation of 5.3 per cent to close at 3,180/- per share.

Stock brokers. he Dar es Salaam Stock Exchange (DSE) registered a 22.2 per cent decrease in turnover during the first week of the trading session this year after posting a 2.64bn/- turnover as compared to 3.4bn/- posted the previous week. PHOTO COURTESY.

Alternatively on the loser’s side TICL endured a sell off dropping by 3.23 per cent to close off at 150/- per share while TPCC lost 2.7 per cent of its value closing off the week at 3,600/- per share.

NICO on the other hand slightly dropped to 320 per share equivalent to 1.54 per cent loss in value.

Data however shows that Total market capitalization went up by 1.15 per cent to 15.86bn/ while the  Domestic market capitalization went up by 0.6 per cent closing at 10.34bn/-

The Tanzania share index (TSI) closed at 3,912.01 points increasing by 0.6% per cent while the All Share Index (DSEI) closed at 1,903.58 points increasing by 1.15 per cent.

Tags: #LatestBusinessNews#LatestTanzaniaBusinessNews#LatestTBWNews#TanzaniaBusinessNews
Editor

Editor

Next Post
African fintech market poised to reach $150 billion by 2025

African fintech market poised to reach $150 billion by 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Exchange Rate

Exchange Rate USD: Thu, 23 Mar.

Recommended

Africa’s renewable energy resources offer huge investment opportunities for Japanese business – AfDB President

Africa’s renewable energy resources offer huge investment opportunities for Japanese business – AfDB President

7 months ago
X-ray cargo scanners worth 6.2bn/- set to Improve efficiency and revenue collection at Tunduma border

X-ray cargo scanners worth 6.2bn/- set to Improve efficiency and revenue collection at Tunduma border

4 months ago

Popular News

    News

    Get latest news from us.


    SUBSCRIBE

    Category

    • Agriculture
    • Aviation
    • Banking
    • Commodities
    • Construction
    • CSR
    • Currency
    • Economic
    • Energy
    • Featured News
    • Financial Services
    • Information Technology
    • Infrastructure
    • Investment
    • Jobs
    • Manufacturing
    • Markets
    • Mining
    • Others
    • Q&A Interviews
    • Real estate
    • Telecomunication
    • Tourism
    • Transportation

    About us

    The Business Wiz (TBW) is Tanzania’s premier one-stop online platform providing in-depth, accurate and timely business news, analysis, commentary and online business information portals and research.

    • About Us
    • Contact

    © 2022 The Business Wiz

    No Result
    View All Result
    • Home
    • Featured News
    • Economic
      • Currency
    • Investment
    • Markets
      • Stock Market
    • Sectors
      • Agriculture
      • Commodities
        • Markets
      • Construction
      • Energy
      • Financial Services
      • Information Technology
      • Infrastructure
      • Manufacturing
      • Markets
      • Mining
      • Real estate
      • Telecomunication
      • Tourism
      • Transportation

    © 2022 The Business Wiz

    en English
    ar Arabiczh-CN Chinese (Simplified)en Englishfr Frenchde Germanit Italianru Russianes Spanishsw Swahili