Market activities at the Dar es Salaam Stock Exchange (DSE) registered a 48.5% decreased in turnover posting 675.2m/- as compared to 1.3bn/-recorded the previous week.
DSE data shows that a number of stocks however experienced price gains during five-day trading session leading to the overall increase in market capitalization by 2.15% to 15.77bn/- while Domestic market capitalization went up by 1.13% closing at 10.84bn/-
The All Share Index (DSEI) closed at 1,892.98 points increasing by 2.15% while the Tanzania Share Index (TSI) closed at 4,102.15 points increasing by 1.13%.
According to the Zan Securities weekly wrap-up, the top three trading counters were CRDB, NMB, and TCCL, which dominated the market with 53.32%, 21.7%, and 11.75% of the overall market turnover, respectively.
Four domestic counters registered price gains within the week with SWISS leading the gainers list with a 12.7% increase to close at 1,420/- per share while TCCL/Simba also saw a price increase of 6.68% closing the week at 1,260/- per share.
CRDB continued its bullish rally registering an increase of 3.3% closing the week at 470/- per share while TPCC surged upwards by 3.06% to close off at 4,040/- per share.