Market activities on the Dar es Salaam Stock Exchange (DSE) slumped by 54.4% during last week’s trading session recording a turnover of 680.5m/- albeit a number of domestic stocks experienced price gains leading to the overall increase in domestic market capitalization by 0.22%.
TCCL/Simba found its self on the losing side with its stock lost 15.25% of its value closing off at 1,000 per share during the trading session last week.
The top three trading counters, CRDB, NMB, and TCCL/Simba, that dominated the market with 71.21%, 10.57%, and 6.8% of the overall market turnover, respectively.
According to DSE data, three domestic counters registered price gains within the week, CRDB leading the gainers with a 2% increase to close at 510/- per share while SWISS registered a price increase of 1.23% closing the week at 1,640/- per share.
Self-listed DSE registered an increase of 1.15% closing the week at 1,760/- per share.
The MBP stock also fell by 7.59% reaching 365/- per share while the DCB stock lost 2.94% of its value closing off the week at 165/- per share/
Total market capitalization went down by 0.96% to 15.61bn/- while Domestic market capitalization went up by 0.22% closing at 10.88bn/-.
The All Share Index (DSEI) closed at 1,872.84 points decreasing by 1.02% while the Tanzania Share Index (TSI) closed at 4,112.43 points increasing by0.13%
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