• About Us
  • Contact
Thursday, June 19, 2025
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 continues bullish run, posts 4.9bn/- turnover

by Editor
29/05/2023
in Markets
0
Dar equity market continues bullish run, posts 4.9bn/- turnover
Share on FacebookShare on Twitter

Market activities on the Dar es Salaam Stock Exchange (DSE) demonstrated a consistent upward trend for the third consecutive week during last week’s trading session posting a total turnover of 4.9bn/- marking a notable increase of 23.6% compared to the previous week.

The overall market exhibited a bullish sentiment, resulting in growth in both the total market capitalization and the domestic market capitalization.

According to available data from the DSE, the total market capitalization rose by 0.12% to 15.16bn/ while the domestic market capitalization increased by 0.01%, reaching 10.93bn/- by the end of the week.

The All Share Index (DSEI) closed at 1,819.11 points increasing by 0.12% while the Tanzania Share Index (TSI) closed at 4,133.41 points increasing by 0.01%

Brokers at the Dar es Salaam Stock Exchange (DSE). Market activities on the Dar es Salaam Stock Exchange (DSE) demonstrated a consistent upward trend for the third consecutive week during last week’s trading session posting a total turnover of 4.9bn/-. PHOTO | COURTESY

The top trading counters for the week were TBL, TPCC, and CRDB, dominating the market with 96.61%, 1.49%, and 0.76% of the total market turnover, respectively.

Notably, a pre-arranged deal involving 790,000 TBL shares was executed at an average price of 6,000/- per share, significantly contributing to the overall turnover for the week.

During the week, two counters experienced price gains with self-listed DSE leading the gainers pack with a notable increase of 5.56%, closing at 1,900/- per share.

TPCC/TWIGA also observed a gain of 0.49% per share, finishing the week at 4,120 /-per share.

On the losing side, SWISS witnessed a decline of 8.54% in share price, primarily occurring the day after its AGM closing the week at 1,500/- per share.

Tags: #LatestBusinessNews#LatestTanzaniaBusinessNews#LatestTBWNews#TanzaniaBusinessNews
Editor

Editor

Next Post
EACOP project to be completed as planned – Deputy Energy Minister

EACOP project to be completed as planned - Deputy Energy Minister

Leave a Reply Cancel reply

Your email address will not be published.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

Exchange Rate

Exchange Rate USD: Thu, 19 Jun.

Recommended

Importers of wine, shoes and tiles to pay more as new EAC directive comes into force

Importers of wine, shoes and tiles to pay more as new EAC directive comes into force

3 years ago
NMB Bank, Zanzibar agency ink MoU to boost maintenance of Forodhani Park

NMB Bank, Zanzibar agency ink MoU to boost maintenance of Forodhani Park

2 years 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
    • Oil and Gas
    • Others
    • Q&A Interviews
    • Real estate
    • Sectors
    • 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