The Dar es Salaam Stock Exchange (DSE) witnessed mixed sentiments during the trading session last week, as both total and domestic market capitalization showed an increase, while trading activities experienced a decline.
According to available data from DSE, in terms of market capitalization, there was a 0.17% increase in the total market capitalization, reaching a total of 15.011bn/- while domestic market capitalization experienced a slight gain of 0.41%, reaching 10.89bn/-
The All Share Index (DSEI) closed at 1,800.22 points increasing by 0.17% while Tanzania Share Index (TSI) closed at 4,119.46 points.
The total value of trades dropped to 596.3m/- indicating a significant 68.35% decrease compared 1.88bn/- posted the previous week.
Notable stocks that stood out in terms of trading value during the week were CRDB, NMB, and NICOL, accounting for 57.45%, 24.94%, and 6.69% of the total market turnover, respectively.
Among domestic stocks, four registered price gains, with NMB leading the way with an impressive 4.05% surge, closing at 3600/- per share, attributed to the release of impressive Q2earnings reports the previous week.
DCB also saw a 3.57%increase, ending the week at 145/- per share while TCCL/Tanga recorded a 2.22% increase, ending the week at 1840/- per share.
TOL experienced a 1.61% increase, closing the week at 630/- per share.
On the downside, four domestic counters incurred losses in value with MKCB experienced the most substantial drop of 8.97%, closing the week at 710/- per share.
TICL fell by 3.23%, reaching 150/- per share while CRDB closed the week at 465 per share, experiencing a loss of 2.11%
NICO closed the week at 485/- per share, dropping by 2.02%.
English
Arabic
Chinese (Simplified)
French
German
Italian
Russian
Spanish
Swahili