Banks dominates DSE trading, indices remain flat

Banks today dominated the Dar es Salaam Stock Exchange (DSE) trading with a combined turnover of 35.98m/-, but the indices remained flat.

National Microfinance Bank (NMB) was the top trader followed by CRDB Bank with turnovers of 19.55m/- and 16.43m/- respectively.

Tanzania Securities Business Analyst Joel Nkya says “turnover increased in today’s session in comparison to the previous one.”

 A total of 139,012 shares were traded yielding a turnover of 48.75m/-. Twiga recorded a turnover of 11.55m/- to lead the manufacturers sector. Other counters that recorded activities were TATEPA and Swissport.

However, Indices remained flat as prices at all counters in the market remained stable. DSEI closed at 1,297.97 points while TSI closed at 1,122.21points.

Source: tzexchange.blogspot.com

Share on Google Plus

About Unknown

This is a short description in the author block about the author. You edit it by entering text in the "Biographical Info" field in the user admin panel.