Tanzania Tea Packers (TaTePa) stock
yesterday gained 3.64 per cent the highest surge in a single day since the
beginning of this year.
TaTePa, one of the biggest tea blenders
in the country, share price increased from 275/- to 285/- pushing upward the
Dar es Salaam Stock Exchange indices.
All share Index (DSEI) gained 0.69
points to close at 1,298.97 points while TSI gained 2.89 points to close at
1,122,21 points.
In the yesterday session a total of
23,353 shares were traded recording a turnover of 12.82m/-.
“Manufacturers continued to dominate
the market with a turnover accounting to 73.52 per cent,” Tanzania Securities
Business Analyst Joel Nkya said on the firm's daily report.
Chai Bora became part of the Trans
Century Group in 2008 when it was acquired from the TaTePa Group. Chai Bora was
started in 1994 as a subsidiary of TaTePa and fully incorporated in 2006 as an
independent corporate entity.
Chai Bora has a commanding presence
in Tanzania with its factory located in Mafinga, at the heart of tea growing in
Tanzania.
Source:tzexchange.blogspot.com
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