DSE indices appreciate, thanks to manufacturing sector

The Dar es Salaam Stock Exchange (DSE) Indices on Monday edged upwards as Swissport and Twiga share prices rose by 4.30 per cent and 0.92 per cent respectively. 

DSE All Share Index (DSEI) gained 0.57 points to close at 1,319.85 points while Tanzania Share Index (TSI) surged by 2.40 points to close at 1,210.50; points. 

“Foreigners did not participate in (Monday) today’s trading session,” Tanzania Securities Business Analyst, Joel Nkya said in a report, adding “the bourse opened up the week by recording low level of activity”.

On Tuesday’s trading only five counters recorded activity, three of them being manufacturers. Manufacturers recorded a turnover of 17.88m/-(88.82 per cent) of total turnover. 

Simba Cement was the most active counter with a turnover of 10.52m/- followed by Twiga Cement (7.26m/-). Other counters that traded today were NMB (1.78m/-), TBL (0.10m/-) and Swissport (0.47m/-).

Source: tzxechange.blogspot.com

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