CRDB share price hits new low

CRDB bank share price on Thursday hit a new low level since this year started after dropping by 2.34 per cent to close the trading at 125/- a piece.

The  bank share price slumping pushed all Indices south with Dar es Salaam Stock Exchange (DSEI) closing at 1,322.58 points a drop of 0.61 points while  Tanzania Share Index (TSI) closed at  1,222.08 points a drop of 2.59 points.

Nevertheless, the bourse recorded an improvement of 89.10m/- from 261,023 shares in comparison to the previous session which recorded a turnover of 7.33m/- from 16,669 shares.

NMB was the top trader with 30.45m/- which is 34.1 per cent of the total turnover, followed by CRDB with 27.03m/- which was 30.3per cent of the total turnover and TCC with 16.9m/- represented 19 per cent of the total turnover.

Other counters that recorded activity today were Simba 9.9m/- and Twiga 4.6m/-. Foreign investors’ participation was not active in today’s session.
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