The Dar es Salaam bourse recorded outstanding performance last week with turnover rising to 2.43bn/-, which is 514.7 per cent high compared o 395m/- of the previous session.
The increased trading activity at the market was buoyed by the banking and industrial segments. The Tanzania Securities Limited (TSL) weekly market report shows that shares which changed hands at the bourse rose to 9,089,799 shares, equivalent to 478.5 per cent compared to 1,571,552 shares of the preceding period.
The week’s increase in turnover and volume was mainly supported by CRDB counter that accounted 66 per cent of the total turnover and 96 per cent of the volume.
Foreign investors participated significantly by 471m/-, a 19 per cent of the total week’s turnover.
The increased trading activity at the market was buoyed by the banking and industrial segments. The Tanzania Securities Limited (TSL) weekly market report shows that shares which changed hands at the bourse rose to 9,089,799 shares, equivalent to 478.5 per cent compared to 1,571,552 shares of the preceding period.
The week’s increase in turnover and volume was mainly supported by CRDB counter that accounted 66 per cent of the total turnover and 96 per cent of the volume.
Foreign investors participated significantly by 471m/-, a 19 per cent of the total week’s turnover.
The Dar es Salaam Stock Exchange All Shares Index (DSEI) ended the period 0.22 per cent higher at 1,539.95 points while Tanzania Share Index (TSI) closed the week at 1,660.15 points, a 0.87 per cent increase supported by gains made in the NMB, CRDB, TTP 9.09 and TCC counters.
The Banking Segment Index strengthened further to settle at 1,517.29 points from 1,483.44 points in the previous week, while the Industrial & Allied Index improved to 1,901.81 points from last week’s 1,898.63 points.
The Banking Segment Index strengthened further to settle at 1,517.29 points from 1,483.44 points in the previous week, while the Industrial & Allied Index improved to 1,901.81 points from last week’s 1,898.63 points.
CRDB counter recorded significant performance with the counter gained 2.82 per cent to end at 182/50 per share from 177/50 per share.
A total of 8,721,032 shares changed hands in the counter 488.53 per cent compared to last week where 1,481,831 shares were traded. The counter saw significant foreign investors support that accounted for 28 per cent of the counter’s turnover. The NMB closed the week with a price of 1,480/-.
During the week the counter transacted 68,442 shares 57.52 per cent higher than 43,450 shares of last week. Although volumes remained subdued, the count gains reflect local support buoyed by 2012 recently dividend announcement.
Twiga counter was the top mover this week with a turnover of 669.8m/- from 253,699 shares, higher from last week’s turnover of 26.1m/-n from 10,219 shares.
The counter remained flat during the week. TBL moved 5,004 shares at 3,020/- per share. Simba counter had 25,234 shares during the week transacted at 2,400/- per share compared to 5,350 shares traded last week at 2,420/- per share.
A total of 8,721,032 shares changed hands in the counter 488.53 per cent compared to last week where 1,481,831 shares were traded. The counter saw significant foreign investors support that accounted for 28 per cent of the counter’s turnover. The NMB closed the week with a price of 1,480/-.
During the week the counter transacted 68,442 shares 57.52 per cent higher than 43,450 shares of last week. Although volumes remained subdued, the count gains reflect local support buoyed by 2012 recently dividend announcement.
Twiga counter was the top mover this week with a turnover of 669.8m/- from 253,699 shares, higher from last week’s turnover of 26.1m/-n from 10,219 shares.
The counter remained flat during the week. TBL moved 5,004 shares at 3,020/- per share. Simba counter had 25,234 shares during the week transacted at 2,400/- per share compared to 5,350 shares traded last week at 2,420/- per share.
Source: The Daily News, reported from Dar es Salaam
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