Dar exchange registers marginal slide

The Dar es Salaam Stock Exchange (DSE) weekly turnover was slightly down to 6.7bn/- compared to 6.9bn/- of the previous session.

The period also saw the activity levels declining to 1,048,649 shares traded from 1,302,116 shares in the previous market.

According to the weekly market report by the Tanzania Securities Limited (TSL), the DSE All Share Index appreciated by 3.6 per cent to close the last trading session at 2,493.29 points.

The Tanzania Share Index (TSI) dropped by 0.45 per cent to settle at 4,526.61 points pushed up by gain on CRDB, DCB, TCC and Twiga counters.

The Banking segment Index weakened to settle at 3,515.67 points, 0.04 per cent down from the previous week’s 3,516.97 points.

The Industrial and Allied Index also went down to 5,775.88 points from last week’s 5,822.31 points or 0.80 per cent down.

During the week, the banking segment was more active compared to the Industrial and Allied segment this week. The segment contributed 7 per cent of the total turnover and 54 per cent of the market activity.

CRDB counter was the most active counter in the segment after transacting 492,555 shares to close the week down at 435 per share.

NMB followed with 65,092 shares that changed hands, closing the week up at 3,490/- per share. The Industrial and Allied segment was more liquid compared to Banking Segment this week.

TBL was the most active counter on this segment with 378,561 shares traded closing the week at 13,000/- per share.

TCC followed with 5,980 shares transacted closing the week at prices of 16,500/- per share while Swissport closed at 5,000/-, trading a total of 2,027 shares. Twiga closed the week with 4,000/- per share and moved 1,620 shares.
Source: Daily News, reported from Dar es Salaam, Tanzania
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