DSE starts week with a wrong foot

DSE broker trading

Dar es Salaam Stock Exchange (DSE) indices drop sharply Monday after TBL and National Microfinance Bank (NMB) shares prices plunged  by  3.57 per cent and 1.10 per cent respectively.

DSE all index (DSEI) ended the day at 1,330.60 points a drop of 3.88 points while Tanzania Share Index (TSI) closed at 1,255.99 points with a drop of 16.42 points, highest drop in the last three weeks.

TBL share price decrease to 2,700/- from 2,800/- and NMB share also plunged to 900/- from 910/-

The bourse also started the week at low key after recording a minimal activity of 70.05m/- from 54,904 shares traded. The top trader today was TBL with 39.1m/- which is 55.8 per cent of the total turnover, followed by Twiga with 16.8m/- equals to  23.9 per cent of the total turnover.

Other active counters were NMB 7.8m/- or 11.19 per cent, CRDB 2.9m/-, Simba 1.9m/- DCB 896,000/-, and TOL 500,000/- of the total turnover. 

Source: tzexchange.blogspot.com

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