DSE indices drop slightly

Dar es Salaam Stock Exchange indices lost some grounds on Tuesday.

DSE all share index (DSEI) closed at 0.66 points lower to settle at 1,440.67 points while Tanzania Share Index (TSI) lost 2.81 points to end the day at 1,218.95.

Equity market turnover recorded a significant drop of 309 per cent to 28.9m/- from 118m/- posted on Monday.  

Similarly, activity level decreased as shares traded knocked down by 167 per cent to 18,986shares from 50,824shares transacted yesterday. Foreign participation was on the purchase of 8,099shares on NMB bank counter.

As expected, NMB counter saw a strongly support by foreign investors that purchased 8,099 shares among 8,292 shares transacted in today’s session at a price range of between 930/- and 940/-.

The counter generated total turnover of 7.8m/-. CRDB traded 1,499shares at 122/50 which recorded turnover amounting to 0.18m/-.

TPCC 626shares exchanged hands at 2,420/- per shares. TBL recorded a turnover of 9.4m- on a volume of 3,770shares transacted at a price range of 2,460,2,480 and 2,500/- per shares; 3,700 SIMBA shares were traded at 2, 380/- per share. The counter generated a turnover of 8.8m/-

Source: Tanzania Securities Limited, www.tanzaniasecurities.co.tz

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