Dar bourse turnover down by 44 per cent

The top trading equities that dominated the market share in this week were Tanzania Breweries Ltd (TBL) at 33 percent, followed by Mwalimu Commercial Bank (MCB) at 20 percent and the self-listed Dar es Salaam Stock Exchange (DSE) at 18 percent.

Others in the list include Mkombozi Commercial Bank (MKCB) at 9percent, CRDB Bank PLC at 7 percent and Tanzania Cigarette Company (TCC) at 5 percent. None of the domestic equities value per share appreciated this week compared to last week.

Although, top loser for this week was DSE, depreciating in value by 5.66 percent, closing this week at 1,000/- per share. Total market capitalisation increased by 5.15 percent, closing this week at 19.95bn/-. D

omestic market capitalisation decreased by 0.02 percent to close at 7.10bn/- Comparatively, key benchmark indices were in the green and red territory close off this week. The Tanzania Share Index (TSI) capped at 3,380.83points, down by 0.02 percent.

The All Share Index (DSEI) closed at 2,293.66points, up by 5.15 percent compared to last week. Similarly, two out of the three sector indices remained constant as the preceding to close off this week.

Industrial & Allied Index and Commercial Services Sector Index remained constant, closing at 4,194.29 points and 3,137.02 points, respectively. Banks, Finance and Investment index closed at 2,642.12 down by 0.06 percent.

SOURCE: DAILY NEWS

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