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DSE TURNOVER

08 Sep
DSE BANNER
THE Dar es Salaam Stock Exchange (DSE) experienced a significant decline in total
turnover last week, closing at 6.4bn/- with TBL and CRDB emerging as the most traded
equities.According to Zan Securities Limited, the weak performance of turnover was equivalent to
78 per cent fall compared to a total turnover of 29.89bn/- generated in the previous
session.

TBL and CRDB contributed to 72.34 per cent and 24.18 per cent, of the week’s total turnover. NMB emerged as the top gainer dominating the price movement within local listed companies experiencing 100/- or 3.57 per cent increase per share, closing at 2,900/- per
share.

For cross-listed companies, EABL emerged as the top gainer dominating the price
movement and it experienced a 100/- or 1.78 per cent increase per share, closing at 5,730/- per share.

Comparatively, key benchmark indices were in the green territory with the Tanzania Share Index (TSI) capped at 4,650.42 points, higher by 0.73 per cent compared with 4,616.52 points of the previous period.

The All Share Index (DSEI) closed at 2,498.01points, higher by 0.56 per cent compared with the other week to close at 2, 484, 21 points.

Three sector indices closed off the week in both the green and red territory with the Industrial and Allied experiencing an increase, closing at 6,267.25 points up by 0.33 percent compared to previous week at 6,246.88 points.

Banks, Finance and Investment Index experienced an increased by 2.10 per cent
to close at 3,036.34 points compared to the preceding week at 2,973.79 points.

Commercial Services Sector experienced a decrease by 0.10 per cent to close at
4,016.04 points compared to the last week at 4,020.23 points.

Total market capitalisation experienced upward trend by 0.56 per cent compared to last
week, closing at 21.88tri/- while domestic market capitalisation experienced an increase by
0.72 per cent closing the week at 9.85tri/-.

Low market performance is expected in the coming week as most of the investors are
indecisive amid the forthcoming general election thus viewing stock market weakness as a
buying opportunity.

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Posted by on September 8, 2015 in Business News, Tanzania News

 

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