According to Zan Securities Limited
Weekly Wrap-Ups, the top trading equities that dominated the market
share were the Tanzania Breweries Ltd (TBL) at 43.60 percent, DSE at
20.05 percent, TOL Gases Ltd (TOL), Swissport (SWISS) and CRDB Bank at
10.13 percent, 8.64 percent and 8.13 percent, respectively. Similarly,
top losers for this week was TBL depreciating by 0.43 percent, closing
this week at 13,750/- per share.
The National Microfinance Bank (NMB) led
the market as the highest gainer with price per share appreciating by
23.73 percent, closing the week at 2,150/- per share. Other entities
that also appreciated were DSE improving by 4.90 percent, closing at
1,070/ per share -followed by CRDB Bank appreciating by 3.45 percent,
closing at 300/- per share.
Total market capitalisation improved by
2.67 percent, to close at 23.54/- while Domestic market capitalisation
increased by 2.93 per cent closing this week at 8.18/-. Comparatively,
key benchmark indices were in the green territory to close off this
week.
The Tanzania Share Index (TSI) capped at
3,833.42 points, up by 2.97 compared to last week. The All Share Index
(DSEI) closed at 2,689.10 points, up by 2.65 percent compared with last
week.
Similarly, the three sector indices also
ended the week in the green and red territory with the Industrial &
Allied closing at 5,173.14 points down by 0.25 percent compared to
previous week closing at 5,186.35points. Banks, Finance and Investment
Index experienced an increase, closing at 2,465.50 points up by 14.80
percent compared last weeks 2,147.73 points.
Commercial Services Sector closed at
3,555.59 points, up by 0.12 per cent compared to last week’s 3,551.41
points. It is expected the equities performance to trend northwards on
both turnover and prices especially from industrial and allied sector
and Banks, Finance and Investment sectors because of anticipated
investors increase in enhancing portfolio positions.
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