Trading steeply up at Dar stock exchange

Posted on : Wednesday , 2nd September 2015

The Dar es Salaam Stock Exchange (DSE) experienced high traffic from both local and foreign investors resulting into a turnover of 29.89bn/- compared to 1.74bn/- of the previous week.

According to Zan Securities Limited Weekly Wrap Ups, Tanzania Breweries Ltd (TBL) and CRDB Bank Plc emerged as the week’s top traded equities contributing about 84.20 percent and 11.14 percent, of this week’s total turnover.

Swissport (SWISS) emerged as the top gainer dominating the price movement within local listed companies ending the week.

SWISS experienced a 210 or 2.88 percent increase per share, closing at 7,510 per share. For cross-listed companies, share prices remained constant yielding no top gainers.

Total market capitalisation experienced downward trend by 3.65 percent compared to the previous period after closing at 21.7tfri/- billion.

Domestic market capitalization experienced an increase by 0.44 percent closing at 9.78tri/-. Comparatively, key benchmark indices were in both the green and red territory to close off this week.

The Tanzania Share Index (TSI) capped at 4,616.52 points, higher by 0.45 percent compared with 4,595.96 points posted in the previous period.

The All Share Index (DSEI) closed at 2,484,21 points, lower by 3.70 percent compared 2,579.71 points of the week before. Three sector indices closed off this week in the green territory.

Industrial and Allied experienced an increase, closing at 6,246.88 points up by 0.09 percent compared to previous week closing at 6,241.09 points.

Banks, Finance and Investment Index experienced an increase by 1.28 percent to close at 2,973.79 points compared to 2,936.34 points.

Commercial Services Sector experienced an increase by 2.24 percent to close at 4,020.23 points compared to last weeks closing at 3,932.33 points.

Source : IN 2 EAST AFRICA

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