Core Securities Launches Its Tanzania Weekly Market Report

Core Securities, one of the seven brokerage firms licensed by the Tanzania Capital Markets and Securities Authority (CMSA), launched today its first Weekly Market Report.

The Report covers trading results on the Dar es Salaam Stock Exchange (DSE), money market numbers from the Bank of Tanzania, cost data from the National Bureau of Statistics, and sundry data from other objective sources on matters that impact on the national and regional economy.

The Report and the following weekly updates, will be available on the company website http://coresecurities.co.tz .

The first Report is made available by TanzanaInvest.com following a new partnership with Core Securities: http://tanzaniainvest.com/downloads/DSE-Weekly-Market-Report-1-2.pdf

The brokerage firm will also publish its Company Update Notes, published at unpredictable intervals. These are intended to capture any price sensitive information that becomes publicly available or arises from the research efforts of Core’s analysts.

Core also initiated its Company Research Report output with the Tanzania Gases Limited (DSE: TOL) Research Report that came out at the end of 2012: http://tanzaniainvest.com/downloads/TOL-Research-December-2012.pdf

These researches look at the company in question in the context its industry and all macro-economic factors that impact on the sector, ending with a firm recommendation by Core’s Analyst.

The brokerage firm intends to come up with one Company Research Report on a quarterly basis, beginning with the cement industry in March 2013 and the banks in June 2013.