Tanzania Weekly Market Report 10 to 14 February, 2014

According to the Weekly Market Report of the trading week ending on 14th February, 2014 issued by CORE Securities, a leading Tanzanian licensed stockbroker, the Dar Es Salaam Stock Exchange total turnover in the market decreased by -61% to 363.15 million from 939.91 million the previous week. 

Both local and foreign investors participated in the market. Foreign Investors participated by 21.85% while Local Investors by 78.15%.

On Friday 14 February 2014 the DSEI (ASI) closed at 1,938.39 (+3.04%), TSI Closed at 2,891.14 (-0.19%), IA closed at 3,446.45 (-0.300%) and BI Closed at 2,592.57 (0.00%) points.

Most of activities were seen on TBL, NMB, & CRDB counters.

Government Securities

Last Treasury Bills auction was done on 12th February 2014 with a total of 46 successful bids for a value of 241,435.10 million.

Government Bonds

A seven year T-bond worth 2.25 and a ten year T-bond worth 5.1 billion were recorded in secondary market.

Unit Trust of Tanzania

Both Net Asset Value schemes (NAV) and fund size were flat edging up in comparison to last week activities.

Gold

On Friday 14th February 2014 Closing Spot gold Price was up by +5.05% to 2.143 million per ounce (1 ounce = 31.10 grams).

Forex

On the week close Friday 14th February 1USD=TZS1,617.63.

Inflation

The annual headline inflation rate for the month of January 2014 increased to 6.0% from 5.6% in the previous month (Decembre 2013).

The full copy of CORE Securities Market Report is made available by TanzanaInvest.com:

http://tanzaniainvest.com/downloads/Tanzania-Weekly-Market-Report-10-14-Feb-2014.pdf