Tanzania Weekly Market Report 11 – 15 Nov, 2013

According to the Weekly Market Report of the trading week ending on 15th November, 2013 issued by CORE Securities, a leading Tanzanian licensed stockbroker, the Dar Es Salaam Stock Exchange turnover in the market Increased by 727% to 11,771.52 million from 1,423 million the previous week. 

Both local and foreign investors participated in the market. Foreign Investors participated by 0.00% while Local Investors by 100% .

On Friday 8 November 2013 the DSEI (ASI) closed at 1,834.86 (+ 1.91%), TSI Closed at 2,558.30 ( +3.24%), IA closed at 2,923.12 (+4.68%), and  BI Closed at 2,451.13 (+1.11%) points Most of activities were seen on TBL, NMB, & CRDB  counters.

Government Securities

Last Treasury Bills auction was done on 6 November  2013 with a total of 97 successful bids for a value of 163,195.90 million.

Government Bonds

A Five year T-bond worth 6.32 billion was recorded in secondary market, no T-bond for 10, 7 and 2 years 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

Spot gold was down by -2.29% to 2.070 million per ounce (1 ounce = 31.10 grams).

Forex

On the week close Friday 8th November 1USD=TZS 1,604.97

Inflation

The annual headline inflation for the month of September 2013 decreased to 6.1% from  6.7% as of August 2013.

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

http://tanzaniainvest.com/downloads/Tanzania-Weekly-Market-Report-11-15-Nov-2013.pdf