Tanzania Weekly Market Report 18 – 22 Nov, 2013

According to the Weekly Market Report of the trading week ending on 22nd November, 2013 issued by CORE Securities, a leading Tanzanian licensed stockbroker, the Dar Es Salaam Stock Exchange turnover in the market decreased by -52% to 5,620.48 million from 1,423 million the previous week. 

Both local and foreign investors participated in the market. Foreign Investors participated by 18.38% while Local Investors by 81.62%.

On Friday 22 November 2013 the DSEI (ASI) closed at 1,841.12 (+0.34% ), TSI closed at 2,603.20 (+1.76% ), IA closed at 3,017.29 (+3.22% ) and BI  Closed at 2,436.60 (-0.59%) points. Most of activities were seen on SWISSPORT, TBL, NMB, & CRDB counters.

Government Securities

Last Treasury Bills auction was done on 20 November  2013 with a total of 245 successful bids for a value of 187,595.00 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 -8.15% to 1.991 million per ounce (1 ounce = 31.10 grams).

Forex

On the week close Friday 8th November 1USD=TZS 1,605.91

Inflation

The annual headline inflation for the month of September 2013 increased to 6.3%  from 6.1% 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-18-22-Nov-2013.pdf