Tanzania Weekly Market Report 2 – 6 Dec, 2013

According to the Weekly Market Report of the trading week ending on 6th November, 2013 issued by CORE Securities, a leading Tanzanian licensed stockbroker, the Dar Es Salaam Stock Exchange turnover in the market increased by +28 % to 1,864.98 million from 1,458.82 million.

Both local and foreign investors participated in the market. Foreign Investors participated by 29.61% while Local Investors by 70.39%.

On Friday 6 December 2013 the DSEI (ASI) closed at 1,863.34 (-3.97%), TSI Closed at
2,844.51 (-1.58%), IA closed at 3,432.63 (-1.89%) and BI Closed at 2,487.43 (-1.07%) points.

Most of activities were seen on TCC 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

On Friday 6 December 2013 Closing Spot gold Price was down by -5.23 % to 1.968 million per ounce (1 ounce = 31.10 grams).

Forex

On the week close Friday 6th December 1USD=TZS1,603.15.

Inflation

The annual headline inflation rate for the month of November 20123 decreased to 6.2% from 6.3% in the previous month (October 2013).

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

http://tanzaniainvest.com/downloads/Tanzania-Weekly-Market-Report-2-6-Dec-2013.pdf