Tanzania Weekly Market Report 8th to11th July, 2014

According to the Weekly Market Report of the trading week ending on 11th July, 2014 issued by CORE Securities, named East Africa Best Advisory Brokerage by Capital Finance International, the Dar Es Salaam Stock Exchange total turnover in the market increased by +726% to TZS 8,087.42 million from TZS 979.05 million the previous week.

Foreign Investors participated by 0.00% while Local Investors by 100.00%. 

On Friday 11th July 2014 TSI Closed at 3,623.01 (+0.70%), IA closed at 4,153.85 (+0.71%) and BI Closed at 3,548.65 (+0.72%) points

Most of activities were seen on CRDB & NMB counters.

Gold 

On Friday 11th July 2014 Gold Closing Spot Price was up by +1.64% to TZS 71,555.57 from TZS 70,399.73 per gram the previous week.

Forex

On Friday 4th July 1USD=TZS 1,656.89 (BOT mean rate), representing an depreciation for the tanzanian shilling of +0.132% compared to the previosu week (1,654.71).

Inflation

The annual headline inflation rate for the month of June 2014 decreased to 6.4 % from 6.5% in May 2014.

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

http://tanzaniainvest.com/downloads/Tanzania-Weekly-Market-Report-8-11-JUL-2014.pdf