DSE Total Turnover Up by +6,546% on Week Ending 16th June 2023, TTCL Stock Price Up by +6.9%

The Dar es Salaam Stock Exchange (DSE) experienced an impressive week in terms of activity from Friday 9th June 2023 to Friday 16th June 2023.

Turnover and Volume

The total turnover experienced a significant increase from TZS 28.62 million to TZS 1,902.19 million, representing a massive growth of +6,546%.

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The total volume of shares traded also saw a dramatic increase from 40,965 to 451,092, reflecting a substantial growth of approximately +1,001%.

Market Capitalization

The Total Market Capitalization decreased by -0.30% from TZS 15,341.48 Billion to TZS 15,296.12 Billion. However, the Domestic Market Capitalization slightly increased by +0.30% from TZS 10,836.15 Billion to TZS 10,868.45 Billion.

Indexes

IndexClosing Value Friday 2nd June 2023Closing Value Friday 9th June 2023Variation
All Share Index (DSEI)1,841.911,839.75-0.12%
Tanzania Share Index (TS|)4,120.184,095.76-0.59%
Industrial & Allied (IA)5,121.605,102.60-0.37%
Banks, Finance & Investment (BI)4,001.353,949.15-1.30%
Commercial Services (CS)2,157.002,155.32-0.08%

Stock Performances

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CompanyClosing Price (TZS) 9th June 2023Closing Price (TZS) 16th June 2023Variation %
CRDB4454552.25%
DCB165150-9.09%
DSE1,8401,8400.00%
EABL2,7602,700-2.17%
JATU2652650.00%
JHL3,1603,140-0.63%
KA**80800.00%
KCB530520-1.89%
MBP.3603600.00%
MCB3203200.00%
MKCB7807800.00%
MUCOBA4004000.00%
NICO4204200.00%
NMB3,6403,6400.00%
NMG3353401.49%
PAL4004000.00%
SWALA4504500.00%
SWIS.1,5001,5000.00%
TBL10,90010,9000.00%
TCC17,00017,0000.00%
TCCL1,7201,8406.98%
TICL1501500.00%
TOL6506500.00%
TPCC4,0004,0000.00%
TTP1201200.00%
USL550.00%
VODA7707700.00%
YETU5105100.00%

      Winners:

      1. TCCL: The stock price increased from 1,720 TZS to 1,840 TZS, reflecting a variation of +6.98%.
      2. CRDB: The stock price increased from 445 TZS to 455 TZS, representing a variation of +2.25%.
      3. NMG: The stock price increased from 335 TZS to 340 TZS, indicating a variation of +1.49%.

      Losers:

      1. DCB: The stock price decreased from 165 TZS to 150 TZS, indicating a variation of -9.09%.
      2. EABL: The stock price decreased from 2,760 TZS to 2,700 TZS, representing a variation of -2.17%.
      3. KCB: The stock price decreased from 530 TZS to 520 TZS, reflecting a variation of -1.89%.
      4. JHL: The stock price decreased from 3,160 TZS to 3,140 TZS, indicating a variation of -0.63%.

      Bond Performances

      The transaction value of bonds traded increased by 404.88% from TZS 9.02 Billion on the 9th of June 2023 to TZS 45.54 Billion on the 16th of June.

      There was no activity in the Corporate Bonds segment.

      This market report is courtesy of CORE Securities, a leading brokerage and provider of investment advisory services in capital markets in Tanzania and the SADC Region. For assistance with trading on the Dar es Salaam Stock Exchange (DSE), call +255 754 303759 or write to ddario@coresecurities.co.tz.

            Want to know more about Capital Markets in Tanzania? Our upcoming Capital Markets Guide covers the Dar es Salaam Stock Exchange (DSE), listed companies, bonds, and private equity, plus the regulatory framework for investing in Tanzania’s capital markets.

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