ONOMO Hotel Dar es Salaam

Tanzania Weekly Market Report: 29th Apr to 3rd May 2013

According to the Weekly Market Report of the trading week ended on 3rd May 2013 issued by CORE Securities, a leading Tanzanian licensed stockbroker, the Dar Es Salaam Stock Exchange (DSE) total turnover decreased by -68% to 989.7 Million (USD 608,863) from 3,075.81 Million (USD 1.903 Million).

Both local and foreign investors participated in the market. Foreign Investors participated by 52.49% while Local Investors by 47.51%
The Market Commentary shows the DSEI (ASI) and TSI were flat edging UP by +0.12% and +0.46% to 1,535.66 and 1,642.01 respectively, compared by 1,533.88 and 1,634.49 of last week.

Most of activities were seen on NMB, CRDB and SIMBA counters.

TanzaniaInvest Whatsapp Channel

Government Securities

No T-Bills action recorded during the week, the auction on these securities was done on 24th April2013,

Government Bonds

A five and ten year T-bond worth 3.5 billion was recorded in secondary market, no T-bond of 2 and 7 years was 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.


Spot gold was down to -5.92% to 2.411 Million (USD 1,483.25) per ounce (1 ounce = 31.10 grams) on Friday 3rd May.


Moving on to the Exchange Rate section, in comparison to previous week average, the Tanzanian shilling lost ground against the, USD, GBP, EUR ZAR and KES, while gained on USH.


The annual headline inflation for the month of March decreased to 9.8% from 10.4% as from February 2013, However inflation will decrease to a single digit in three month to come (IMF report).

RELATED:  Dar es Salaam Stock Exchange Weekly Market Report Friday 24th November 2023: TCCL Leads with 4.17% Gain

The full copy of the Market Report is made available by TanzanaInvest.com following a partnership with CORE Securities:https://tanzaniainvest.com/downloads/Tanzania-Weekly-Market-Report-29-Apr-3-May-2013.pdf

Related Posts