Tanzania Market Watch | June 22nd 2015: Tanzania equity market falls TSZ 26 billion and indices down

Dar es Salaam, Tanzania (Capital Markets in Africa):- The Dar es Salaam Stock Exchange (DSEI) fell by 3.0 points or 0.11 percent to close at 2,847 points and market capitalization recorded at TZS 24,911 billion (a decrease of about TSZ 26.19 billion against previous trade session market cap of TSZ 24,937.99 billion). Also, the domestic Share Index plunged by 15.29 points or 0.32 percent to close at 4,793.41 points.

From the market activity angle, a total turnover of TZS 1,316.61 million from 216,431 shares traded in 33 deals compared to the previous session which recorded a turnover of TZS 5,093.49 million from 637,240 shares traded in 79 deals. On Pre-Arranged board, Tanzania Breweries Limited had 80,000 shares traded at 15,000 per share in 1 deal. CRDB recorded 130,370 shares traded at weighted average price of TZS 455 per share in 20 deals.

Today, recorded a total turnover of TZS 8,381.78 million from 592,913 shares traded in 71 deals compared to the previous session which recorded a turnover of TZS 962.77 million from 713,209 shares traded in 41 deals. Tanzania Breweries Limited had 540,000 shares traded at 15,000 per share in 2 deals and CRDB Bank had 24,605 shares in 28 deals. Also, DCB Commercial Bank had 4,824 shares traded in 4 deals and National Microfinance Bank had 932 shares traded in 8 deals.

The market sentiment was positive today, with 4 losers and 6 gainers. TOL Gases Limited gained 1.61 percent with a closing price of TSZ 630.00 and Acacia Mining PLC edged by 0.60 percent to close at TSZ 10,080. Equally, Swissport Tanzania Limited climbed by 0.14 percent to close at TSZ 7,200 and Swala Gas and Oil added 0.91 percent to settle at TSZ 555.00. On the other hand, CRDB Bank tumbled by 3.30 percent to conclude at TSZ 440.00 and Jubilee Holdings Limited plunged by 2.63 percent to end at TSZ 11,850.00.

From the sector perspective, Banks, Finance & Investment (BI) sector index fell by 1.20 percent, Commercial Services sector index rose by 0.11 percent and Industrial & Allied sector index gained by 0.01 percent.