INVESTORS are closely watching the performance of equities at the Dar es Salaam Stock Exchange (DSE) as most of the listed firms await audited financial results, especially those in finance and investment sectors.
According to the Zan Securities Weekly Market Wrap-ups, banks, finance and investment Sector was the most traded, with National Microfinance Bank Plc (NMB) emerging as the most traded equity, contributing more than 35 per cent of total turnover of the week.
However, the total turnover decreased by 94 per cent from to 532.26m/- from 9.06bn/- of the previous session while volume of shares edged down to 357,297 from 11,567,312 which is equivalent to 97 per cent.
TWIGA was the only counter in the list of top gainers for local listed companies by increase of 200/- per share or 5.26 per cent. SIMBA, NMB and CRDB were on the list of top losers by decrease of 200/-, 80/- and 5/- respectively.
Comparatively, key benchmark indices recorded mixed reactions with the Tanzania Share Index (TSI) capping at 4,811.94 points low by 0.31 per cent compared with 4,826.68 points posted on the previous trading.
The All Share Index (DSEI) closed at 2,673.30 points was high by 0.67 per cent compared with 2,655.59 points posted a week earlier.
Three sector indices closed the week in different direction after the Industrial and Allied closed in green territory by 0.28 per cent. Banks, Finance and Investment Index was in red territory by 1.90 per cent while, Commercial Services Sector Index remained unchanged during the week under review.
Total market capitalisation increased by 0.68 per cent to close at 23.41tri/- and Domestic market capitalization experienced a downward trend by 0.31 per cent to close at 10.19tri/-.
