DSE: Jatu shares plummet 20% in one week
Jatu share price plummeted 23.15 per cent in one week ending last Friday as investors’ appetite faded for once darling stock after listing two and half months ago.
1M | 3M | YTD | 1Y | 2Y |
+2.00% | +15.06% | +17.30% | +12.76% | +10.21% |
Value Traded (TZS) 196,324,560.00 |
Volume 131,980 |
Transactions 280 |
Market Cap. (Bln TZS) 17,142.47 |
Jatu share price plummeted 23.15 per cent in one week ending last Friday as investors’ appetite faded for once darling stock after listing two and half months ago.
Arise B.V. announced today that it has acquired a 34.9% shareholding previously owned by Rabobank in NMB Bank Plc listed on Dar es salaam Stock Exchange (DSE) in Tanzania.
MKOMBOZI Commercial Bank (MKCB) plans to raise capital through selling shares under a right issue campaign that will last for one month.
JATU shares, an agri-industrial firm, have totally defied business fundamentals to register not only the Santa Claus rally, but also to determine the value of the company.