Tanzania Equity Markets | 27 Oct 2015: Negative Momentum Return Again, All Share Index 0.70% Lower …

DAR ES SALAAM Tanzania, Capital Markets in Africa — On Tuesday, the Bear appeared on the Dar Es Salaam Stock Exchange equity markets trading floor as all indices and market capitalization closed lower. The equity market capitalization dropped TZS 151 billion (about US$70 million) to end at TZS 20,996 billion relative to a market capitalization of TZS 21,147 billion recorded at the previous trading session.

The Dar Es Salaam Stock Exchange All Share index (DSEI) slumped by 16.98 points or 0.70 percent to end at 2,397.33 points. Tanzanian domestic Share Index sagged by 0.32 percent or 14.55 points to end at 4,588.49 points.  

From the sector viewpoint, the Banks, Finance & Investment sector index jumped by 1.15 percent or 36.08 points to close at 3,181.97 points. Industrial & Allied sector index declined by 0.86 percent or 52.32 points at 6,057.43 points and Commercial services sector index gained 0.11 percent or 4.19 points to close at 3,936.51.

Today, the Dar Es Salaam Stock Exchange recorded a total turnover of TZS 108.80 million from 92,730 shares traded in 31 deals compared to the previous session which recorded a turnover of TZS 14,832.90 million from 1,035,615 shares traded in 61 deals. CRDB traded 65,002 shares traded in 8 deals and DCB Commercial Bank exchanged 1,212 shares in 3 deals. National Microfinance Bank registered 18,306 shares in 9 deals.  Tanzania Portland Cement Company Limited traded 7,300 in 1 deal. Tanzania Breweries Limited recorded at 330 shares in 6 deals. Tanzania Cigarette Company traded 330 shares in 6 deals. Swissport Tanzania Limited registered 520 shares in 3 deals. Swala Gases Tanzania Limited had 60 shares in 1 deal.

On the market strength/breath perspectives, the markets breath ended in negative today, with three gainer and seven losers. CRDB Tanzania closed at TZS 385 after gaining 1.32 percent, National Microfinance Bank grew by 1.06 percent to settle at TZS 2,860 and Swissport Tanzania Limited added 0.14 percent to settle at TZS 7,310.

On the red district, Uchumi Supermarkets lost 5.00 percent to end at TZS 190.00 and Kenya Commercial Bank sagged by 2.25 percent to close at TZS 870. Also, Acacia Mining Limited slumped by 1.44 percent to trade at TZS 6,860 and Nation Media Group ended at TZS 2,870 after dropping 1.37 percent. Other losers were Tanzania Breweries Limited (-1.32 percent at TZS 15,000), Jubilee Holdings Limited (-0.23 percent at TZS 8,700) and East Africa Breweries Limited (-0.17 percent to settle at TZS 5,730).

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