By Damas Makangale, Dar es Salaam, Tanzania
Trading volumes
at the Dar es Salaam Stock Exchange (DSE) last week decreased to Tsh
9.731billion ($5,274,000.00)
compared to Tsh27.62 billion ($15.85 million) two weeks ago according to DSE
weekly market report.
The Dar es Salaam
Stock Exchange index closed the week down at 2,668.18 points which 1.26% while
all share index ended the week at 5,681.77 points which 1.43% pulled by TBL,
TCCL and SWALA that lost Tsh 580, Tsh 1,470 and Tsh 130 per share respectively.
DSE, Business
Development Officer, Aleck Ngoshani said the trading decreased due to the fact
that most of the giant firms lost their respective share in the market.
He said the week registered
a relatively lower turnover and activity level. Week on Week turnover dropped
to Tsh 9,731 million, which is 183.91% from previous Tsh 27,629 million.
Ngoshani added whereas
shares traded decreased by 73.69% to 5,123,545 compared to the two weeks ago 8,899,449
shares.
He further said
that the banking segment index strengthened to close the week at 4,482.89
points, attributed to the price increased at DCB, CRDB and NMB counters.
Ngoshani noted
that the industrial and allied index lost to close at 7,269.48 points dragged
down by TCCL, SWALA and TBL counters.
“Our last week
trading was fantastic due to the number of factors, including the increase of
the value of the each shares to the major and giant corporations and firms in
the country,” he said.
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