According to the DSE weekly report, the volume of share traded increased to 262,598 compared to 101,809 of the previous week.
The weekly wrap-ups by Z an Securities shows TBL, CRDB, Swissport and DSE emerged the top trading equities that dominated the market during the week under review at 35 percent, 24 percent, 21 percent and 14 percent respectively.
None of the domestic equities appreciated or depreciated in value per share compared to last week. The total market capitalisation decreased by 2.22 percent, to close at 19.90tri/-while domestic market capitalisation remained constant at 8.15tri/-compared to last week.
Comparatively, key benchmark indices were in the red territory with the Tanzania Share Index (TSI) capped at 3,877.79 points, the same as the preceding week.
The All Share Index (DSEI) closed at 2,288.62 points, down by 2.09 percent compared to last week.
Similarly, the three sector indices including the Industrial and Allied, Banks, Finance and Investment Index and Commercial Services Sector all remained constant compared to last week, closing this week off at 5,031.35 points, 2,770.66 points and 3,157.95 points, respectively.
There is anticipation for low market performance because of the year end events such as planning for annual leave, holidays and close year obligations for local institution and individual investors, and therefore we would view stock market weakness as a buying opportunity.
Daily News
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