THE weekly turnover at the Dar es Salaam Stock Exchange rose to 10bn/- from the previous week's 4.18bn/-. Similarly activity levels rose by 45.6 per cent to 3,190,932 shares, a sharp week-on-week increase from the previous period's 2,190,395 shares.
According to the Tanzania Securities Limited (TSL), the indices edged north for both Tanzania Securities Index (TSI) and DSE All share index (DSEI) ending the week in green. The DSEI ended the week on 4.59 per cent higher at 1,809.04 points while TSI closed at 2341.29 points, 5.48 per cent up, thanks to gains made in CRDB, NMB, Swissport, TCC, TOL and TBL counters.
The banking segment Index strengthened by 3.52 per cent to close at 2,305.14 points on the backdrop of gain made on the CRDB and NMB counters by 1.81 per cent and 4.54 per cent, respectively. The Industrial and Allied Index strengthened by 6.99 per cent to close at 2,620.55 points buoyed by TCC, TBL, Swissport, TOL and counters that gained to 8,220/-, 5,000/-, 2,640/- and 310/- respectively.
The banking sector accounted for 98 per cent of the market turnover and 99 per cent of the total volume exchanged hands during the week. CRDB counter ended the week at 280/- per share, moving 846,891 shares.
The NMB counter transacted 208,467 shares at a price of 2200/-, 2,280/- and 2,300/-. TBL was the most active counter among the Industrial and Allied segments receiving largely local support to transact 2,067,983 shares at price of 4,440/- and 5,000/- per share.
TOL ended the week up at 310/- per share moving 23,162 shares in the counter. Swissport also went up to close the week at 2,640/- per share, moving a volume of 13,284 shares. total of 5,821 shares of Simba exchanged hands at a price of 2,340/- while Twiga moved 2,569 shares at a price of 2,700/-. TCC moved 2,550 shares at a price of 8,200/- and 8,220/- while Tatepa moved 200 shares at a price of 650/-. There were no activities on the PAL counter.