THE Dar es Salaam Stock Exchange (DSE) turnover headed north during the week with the TBL emerging the most active counter after moving shares worth 7.95bn/- alone at the price ranging between 8000/- and 9,200/-.
According to Zan Securities Weekly Market Wrap-ups, the TBL counter traded 879,227 shares generating over 85 per cent of total turnover.
Twiga followed with 102,025 shares transacted at prices of 2,480/- and 2,460/- per share. Swissport transacted 27,422 shares at a price of 2,700/- per share.
TCC counter followed with 2,243 shares traded at prices of 10,000/- and 9,900/- per share. Simba counter transacted 500 shares at a price of 2,480/- per share.
TOL traded 200 shares at a price of 310/- per share. The total value of transactions after close of the week stood at 9.4bn/-equivalent 810 per cent up compared with previous week turnover.
Foreign participation dominated the market in the week by trading 7.69bn/-, which is more than 80 per cent of total turnover and up by 4,843 per cent.
During the week, the total Market capitalization fell by 0.49 per cent to 17.38tri/- caused by price depreciation of five out of six cross listed companies. Domestic market capitalisation went up to 6.24tri/- by 0.68 per cent.
The change towards north was mainly contributed by price increase in CRDB and DCB by 3 per cent and 2 per cent respectively.
CRDB counter traded 3,008,020 shares at prices of 300/-, 305/- and 310/- per share. NMB counter traded 37,994 shares at a price of 2,700/- per share.