Tanzania: DSE Shows Signs of Recovery

Dar es Salaam Stock Exchange (DSE) has shown signs of recovery from bearish trend gripped the market since the beginning of this year. Stockbrokers are predicting the bourse turnaround after high demand noticed on industry and allied sectors fuelled by foreign investors.

The brokers' sentiment are based on the last Friday share prices appreciation between 10/- and 100/-. Some of companies that share rally are TBL from 13,810/- to 13,850/-, DCB Commercial Bank from 490/- to 500/-, DSE 1,020/- to 1,050/-, and Swissport 6,350/- to 6,390/-.

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