155.5% Surge in Dar es Salaam Stock Exchange Turnover

TLDR

• Total market turnover surged by 155.5 per cent to 64.53bn/- while the volume of shares traded more than doubled, rising 119.8 per cent to 15.88 million shares.
• TBL emerged as the most actively traded stock, accounting for 41.2 per cent of total market turnover with trades worth 26.59bn/-.
• Collectively, these five counters represented over 96 per cent of total market turnover, underscoring continued investor preference for highly liquid large-cap stocks.
• NMB followed closely, contributing 34.4 per cent of turnover (22.22bn/-), while CRDB, VODA and NICO accounted for 9.9 per cent, 8.5 per cent and 2.1 per cent, respectively.
• Trading turnover in the secondary government bond market contracted by 20.11 per cent week-on-week, falling from 105.42bn/- to 84.22bn/-.