DSE Total turnover increases

800x800_52870ea39576f-300x232Dar bourse total turnover increased significantly last week to Tshs 3.82 billion compared to Tshs 2.99 billion recorded in the preceding week.

The industrial and allied Index controlled the market by earning 4,011.45 points buoyed by gains in TBL counters.

Tanzania Securities Ltd believes that the fear of a continuous price down fall on some counters made investors rush to sell their shares.
“The fear of a continuous price down fall on some counters has triggered a sell decision to majority of investors, creating a temporarily high pressure on the supply side,” says Tanzania Securities analyst Lina Charles Maswi in a statement adding that

“We expect to see moderate activities in the coming week as we approach end of the month.”

Read Full Report Here…

Leave a Reply

Your email address will not be published. Required fields are marked *