The week-on-week turnover at the Dar es Salaam Stock Exchange (DSE) dropped by 67 per cent last week as investors shift their attention to the festive season. The turnover dropped to Sh12.7 billion during the week ending December 18, 2015 compared with Sh38.91 billion that was registered during the week ending December 11, 2015, market […]
Category: Tanzania Business
Tanzania: Volumes are continuing to rise, exceeding $25m
Activity in twelve equities at the Dar es Salaam Stock Exchange (DSE) resulted into over 10 times increase in turnover of 60.38bn/-compared to 7.20bn/- posted in the previous session. During the week, the Tanzania Breweries Company Limited (TBL) dominated the bourse in terms of turnover and number of shares transacted. The counter traded 3,974,450 shares […]
Tanzania: Shilling Depreciation leads to 40% drop in volumes at Dar bourse
THE shilling depreciation has favoured foreign investors’ participation on Dar es Salaam Stock Exchange (DSE), who are buying more shares as their involvement has increased by 91.35 per cent in the first quarter. The shilling in this year’s first four months sunk to its lowest level in history since the local currency was introduced in […]