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Banks, finance, investments counters spur DSE indices movement on month's opening


//business-finance.news-articles.net/content/202 .. pur-dse-indices-movement-on-month-s-opening.html
Published in Business and Finance on by IPPMEDIA   Print publication without navigation

The Dar es Salaam Stock Exchange (DSE) indices gained during the opening of the month, after the appreciation of share prices on banks, finance and investment counters. The DSE daily market report for Monday shows the Tanzania Share Index (TSI) closed at 4,

The Dar es Salaam Stock Exchange (DSE) experienced a positive start to the month, with its indices showing significant movement driven by trading in bank, finance, and investment counters. The DSE All Share Index (DSEI) increased by 0.17% to 1,767.37 points, while the Tanzania Share Index (TSI) saw a slight rise of 0.02% to 4,308.97 points. Key contributors to this uptick included CRDB Bank, NMB Bank, and DCB Commercial Bank, with CRDB Bank alone accounting for 50.5% of the total market turnover. The market also saw a total turnover of 1.3 billion Tanzanian Shillings, with 1.2 million shares traded across 268 deals. Additionally, there was a notable increase in foreign investor participation, with foreign purchases making up 60.6% of the total turnover, indicating strong international interest in Tanzanian stocks.

Read the Full IPPMEDIA Article at:
[ https://www.ippmedia.com/the-guardian/business/read/banks-finance-investments-counters-spur-dse-indices-movement-on-months-opening-2025-03-04-161621 ]

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