DAR ES SALAAM, Jan. 13 -- EQUITIES on the Dar es Salaam Stock Exchange traded in a narrow range Friday as banking stocks anchored liquidity, while selective gains in smaller counters pointed to stock-specific interest among investors.

Total turnover reached 2.11bn/- from 1.32 million shares traded in 3,148 deals, with government bonds and exchange-traded funds also drawing activity.

Bonds worth 11.64bn/- changed hands in 15 deals, while ETFs accounted for 56.23m/- of trades, highlighting continued interest in fixed-income and diversified instruments alongside equities.

Zan Securities Advisory and Research Manager Isaac Lubeja said the bourse entered this year with a robust valuation base, building on the significant momentum of the pre...