DAR ES SALAAM, Nov. 11 -- TANZANIAS equity market has demonstrated a strong capacity to absorb capital adjustments with minimal disruption in the aftermath of the recent General Election, underscoring the depth and resilience of domestic liquidity.
Alpha Capital Head of Business Development and Customer Service, Mr Geofrey Kamugisha said the week immediately following the elections recorded a net foreign outflow of 1.96bn/- equivalent to 41.25 per cent of total equity turnover.
“The markets ability to withstand recent bouts of foreign selling reflects that local capital is now better able to provide the stabilising counterweight and better provide the market with insulation from the volatile effects that can be created by foreign ...
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