DAR ES SALAAM, July 22 -- THE Dar es Salaam Stock Exchange (DSE) is poised for an earnings-driven rally as investors await quarter two (Q2) financial results from key companies, analysts said.
The market is anticipating robust activity in the coming weeks, buoyed by expectations of strong earnings growth from leading counters.
Also, investors are positioning for potential upside on the back of rising revenues and improved cost efficiencies, which are seen as catalysts for further gains in the domestic index.
Zan Securities Advisory and Research Manager Isaac Lubeja said the market is bracing for a series of corporate financial disclosures, with companies such as CRDB Bank, NMB Bank and Vodacom projected to post solid year-onyear earnin...
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