DAR ES SALAAM, June 12 -- DAR ES SALAAM Stock Exchange reforms have reshaped the market, reviving dormant counters as dividend momentum and strong turnover lifted key equities just ten days after implementation.
Investors are adjusting to a revised trading structure that tightened price caps, adjusted tick sizes and introduced stricter identity verification requirements. Zan Securities Advisory and Research Manager Isaac Lubeja said the momentum seen since the rule changed is expected to continue in the coming weeks.
“In the weeks ahead, we maintain a positive outlook for the equity market, supported by strong turnover growth and dividend-driven sentiment,” said Mr Lubeja at weekly wrap up on Tuesday.
Mkombozi Commercial Ba...
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