DAR ES SALAAM, June 5 -- INVESTORS repositioned ahead of the countrys longterm bond sale as equities showed mixed sentiment, said Tanzania Securities in its weekly market wrap-up issued Tuesday.
Liquidity on the Dar es Salaam Stock Exchange (DSE) improved notably, with contrasting movements in key stocks and a sharp rise in bond activity, reflecting diverging investor sentiment and anticipation of government debt issuance.
TOL Gases led equity gainers, climbing 9.0 per cent to 730/- on the day, while Vodacom Tanzania (VODA) dipped by 4.5 per cent to 735/-. Both stocks demonstrated improved market liquidity, highlighting ongoing momentum in price discovery across select counters.
The markets total capitalisation edged up by 0.019 per ce...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.