TBL SHINES AT DSE

TANZANIA Breweries Limited (TBL) emerged the top trading equity at the Dar es Salaam Stock Exchange (DSE) after dominating the market share by 92 per cent last week.

Zan Securities Limited says in the weekly market wrap-ups that despite dominating the market share, TBL share depreciated by 0.74 per cent, ending at 13,400/- per share. During the period under review, none of the domestic equities appreciated in value per share.

During the trading session, the equity market turnover weakened by 51 per cent to 4.04bn/- compared to 8.30bn/- posted in the preceding week.

The other loser was Tanga Cement Public Limited (SIMBA), depreciating in value by 13.98 per cent to 1,600/- per share.

The total market capitalisation decreased by 2.45 per cent to 20.89tri/- while domestic market capitalisation decreased by 0.56 per cent to 8.15tri/-.