In Summary
  • Foreigners injected Tanzania Breweries Limited (TBL) shares worth at least Sh2.7 billion on Wednesday February Dar es Salaam.
  • Foreigners injected Tanzania Breweries Limited (TBL) shares worth at least Sh2.7 billion on Wednesday February 6, the Dar es Salaam Stock Exchange market report shows.

Dar es Salaam. Foreigners in Dar es Salaam injected shares worth at least Sh2.7 billion to Tanzania Breweries Limited (TBL) on Wednesday, the Dar es Salaam Stock Exchange market report shows.

The turnover from shares bought by foreign investors for the particular day was 83.32 per cent of the total turnover of Sh3.35 billion.

Foreigners bought most of the TBL shares that reached a total turnover of Sh3.16 billion and the counter had 270,695 shares traded at weighted average price of Sh11, 700 per share in 21 deals. Meanwhile, the local investors bought 16.68 per cent of the shares.

The market report also shows that 99.1 of the shares worth Sh3.32 billion were sold by the foreign investors while the locals sold 0.90 per cent.

Other active counters were CRDB, which had 1,280,586 shares traded at an average price of Sh135 per share in 14 deals. DSE counter had 3,852 shares traded in four deals at weighted average price of Sh1, 360 per share.

Nico counter had 1,650 shares traded at a price of Sh185 per share in 2 deals. While the NMB counter which had 200 shares traded them in one deal at an average price of Sh1, 980 per share.

Voda counter had 11,010 shares traded at weighted average price of Sh700 per share in 14 deals.

The total market capitalization slightly dipped to Sh20.57 trillion from Sh20.59 trillion recorded in the previous day.

The decrease might be attributed by the fall in share prices for some of the cross-listed firms.

Acacia share prices dropped by 2.56 per cent from Sh5, 850 to Sh5, 700 while that of East African Breweries Limited (EABL) fell to Sh4, 840 per share.

The indices showed a mixed trend while the Tanzania Share Index (TSI) remained flat at 3,534.59 points as of the previous day, the DSE All Share Index (DSEI) dipped slightly by 2.19 points to 2,134.40 points.