Dar es Salaam Stock Exchange (DSE) best performer in the EAC


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Dar es Salaam Stock Exchange (DSE) has emerged the best performer, measured by indices, in East Africa despite global headwinds that affected performance of the markets in the first half of 2016.

The Dar bourse was the only stock market in the region to register a positive trend, measured by index performance on adjusted returns (in dollar terms) that climbed by 4.8 per cent in the first half of this year.

The report issued by DSE yesterday said other exchanges in the bloc in Kenya, Uganda and Rwanda registered negative returns. Burundi and South Sudan have yet to establish a stock market.

The Nairobi Securities Exchange (NSE) index curved in to negative 2.3 per cent, while Uganda Securities Exchange sank negative 4.1 per cent and Rwanda Stock Exchange also registered a negative 7.1 per cent.

DSE Chief Executive Officer, Mr Moremi Marwa said in the second half of this year many other Africa's stock markets have had mixed results. "DSE total market capitalisation and DSEI increased from 21.308bn/- and 2,432 points to 21.729bn/- and 2,431 points respectively.

"On the other hand DSE has been battered by a slowdown in growth, the collapse of commodity prices, adverse weather, regulatory challenges, and rising debt," Mr Marwa said.




The CEO said in his Quarterly CEO Report that the market was now facing a new shock of global risk-aversion sparked by Brexit. "These fundamental and sentimental based factors were on top of the Africa's portfolio investors during the quarter under review and have impacted funds flows into the continent," he said.

Following these factors, the domestic market cap went down 7.0 per cent from 8.47tri/- in Q1 to 7.912tri/- in Q2 and Tanzania Share Index (TSI) decreased from 3,972 points to 3,706 points. Also market liquidity decreased from 123bn/- in Q1 to 102bn/- this quarter.

For the rest of Africa, DSE was the third best performer behind Johannesburg Stock Exchange (JSE) up 13.5 per cent, followed by Namibia Stock Exchange also up 12.3 per cent.

The worst performer, in the first six months, sank 27.3 per cent, Malawi Stock Exchange (MSE) 23.3 per cent and Ghana Stock Exchange 14.6 per cent.

On month-to-month basis, the Namibia Exchange led others after jumping by 7.1 per cent, followed by JSE 5.5 per cent, Botswana 1.9 per cent, DSE 0.9 per cent, Lusaka Stock Exchange 0.6 per cent and MSE 0.4 per cent.
 
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hicho ni kioski tu hata kiwe bora hakiwezi shidana na supermarket
 
ntita

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ntita

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hicho ni kioski tu hata kiwe bora hakiwezi shidana na supermarket
mkenya ktk ubora wake

wanalilia statistics zikiletwa wanakiita kioski....

sisi tukisema wakenya wana njaa.. wanaleta statistics...

napita tu
 
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Iconoclastes

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And I have no doubt it is the Kenyan companies (that form nearly half of the firms listed there) that are making that happen. Without them, the DSE will remain nothing more than a village kiosk selling salt, I mean stock!
 
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And I have no doubt it is the Kenyan companies (that form nearly half of the firms listed there) that are making that happen. Without them, the DSE will remain nothing more than a village kiosk selling salt, I mean stock!
kwa nn zisifanye vizuri kwenu sasa
 
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And I have no doubt it is the Kenyan companies (that form nearly half of the firms listed there) that are making that happen. Without them, the DSE will remain nothing more than a village kiosk selling salt, I mean stock!
Haha stop sleeping KQ, Uchumi, KBC and EABL r all underperforming! Stop chest thumping urself! Who to buy companies that r struggling to even make an impact at their home stocks?

GAINERS & LOSERS



Company Price Change
NMG 3,150 -2.48%

KA 90 -10.00%

TBL 13,750 -0.07%
KCB 720 -1.37%
TPCC 2,320 -0.43%
USL 70 -12.50%
CRDB 300 +1.69%
SWIS 6,320 +0.32%
NMB 1,690 +2.42%
JHL 10,140 +2.22%
ACA 17,640 +8.15%
MARKET SUMMARY
Indices 8 Jul 2016
TSI 3,713.21
arrow_up.png
+13.81
DSEI 2,673.14
arrow_up.png
+60.83
TRADING STATS
Market Cap (bln) 23,395.19
Equity Turnover 308,867,515.00
Total Volume 867,919
Total Deals 65
 
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And I have no doubt it is the Kenyan companies (that form nearly half of the firms listed there) that are making that happen. Without them, the DSE will remain nothing more than a village kiosk selling salt, I mean stock!
We utakuwa unakorogwa mavi sio bure.
Unafikiria hii ni uganda stock exchange? Ebu list kenyan companies at the dse tuone!!!
 
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Good for DSE..move the thread to your to the UGANDAN NEWS SECTION...
 
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And I have no doubt it is the Kenyan companies (that form nearly half of the firms listed there) that are making that happen. Without them, the DSE will remain nothing more than a village kiosk selling salt, I mean stock!
This shows that Tanzania is a best place to invest.
 
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Haha stop sleeping KQ, Uchumi, KBC and EABL r all underperforming! Stop chest thumping urself! Who to buy companies that r struggling to even make an impact at their home stocks?

GAINERS & LOSERS



Company Price Change
NMG 3,150 -2.48%

KA 90 -10.00%

TBL 13,750 -0.07%
KCB 720 -1.37%
TPCC 2,320 -0.43%
USL 70 -12.50%
CRDB 300 +1.69%
SWIS 6,320 +0.32%
NMB 1,690 +2.42%
JHL 10,140 +2.22%
ACA 17,640 +8.15%
MARKET SUMMARY
Indices 8 Jul 2016
TSI 3,713.21
arrow_up.png
+13.81
DSEI 2,673.14
arrow_up.png
+60.83
TRADING STATS
Market Cap (bln) 23,395.19
Equity Turnover 308,867,515.00
Total Volume 867,919
Total Deals 65
Every company, including the well performing Tanzanian firms listed in the DSE bourse, must experience tough times at some point in its existence. They (the Kenyan firms) were yielding profits recently, now due to some circumstances they are having problems which definitely wont last for long. Such is the stuff the business world is made of.

However, eat or deny, it is those Kenyan companies that have made the DSE the vibrant stock market it is today. Were they for some reasons to pull out, DSE would be reduced to a mere shell of a stock market. It'll be reduced to an insignificant!

AFRICA'S LARGEST STOCK MARKETS- LOOK ON THE LISTINGS COLUMN..
List of African stock exchanges - Wikipedia, the free encyclopedia



The positive returns in the DSE doesnt change the fact that NSE is the 4th biggest and most profitable stock market in the sSaharan Africa. And did u know that once, in the mid 2000s, it was in fact the best performing stock market......in the world! But did that mean that it was in any way better than NYSEs or NIKKEIs of this world.
 
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Go Go DSE nimeanza kununua hisa since A level
 
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We utakuwa unakorogwa mavi sio bure.
Unafikiria hii ni uganda stock exchange? Ebu list kenyan companies at the dse tuone!!!
Kaka haha eti anakorogwa !!!???
 
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Iconoclastes, those Kenyan companies hav no impact aside the fact hav never been top performers! NMB, CRDB, Simba cement, Twiga cement, TBL (not EABL) n Swissport make the largest chunk of business at DSE! Kenyan companies hav never had a good response at DSE! As a matter of fact the likes of UCHUMI were stopped from trading.

As for me i am waiting for the top 4 telefone companies to list i.e. Vodacom, Airtel, Tigo n Halotel!
 
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Haha stop sleeping KQ, Uchumi, KBC and EABL r all underperforming! Stop chest thumping urself! Who to buy companies that r struggling to even make an impact at their home stocks?

GAINERS & LOSERS



Company Price Change
NMG 3,150 -2.48%

KA 90 -10.00%

TBL 13,750 -0.07%
KCB 720 -1.37%
TPCC 2,320 -0.43%
USL 70 -12.50%
CRDB 300 +1.69%
SWIS 6,320 +0.32%
NMB 1,690 +2.42%
JHL 10,140 +2.22%
ACA 17,640 +8.15%
MARKET SUMMARY
Indices 8 Jul 2016
TSI 3,713.21
arrow_up.png
+13.81
DSEI 2,673.14
arrow_up.png
+60.83
TRADING STATS
Market Cap (bln) 23,395.19
Equity Turnover 308,867,515.00
Total Volume 867,919
Total Deals 65
THIS WEEK'S PERFORMANCE

KENYA AIRWAYS

100.00 +11.11 05-Jul
KCB GROUP 730.00 +1.39 05-Jul
DCB COMMERCIAL BANK 500.00 +1.01 05-Jul
TANGA CEMENT 1,650.00 +0.61 05-Jul
TANZANIA BREWERIES 13,760.00 +0.07 05-Jul

TOP DECLINERS
PRICE (TZS) CHANGE (%) DATE
CRDB BANK 295 -1.67 05-Jul
EAST AFRICAN BREWERIES 5,910 -0.84 05-Jul
SWISSPORT TANZANIA 6,300 -0.79 05-Jul
TANZANIA PORTLAND CEMENT 2,330 -0.43 05-Jul

Dar es Salaam Stock Exchange (DSE) | AFRICAN MARKETS
 
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Iconoclastes, those Kenyan companies hav no impact aside the fact hav never been top performers! NMB, CRDB, Simba cement, Twiga cement, TBL (not EABL) n Swissport make the largest chunk of business at DSE! Kenyan companies hav never had a good response at DSE! As a matter of fact the likes of UCHUMI were stopped from trading.

As for me i am waiting for the top 4 telefone companies to list i.e. Vodacom, Airtel, Tigo n Halotel!
Nawashangaa hawa wakenya eti makampuni yao ndo yanakeep the DSE running........kama sio kichekesho cha mwaka hicho!
Na hapo bado mobile phone companies hazijalist. Let's wait for next year sijui wakenya watasemaje......Tanzania is the most mature telecom market in East Africa!
 
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Ranking of economies - Doing Business - World Bank

gq1hle4CXtLIr2WLYW74ucosNtr157OYZFE8zKeg2P0.png

Following in second place is Tanzania, with projected growth of just under 7% this year. Senegal completes the top three, with 6.6%. Countries from across Africa feature in the top 10, emphasizing the economic gains being felt around the continent.

As this map from the IMF highlights, compared with much of the developed world, economic growth is relatively high in Africa. GDP in many African countries is projected to grow by over 2% this year.

rktnyCXaNIyEB2h97Ke4MWNK_CfWRdufv2kwU7m1CQg.png

Image: IMF

Which are Africa’s fastest growing economies?
 
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Geza Ulole

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Iconoclastes, see the number of shares traded too! U see KCB has lowest though in upward trend!
 

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