DSE domestic market cap up 4pc in Q3


DAR ES SALAAM Stock Exchange (DSE) domestic market capitalisation has increased by 4.0 per cent pushed by bourse self-listing in the third quarter of this year.

According to DSE Chief Executive Officer, Mr Moremi Marwa, the market cap increased from 7.912tri/- by end of June to 8.103tri/- end September.

“This was a result of both DSE listing its shares as well as the increase in prices on some of the counters,” Mr Marwa said in a CEO’s Quarterly report. The DSE Index also increased by 4.0 per cent from 3,706.15 points as of June 2016 to 3,855.90 points as of 30th September 2016.

“Market depth (measured by market cap) from domestic listed companies and liquidity, trading turnover, increased during the quarter,” Mr Marwa said. Anderson /Ends



DSE domestic market cap up 4pc in Q3 DSE domestic market cap up 4pc in Q3 Reviewed by on 10:38:00 PM Rating: 5

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