DAR ES SALAAM, July 22 -- BANKING and industrial stocks are poised to lead the next phase of gains on the Dar es Salaam Stock Exchange (DSE), as abundant liquidity, easing bond yields and rising investor confidence reinforce demand for equities despite continued foreign selling.

Market analysts say improving corporate earnings, attractive dividend prospects and a stable macroeconomic environment are encouraging both institutional and retail investors to increase exposure to listed companies, extending a rally that gathered pace during the first half of the year.

The bullish outlook comes after another week of strong trading activity. Total market turnover rose 10.75 per cent to 177.04bn/- in the week ended July 17, from 159.86bn/- a wee...