DAR ES SALAAM, July 15 -- THE stock market paused last week after a sustained rally, with benchmark indices retreating modestly as investors locked in profits and shifted focus to the next corporate earnings season.

The Dar es Salaam Stock Exchange (DSE) All Share Index fell 0.83 per cent during the week, while the Tanzania Share Index declined 0.88 per cent, a movement, analysts, described as a natural correction rather than a sign of weakening market fundamentals.

Zan Securities Advisory and Research Manager Isaac Lubeja said yesterday through Weekly Market Wrap Up that the slight declines in both indices reflect a healthy breather as investors digest recent gains.

“We expect large-cap banking counters to experience minor price...