DAR ES SALAAM, May 13 -- FOREIGN outflows narrowed on the Dar es Salaam Stock Exchange (DSE) during the week ended last Friday, offering a modest reprieve to market sentiment as external selling pressure eased sharply from the previous week. The improvement came even as overall market performance remained mixed, with equities facing selective price corrections across key counters.

Zan Securities Advisory and Research Manager Isaac Lubeja told ‘Daily News on Monday that foreign investor activity remained negative for the week ending last Friday, representing an improvement of 61.83 per cent.

“The reduced level of foreign selling pressure suggests easing external investor exits, although the market continues to rely heavily on...