DSE turnover surge masks concentrated trading
DAR ES SALAAM, Sept. 8 -- THE Dar es Salaam Stock Exchange (DSE) recorded a strong improvement in trading activity during the week ended September 4 this year, with turnover rising significantly compared with the previous week.
Total market turnover increased by 64.93 per cent to 86.37bn/-, from 52.37bn/- in the week ended August 28 this year.
The increase points to heightened investor participation and stronger liquidity, particularly in a few highly traded counters.
Trading volume also expanded by 41.13 per cent to 35.24 million shares, from 24.45 million shares previously. Despite the substantial increase in trading activity, the markets overall capitalisation rose by a more modest 1.78 per cent to 39.43tri/-, compared with 38.74tri...
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