TANZANIA, July 28 -- TRADING activity cooled sharply last week following the previous weeks exceptionally high volumes, although market valuations continued to strengthen.

Total turnover plunged 85.74 per cent to 25.25bn/-, while traded volume fell 88.69 per cent to 7.23 million shares.

Despite the slowdown, foreign investor sentiment turned positive. Net foreign flows reversed from an outflow of 4.17bn/- in the previous week to an inflow of 124.86m/-, representing a 102.99 per cent rebound.

Broad market valuations remained resilient. Total market capitalisation rose 1.27 per cent to 36.17tri/-, domestic market capitalisation increased 0.71 per cent to 24.44tri/-, while ETF market capitalisation edged up 0.32 per cent to 197.29bn/-.

T...