THE Dar es Salaam Stock Exchange (DSE) indices started the week in flat, after share prices of all listed companies ended the session unchanged.

Despite of the flatness, the market recorded a turnover of 1.25bn/- following the transactions of 529,433 shares traded in 204 deals.

CRDB Bank’s counter was top mover, after recording the transactions of 223,006 shares valued 122.2m/- traded at a price ranging from 540/- to 560/- per share in 141 deals.

The DSE daily market report shows the largest bank counter closed the day with 356,556 outstanding bids and 324,980 outstanding offers while the share price ended the day unchanged at 550/.

Tanzania Portland Cement’s (TPCC) counter was second top mover, after recording the transactions of 100,764 shares valued 435.2m/- in seven deals, of which 100,000 shares were transited through block pre-arranged market board.

All TPCC transacted shares were traded at a price ranging from 4,300/- to 4,320/-. Its market share price also remained flat at 4,320/-.

The report further shows that the counter of the largest listed company, Tanzania Breweries Limited’s (TBL) recorded the transaction of 100,000 shares valued 600m/- traded through pre-arranged block trade, at a discounted price of 6,000/- per share in one deal.

NICO’s counter followed after recording the transactions of 85,925 shares valued 51.6m/- traded at a weighted price of 630/- per share in 20 deals, while Tanga Cement Company Limited (TCCL) transacted 14,760 shares valued 30.9m/- traded at a price of 2,100/- per share in four deals.

Other active counters during the day were NMB Bank, the second largest listed company and second largest bank in terms of assets, after transacting 2,446 shares valued 11.6m/- traded at a price ranging from 4,740/- to 4,800/- per share in 12 deals and TCCIA Investment Company, which transacted 1,352 shares in eight deals.

The market report shows foreign investors sold shares valued 432m/- which was equivalent to 34.49 percent of total value of shares sold against buying value of 21m/- which was 1.68 percent of total value of shares bought.

The report shows, since the start of this quarter, foreign investors have so far sold shares valued 26.2bn/- which is equivalent to nearly four times of the value of shares they sold during the first quarter of last year.

Local investors dominated both activities after recording 98.32 percent of shares bought and 65.51 percent of shares sold.

According to the report, the DSE has so far recorded a total turnover of 55.9bn/- since the start of this year, which is equivalent to more than 250 percent of total turnover recorded during the first quarter of last year.