{"id":9333,"date":"2020-05-25T17:54:09","date_gmt":"2020-05-25T17:54:09","guid":{"rendered":"https:\/\/www.africa-press.com\/tanzania\/?p=9333"},"modified":"2020-05-25T17:54:09","modified_gmt":"2020-05-25T17:54:09","slug":"stockbrokers-upbeat-on-dse-rebound-in-coming-weeks","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/tanzania\/economy\/stockbrokers-upbeat-on-dse-rebound-in-coming-weeks","title":{"rendered":"STOCKBROKERS\u2019 UPBEAT ON DSE REBOUND IN COMING WEEKS"},"content":{"rendered":"
\n

AfricaPress-Tanzania:<\/strong> THE equities market turnover of Dar es Salaam Stock Exchange (DSE), continued to decrease last week to register a new low amid global markets uncertainty due to coronavirus.<\/p>\n

The bourse market turnover, for the week ending last Friday, plunged further to 13.93m\/-, against last week\u2019s 16.37m\/-.<\/p>\n

However, stockbrokers are upbeat that the situation may make a rebound since investors started to cheer as states are reopening their economies.<\/p>\n

Zan Securities Chief Executive Officer (CEO), Raphael Masumbuko said they expect the market to make a U-turn in the coming weeks due to economies decision to lift lockdown.<\/p>\n

\u201cWe expect a rebound in volume and turnover in the weeks ahead as countries are easing the lockdown and businesses reopen,\u201d Mr Masumbuko said.<\/p>\n

For the week ending last Friday, Dow, S&P 500 and Nasdaq Composite all three indexes gained more than 3 percent as states reopening economies, as well as hopes for progress on a Covid-19 drug.<\/p>\n

However, DSE indexes closed the week in mixed reaction as DSE all share index (DSEI), climbed up while Tanzania Share Index (TSI), slight went down.<\/p>\n

TSI was affected by NICO price dropping by 2.94 percent to close at165\/-. TSI closed at 3,491.92 points, a slight decrease compared to the week before while DSEI increased by 0.35 percent to close at 1,806.88 points.<\/p>\n

DSE\u2019s sector indexes namely Industrial & Allied Index (IA) closed at 4,778.72 points, same as last week.<\/p>\n

Bank, Finance and Investment Index dropped 0.03 percent to close at 2,182.53 points.\u00a0And, Commercial Services Index closed at 2,356.49 points, 0.05 percent down.<\/p>\n

The dropping of turnover and volume affected domestic market capitalisation that went down slight to 9.17tri\/-. However, total market cap increased by 0.35 percent to 15tri\/-.<\/p>\n

CRDB dominated the market share by 25.43 percent of the total turnover followed by Swiss and Twiga at 25.03 percent and 17.86 percent respectively.<\/p>\n

However, Asian stocks slipped, not because of coronavirus pandemic, but with the bulk of losses coming in Hong Kong, as China announced plans to impose a national security law on the city.<\/p>\n

Hong Kong\u2019s Hang Seng fell about 3.5 percent and losses were modest in Tokyo and Seoul, while shares edged up in Sydney.<\/p>\n<\/div>\n

\n
\n
<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

AfricaPress-Tanzania: THE equities market turnover of Dar es Salaam Stock Exchange (DSE), continued to decrease last week to register a new low amid global markets uncertainty due to coronavirus. The bourse market turnover, for the week ending last Friday, plunged further to 13.93m\/-, against last week\u2019s 16.37m\/-. However, stockbrokers are upbeat that the situation may […]<\/p>\n","protected":false},"author":84,"featured_media":9326,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[886,888],"class_list":["post-9333","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-dse","tag-tsi"],"yoast_head":"\nSTOCKBROKERS\u2019 UPBEAT ON DSE REBOUND IN COMING WEEKS - Tanzania<\/title>\n<meta name=\"description\" content=\"THE equities market turnover of Dar es Salaam Stock Exchange (DSE), continued to decrease last week to register a new low amid global markets\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/tanzania\/economy\/stockbrokers-upbeat-on-dse-rebound-in-coming-weeks\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"STOCKBROKERS\u2019 UPBEAT ON DSE REBOUND IN COMING WEEKS\" \/>\n<meta property=\"og:description\" content=\"THE equities market turnover of Dar es Salaam Stock Exchange (DSE), continued to decrease last week to register a new low amid global markets\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/tanzania\/economy\/stockbrokers-upbeat-on-dse-rebound-in-coming-weeks\" \/>\n<meta property=\"og:site_name\" content=\"Tanzania\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-25T17:54:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2020\/05\/e3202c6e13db3765b2ad46558a7bc9c9.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"415\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/stockbrokers-upbeat-on-dse-rebound-in-coming-weeks#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/stockbrokers-upbeat-on-dse-rebound-in-coming-weeks\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"STOCKBROKERS\u2019 UPBEAT ON DSE REBOUND IN COMING WEEKS\",\"datePublished\":\"2020-05-25T17:54:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/stockbrokers-upbeat-on-dse-rebound-in-coming-weeks\"},\"wordCount\":364,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/stockbrokers-upbeat-on-dse-rebound-in-coming-weeks#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2020\/05\/e3202c6e13db3765b2ad46558a7bc9c9.png\",\"keywords\":[\"DSE\",\"TSI\"],\"articleSection\":[\"all news\",\"Economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/tanzania\/economy\/stockbrokers-upbeat-on-dse-rebound-in-coming-weeks#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/stockbrokers-upbeat-on-dse-rebound-in-coming-weeks\",\"url\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/stockbrokers-upbeat-on-dse-rebound-in-coming-weeks\",\"name\":\"STOCKBROKERS\u2019 UPBEAT ON DSE REBOUND IN COMING WEEKS - Tanzania\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/stockbrokers-upbeat-on-dse-rebound-in-coming-weeks#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/stockbrokers-upbeat-on-dse-rebound-in-coming-weeks#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2020\/05\/e3202c6e13db3765b2ad46558a7bc9c9.png\",\"datePublished\":\"2020-05-25T17:54:09+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"THE equities market turnover of Dar es Salaam Stock Exchange (DSE), continued to decrease last week to register a new low amid global markets\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/stockbrokers-upbeat-on-dse-rebound-in-coming-weeks#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/tanzania\/economy\/stockbrokers-upbeat-on-dse-rebound-in-coming-weeks\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/stockbrokers-upbeat-on-dse-rebound-in-coming-weeks#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2020\/05\/e3202c6e13db3765b2ad46558a7bc9c9.png\",\"contentUrl\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2020\/05\/e3202c6e13db3765b2ad46558a7bc9c9.png\",\"width\":1024,\"height\":415},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/stockbrokers-upbeat-on-dse-rebound-in-coming-weeks#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/tanzania\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"STOCKBROKERS\u2019 UPBEAT ON DSE REBOUND IN COMING WEEKS\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#website\",\"url\":\"https:\/\/www.africa-press.net\/tanzania\/\",\"name\":\"Tanzania\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/tanzania\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"STOCKBROKERS\u2019 UPBEAT ON DSE REBOUND IN COMING WEEKS - Tanzania","description":"THE equities market turnover of Dar es Salaam Stock Exchange (DSE), continued to decrease last week to register a new low amid global markets","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/tanzania\/economy\/stockbrokers-upbeat-on-dse-rebound-in-coming-weeks","og_locale":"en_US","og_type":"article","og_title":"STOCKBROKERS\u2019 UPBEAT ON DSE REBOUND IN COMING WEEKS","og_description":"THE equities market turnover of Dar es Salaam Stock Exchange (DSE), continued to decrease last week to register a new low amid global markets","og_url":"https:\/\/www.africa-press.net\/tanzania\/economy\/stockbrokers-upbeat-on-dse-rebound-in-coming-weeks","og_site_name":"Tanzania","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2020-05-25T17:54:09+00:00","og_image":[{"width":1024,"height":415,"url":"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2020\/05\/e3202c6e13db3765b2ad46558a7bc9c9.png","type":"image\/png"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/tanzania\/economy\/stockbrokers-upbeat-on-dse-rebound-in-coming-weeks#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/tanzania\/economy\/stockbrokers-upbeat-on-dse-rebound-in-coming-weeks"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"STOCKBROKERS\u2019 UPBEAT ON DSE REBOUND IN COMING WEEKS","datePublished":"2020-05-25T17:54:09+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/tanzania\/economy\/stockbrokers-upbeat-on-dse-rebound-in-coming-weeks"},"wordCount":364,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/tanzania\/economy\/stockbrokers-upbeat-on-dse-rebound-in-coming-weeks#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2020\/05\/e3202c6e13db3765b2ad46558a7bc9c9.png","keywords":["DSE","TSI"],"articleSection":["all news","Economy","homepage-english"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/tanzania\/economy\/stockbrokers-upbeat-on-dse-rebound-in-coming-weeks#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/tanzania\/economy\/stockbrokers-upbeat-on-dse-rebound-in-coming-weeks","url":"https:\/\/www.africa-press.net\/tanzania\/economy\/stockbrokers-upbeat-on-dse-rebound-in-coming-weeks","name":"STOCKBROKERS\u2019 UPBEAT ON DSE REBOUND IN COMING WEEKS - Tanzania","isPartOf":{"@id":"https:\/\/www.africa-press.net\/tanzania\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/tanzania\/economy\/stockbrokers-upbeat-on-dse-rebound-in-coming-weeks#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/tanzania\/economy\/stockbrokers-upbeat-on-dse-rebound-in-coming-weeks#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2020\/05\/e3202c6e13db3765b2ad46558a7bc9c9.png","datePublished":"2020-05-25T17:54:09+00:00","author":{"@id":"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"THE equities market turnover of Dar es Salaam Stock Exchange (DSE), continued to decrease last week to register a new low amid global markets","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/tanzania\/economy\/stockbrokers-upbeat-on-dse-rebound-in-coming-weeks#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/tanzania\/economy\/stockbrokers-upbeat-on-dse-rebound-in-coming-weeks"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/tanzania\/economy\/stockbrokers-upbeat-on-dse-rebound-in-coming-weeks#primaryimage","url":"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2020\/05\/e3202c6e13db3765b2ad46558a7bc9c9.png","contentUrl":"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2020\/05\/e3202c6e13db3765b2ad46558a7bc9c9.png","width":1024,"height":415},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/tanzania\/economy\/stockbrokers-upbeat-on-dse-rebound-in-coming-weeks#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/tanzania\/"},{"@type":"ListItem","position":2,"name":"STOCKBROKERS\u2019 UPBEAT ON DSE REBOUND IN COMING WEEKS"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/tanzania\/#website","url":"https:\/\/www.africa-press.net\/tanzania\/","name":"Tanzania","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/tanzania\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/posts\/9333","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/comments?post=9333"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/posts\/9333\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/media\/9326"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/media?parent=9333"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/categories?post=9333"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/tags?post=9333"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}