Stock exchange leaps 830pc as investors snap up TBL shares

Brokers are on duty at the Dar es Salaam Stock Exchange. PHOTO|FILE

What you need to know:

  • The week-on-week turnover rose to Sh16.3 billion during the week ending September 23 – a massive leap from Sh1.754 billion registered during the week ending September 16, market data shows. TBL transacted a total of 1,176,378 shares at prices that ranged between Sh12,800 and Sh12,900 to contribute a cool Sh15.1 billion or 92.6 per cent of the week’s turnover.