The total equity turnover for the month slightly declined by 1.8% to record a turnover of TZS 6.6Bln ($2.86Mln) from TZS 6.723Bln, recorded in previous month. The number of shares traded also halved that of the previous month, whereby about 6.6 million shares traded during the current month, from 13.7million shares traded on the previous month. The significant decline in the number of shares traded for the month is mainly due to the nature of the top mover counter, which in current month is TBL more expensive and requires less shares to generate large turnover as opposed to CRDB which was previous month’s top mover.
