The month of January graced the market with the total Equity turnover of TZS 6.73Bln ($2.9Mln), after trading a total of 13.7million shares. The turnover is 98% lower than TZS 425.94Bln ($184.5Mln) turnover recorded in preceding month of December 2020, and also 85.2% lower than TZS 45.36Bln generated similar period previous year. Lower activity levels are still experienced since second quarter of previous year following the eruption of COVID-19 which is still very much at large and is still keeping investors wary and cautious of significant investments overseas especially on the equities markets. This has in turn negatively impacted several emerging markets, especially those heavily influenced by foreign investors activities the likes of DSE.
