
Dar es Salaam Stock Exchange (DSE) share price rallied by 100 per cent to 1,000/- each yesterday immediately after self listing as was predicted. This was double the price offered during the initial public offer.
1M | 3M | YTD | 1Y | 2Y |
-1.72% | +1.00% | +7.73% | +13.41% | +25.65% |
Value Traded (TZS) 1,293,100,940.00 | Volume 1,678,254 |
Transactions 919 | Market Cap. (Bln TZS) 19,231.68 |
Dar es Salaam Stock Exchange (DSE) share price rallied by 100 per cent to 1,000/- each yesterday immediately after self listing as was predicted. This was double the price offered during the initial public offer.
The Capital Markets and Securities Authority (CMSA) has approved a request from the Dar es Salaam Stock Exchange (DSE) for the latter to absorb more funds from its recent Initial Public Offering (IPO) which was oversubscribed by 377 per cent. DSE's IPO -- which was conducted from May 16 to June 3, 2 -- aimed at raising Sh7.5 billion from the offer of 15,000,000 shares at a price of Sh500 each.
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