The total amount of `real capital` that was realised at the Dar es Salaam Stock Exchange (DSE) during January-March this year slightly increased by single percent. The bourse`s March Quarterly Update released this week shows that market capitalisation the total value at market prices of the shares in issue for a company or a sector of the stock market the market capitalization has increased from 3,082.26bn/- to 3,112.92bn/-, equivalent to one percent.

The numbers are arrived at multiplying the share price with the total number of shares in issue, effectively giving the total value of all the shares currently in issue. According to the DSE Quarterly newsletter for March this year, the increase was attributed to appreciation of SIMBA, Swissport and TWIGA share prices over the period under review. SIMBA price appreciated from 960/- in December 2006 to 1,120/- in March 2007 recording an appreciation of 14.3 percent. Shares of the Swissport Company increased by 1.4 percent to 10 /- per share while TWIGA price increased from 650 /- to 700 /- per share representing a 7.1 percent appreciation. Kenya Airways (KA) price appreciated from 1,560/- to 1,600/- per share, which is 2.5 percent increase. The Tanzania Oxygen Limited, (TOL) and Tanzania Tea Packers (TATEPA) and Tanzania Cigarette (TCC) did not appreciate. The report shows that TOL shares ran down from 330/- in December last year to 300/- per share in March 2007, recording a depreciation of 9.1 percent. TATEPA price also witnessed a drop of 17.5 percent as the shares went down to 375/- in March this year down from 440/- recorded in December last year. - Source: IPP Media