Tanzania: DSE Performance Shrinks After ABG Shares Decline

Dar es Salaam — The Dar es Salaam Stock Exchange (DSE) market capitalization has shrunk by almost 20% following a decline of African Barrick Gold (ABG) share prices after China Gold backed out of sales talks fortnight ago.

The stockbrokers have it that the bourse market capitalization has gone in similar percentage the ABG share price tumbling down from 444 pence ($7.110) to 356.80 pence ($5.714) of last week since the buy-off deal dematerialized.

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