CRDB accounted for 55.3% of session turnover.

DSEI -0.64% / Turnover TZS 4.30bn

Weekend reflection 20 Sep 2026

The Ghost model portfolio. Hypothetical.

Did agreement in direction also mean agreement in magnitude?

The sleeves moved in the same direction but by different amounts.

Direction and size on one baseline

11 Sep 2026 to 18 Sep 2026

Change from the common baseline, index points

Equity0.189

Fixed income0.196

Recorded sleeve observations. Not whole-portfolio attribution.

Inspect the recorded path

Equity sleeve ↗Fixed income ↗

Inspect a recorded session18 Sep 2026: equity 100.19; fixed income 100.20.

Lines joined recorded observations. No missing values were filled. This window was not the day’s return.

Recorded observations

Sleeve indices from the common baseline
Date	Equity	Fixed income
11 Sep	100.00	100.00
14 Sep	100.30	100.09
15 Sep	100.91	100.12
16 Sep	101.40	100.14
17 Sep	100.16	100.17
18 Sep	100.19	100.20

A common baseline made relative paths comparable. Sleeve weights and the rest of the portfolio were still needed to establish contributions to the whole book.

Magnitude

Magnitude / Ukubwa wa badiliko
Magnitude described the size of a change. Two changes could share a direction while differing in size.

Source: the Ghost tracker for the closing date. Each sleeve was divided by its own exact first observation in this window and rebased to a shared starting point. The comparison established neither a trade, a causal explanation nor whole-book attribution.

Continue learning →Earlier studies ↗

Full portfolio ↗

Closing-session evidence18 Sep 2026 / DSE

What sat behind the equity headline

Shared historical comparison: 14. 28 Aug 2026 to 16 Sep 2026.

Leading counter’s turnover share

Moved lower in the historical range

17 Sep 2026: 90.53%14/14 below
18 Sep 2026: 55.34%6/14 below

Position counts historical observations strictly below each record. It does not measure the size of the change; equal values do not count as lower.

Advancing share of traded movers

Moved lower in the historical range

17 Sep 2026: 43.75%4/14 below
18 Sep 2026: 38.46%3/14 below

Position counts historical observations strictly below each record. It does not measure the size of the change; equal values do not count as lower.

None belowHalf belowAll below

Source and method

Source: After the Bell. Position shows the share of prior observations strictly below the close, not the size of the difference. Both measures and both displayed dates used the same complete cohort. Both displayed dates were excluded when a prior comparison was available. Ties counted in the denominator but not as lower observations. This held sample was not the full available archive.

Market record ↗