DAR ES SALAAM Stock Exchange (DSE) has registered a price earnings (PE) ratio increase for domestic listed companies in the first quarter of this year. The weighted average market PE ratio for domestic listed companies was trailing at 23.45 times three months to March, which was slightly higher than the PE ratio 21.00 times for three months to last December.
DSE CEO’s Quarterly Note for March attributed the share price for domestic listed firms to its earnings per share.
“This increase was…
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