Dar es Salaam Stock Exchange Report Week 19 of 2024: Turnover Up by 72%

The trading week ending on Friday, May 10th, 2024, at the Dar es Salaam Stock Exchange (DSE) showed, for the second consecutive week, a massive increase in turnover and volume of shares traded compared to the previous week.

Turnover and Volume

During week 19 of 2024, the Dar es Salaam Stock Exchange (DSE) recorded a total turnover of TZS 7.56 billion from 11,374,098 shares traded in 1,092 deals.

This represents a 72.2% increase in total turnover and a 53.39% increase in volume traded compared to the previous week (TZS 4.39 billion and 7,386,187 shares traded).

          Market Capitalization

          During the trading week ending 10th May 2024, the Total Market Capitalization and the Domestic Market Capitalization of the listed shares at DSE reached TZS 14,894.44 trillion and TZS 11,772.06 trillion respectively.

          Bond Market

          In the trading week that ended on 10th May 2024, the bonds market recorded transactions worth TZS 109.72 billion, equal to a 135% decrease compared to transactions worth TZS 46.69 billion during the previous week.

          Indexes

          In week 19 of 2024, all indexes showed little to no variation in their values.

          IndexClosing Value 2nd May 2024Closing Value 10th May 2024Variation
          All Share Index (DSEI)1,784.501,784.550.00%
          Tanzania Share Index (TSI)4,444.104,444.330.01%
          Industrial & Allied (IA)5,167.805,167.810.00%
          Banks, Finance & Investment (BI)5,034.905,035.410.01%
          Commercial Services (CS)2,134.202,134.270.00%

          Stock Performances

          In week 19 of 2024, NICO was the only stock to experience a price appreciation of 1.32%, while MKCB was the only stock to experience a decline, at -1.59%

          StockClosing Price (TZS) 2nd May 2024Closing Price (TZS) 10th May 2024Variation %
          CRDB5605600.00%
          DCB1301300.00%
          DSE1,8601,8600.00%
          EABL1,8401,8400.00%
          JATU2652650.00%
          JHL2,9802,9800.00%
          KA**80800.00%
          KCB3153150.00%
          MBP3003000.00%
          MCB3103100.00%
          MKCB630620-1.59%
          MUCOBA4004000.00%
          NICO7607701.32%
          NMB4,7404,7400.00%
          NMG3153150.00%
          PAL4004000.00%
          SWALA4504500.00%
          SWIS1,0001,0000.00%
          TBL10,90010,9000.00%
          TCC17,00017,0000.00%
          TCCL2,0002,0000.00%
          TICL1901900.00%
          TOL6906900.00%
          TPCC4,3004,3000.00%
          TTP1201200.00%
          USL550.00%
          VODA7707700.00%
          YETU5105100.00%
          ** Kenya Airways PLC (KA) suspension from trading on its Primary Market at the Nairobi Securities Exchange (NSE) has been extended from 5 January 2023 to 5 January 2024. Meanwhile, KA shares have also been suspended from trading at the DSE from 6th July 2020 as per rule 57(1) and (2) of the DSE Rules, 2016.

          This market report is courtesy of CORE Securities, a leading brokerage and provider of investment advisory services in capital markets in Tanzania and the SADC Region. For assistance with trading on the Dar es Salaam Stock Exchange (DSE), call +255 754 303759 or +255 622 303 759 or write to ddario@coresecurities.co.tz.

          Want to know more about the Capital Markets in Tanzania? Our free Tanzania Business and Investment Guide 2026 covers the Capital Markets, plus regulations, key sectors, and investment opportunities—all in one place.

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