Dar es Salaam Stock Exchange Report – Week 37, 2024: 325% Surge in Turnover and 800% Increase in Trading Volume

DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report

The trading week ending Friday, 13th September 2024, at the Dar es Salaam Stock Exchange (DSE) witnessed a dramatic surge in both turnover and trading volume, marking a sharp rebound after two weeks of subdued activity.

Turnover and Volume

During Week 37 of 2024, the DSE recorded a total turnover of TZS 2,926.89 million from 8,460,355 shares traded in 1,601 deals.

This represents an increase of 325.67% in total turnover and 800.92% in volume traded compared to the previous week, which saw a turnover of TZS 687.59 million from 939,071 shares traded.

Market Capitalization

At the close of Week 37 of 2024, the total market capitalization and domestic market capitalization of listed shares at the DSE amounted to TZS 17,500.65 billion and TZS 12,223.30 billion, respectively.

This reflects a decrease of -1.00% in total market capitalization and a decrease of -0.61% in domestic capitalization compared to the previous week’s close figures of TZS 17,678.69 billion and TZS 12,299.47 billion.

Bond Market

During week 37 of 2024, the bond market recorded transactions worth TZS 99.88 billion, representing an increase of 315.99% compared to TZS 24.01 billion the previous week.

Indexes

At the close of Week 37, 2024, all indices experienced a decline in value, with the exception of the Industrial & Allied (IA) and Commercial Services (CS) indices, both of which remained unchanged.

IndexClosing Value 6th September 2024Closing Value 13th September 2024Variation
All Share Index (DSEI)2,118.142,096.80-1.01%
Tanzania Share Index (TSI)4,643.454,614.70-0.62%
Industrial & Allied (IA)5,072.275,072.270.00%
Banks, Finance & Investment (BI)5,830.955,735.69-1.63%
Commercial Services (CS)2,134.272,134.270.00%

Stock Performances

At the close of Week 37, 2024, two stocks showed notable price gains: DCB appreciated by 10.71%, while MNG rose by 6.67%. The biggest loser of the week was NICO, which declined by -5.26%.

StockClosing Price (TZS) 6th September 2024Closing Price (TZS) 13th September 2024Variation %
AFRIPRISE (formerly TICL)2302300.00%
CRDB670660-1.49%
DCB14015510.71%
DSE2,4002,4401.67%
EABL3,1903,170-0.63%
JATU2652650.00%
JHL3,2403,230-0.31%
KA**80800.00%
KCB710680-4.23%
MBP3403400.00%
MCB3103100.00%
MKCB5605600.00%
MUCOBA4004000.00%
NICO760720-5.26%
NMB5,4005,300-1.85%
NMG3003206.67%
PAL4004000.00%
SWALA4504500.00%
SWIS1,0001,0000.00%
TBL10,90010,9000.00%
TCC17,00017,0000.00%
TCCL1,6001,6000.00%
TOL7007000.00%
TPCC3,8403,8400.00%
TTP1101100.00%
USL550.00%
VODA7707700.00%
YETU5105100.00%
**Suspended.

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.

Download Free Guide
Related Posts
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
Read More

Dar es Salaam Stock Exchange Week 17 of 2026: Equity Turnover Drops to TZS 31.60 Billion as AFRIPRISE Stands as the Only Positive Performer (+0.63%)

During Week 17 of 2026, the Dar es Salaam Stock Exchange experienced a broad contraction in liquidity, with total equity turnover dropping by -11.30% to TZS 31.60 billion and bond turnover falling by -64.94%. Market sentiment was overwhelmingly bearish, pulling down all primary indices, though AFRIPRISE defied the trend to lead as the only advancing stock, gaining +0.63%.
Tanzania Building African Financial Markets Forum (BAFM) 2026 July
Read More

Building African Financial Markets Forum (BAFM): 1-3 July 2026, Dar es Salaam

Tanzania will host the 13th edition of the Building African Financial Markets (BAFM) Forum on 1-3 July 2026 in Dar es Salaam, jointly organized by the Dar es Salaam Stock Exchange (DSE) and the African Securities Exchanges Association (ASEA). The forum will convene CEOs of African stock exchanges, regulators, pension funds, brokers, and development finance institutions, including AfDB, IFC, and the World Bank, to discuss liquidity, fintech, cross-border listings, AfCFTA capital flows, ESG instruments, ETFs, REITs, and SME platforms.
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
Read More

Dar es Salaam Stock Exchange Week 16 of 2026: Equity Turnover Surges as MBP (+12.61%) Leads as Best Stock Performer

During Week 16 of 2026, the Dar es Salaam Stock Exchange (DSE) experienced a massive resurgence in liquidity across multiple asset classes. Total equity turnover soared by 156.63% to TZS 35.62 billion, driven by substantial block trades in CRDB. Share volume also expanded significantly, jumping +73.13% from the previous week. The bond market saw an even more dramatic expansion, with turnover skyrocketing by +780.56% to TZS 256.42 billion. Despite the influx of capital and robust trading activity, market sentiment remained bearish for equities. This widespread negative price movement resulted in contractions across all primary DSE indices. Among the few bright spots in the market, MBP emerged as the week’s biggest winner, appreciating by +12.61%.
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
Read More

Dar es Salaam Stock Exchange Week 15 of 2026: Equity Turnover Contracts in a 3-Day Week as KA (+27.27%) and PAL (+18.68%) Lead as Best Stock Performers

During Week 15 of 2026, the Dar es Salaam Stock Exchange (DSE) experienced a pullback in overall equity, ETF, and bond trading activity, primarily due to a shortened three-day trading week in observance of Easter Monday and Karume Day. Total equity turnover dropped by -36.88% to TZS 13.88 billion, and share volume decreased by -6.39% compared to the prior week. The ETF market also saw a turnover decline of -21.52%, while the bond market contracted sharply by -62.72% to post TZS 29.12 billion in turnover. Despite the reduced liquidity, stock price movements were overwhelmingly positive, lifting all primary indices across the board. KA led the gainers by appreciating +27.27%, followed by PAL, which gained +18.68%.