Dar es Salaam Stock Exchange Report – Week 38, 2024: Sharp Drop in Turnover, SWIS Rises 10%

DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report

The four-day trading week ending on Friday, 20th September 2024, at the Dar es Salaam Stock Exchange (DSE) saw a significant drop in both turnover and trading volume, while market capitalization increased.

Turnover and Volume

During Week 38 of 2024, the DSE recorded a total turnover of TZS 1,027.82 million from 1,460,640 shares traded in 1,263 deals.

Tanzania Investment Guide 2026 Free Edition

This represents a decrease of -64.88% in total turnover and -82.73% in volume traded compared to the previous week, which saw a turnover of TZS 2,926.89 million from 8,460,355 shares traded.

Market Capitalization

At the close of Week 38 of 2024, the total market capitalization and domestic market capitalization of listed shares at the DSE amounted to TZS 17,616.58 billion and TZS 12,226.30 billion, respectively.

This reflects an increase of 0.66% in total market capitalization and 0.02% in domestic capitalization compared to the previous week’s close figures of TZS 17,500.65 billion and TZS 12,223.30 billion.

Bond Market

TanzaniaInvest Capital Markets Report Banner

During week 38 of 2024, the bond market recorded transactions worth TZS 42.74 billion, representing a decrease of -57.20% compared to TZS 99.88 billion the previous week.

Indexes

At the close of Week 38, 2024, all indices gained in value, except for the Banks, Finance & Investment (BI) index, which lost value, and the Industrial & Allied (IA) index, which remained unchanged.

IndexClosing Value 13th September 2024Closing Value 20th September 2024Variation
All Share Index (DSEI)2,096.802,110.690.66%
Tanzania Share Index (TSI)4,614.704,615.820.02%
Industrial & Allied (IA)5,072.275,072.270.00%
Banks, Finance & Investment (BI)5,735.695,734.94-0.01%
Commercial Services (CS)2,134.272,138.480.20%

Stock Performances

At the close of Week 38, 2024, SWIS showed a notable price gain of 10%. The biggest loser of the week was NMG, which declined by -3.13%.

StockClosing Price (TZS) 13th September 2024Closing Price (TZS) 20th September 2024Variation %
AFRIPRISE (formerly TICL)2302300.00%
CRDB6606600.00%
DCB1551603.23%
DSE2,4402,420-0.82%
EABL3,1703,2301.89%
JATU2652650.00%
JHL3,2303,3403.41%
KA**80800.00%
KCB6807002.94%
MBP3403400.00%
MCB3103100.00%
MKCB5605600.00%
MUCOBA4004000.00%
NICO720710-1.39%
NMB5,3005,3000.00%
NMG320310-3.13%
PAL4004000.00%
SWALA4504500.00%
SWIS1,0001,10010.00%
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 Capital Markets in Tanzania? Our upcoming Capital Markets Guide covers the Dar es Salaam Stock Exchange (DSE), listed companies, bonds, and private equity, plus the regulatory framework for investing in Tanzania’s capital markets.

Learn More

Want to know more about the Capital Markets in Tanzania? Our free overview of the Tanzania Business and Investment Guide 2026 covers the Capital Markets, plus key sectors and investment opportunities. The complete 141-page edition includes policies, taxation, key regulations, full macroeconomic data, and sources, and is also available at no cost upon completion of a short form.

Download Free OverviewGet the Full Edition for Free
Related Posts
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
Read More

Dar es Salaam Stock Exchange Week 38 of 2026: Equity Turnover Drops -13.12% to TZS 53.05 Billion as AFRIPRISE (+22.31%) Leads as Best Stock Performer

The Dar es Salaam Stock Exchange recorded equity turnover of TZS 53.05 billion in Week 38 of 2026, a week-on-week decline of -13.12%. AFRIPRISE led gainers at +22.31%, followed by VODA at +9.91%, while MUCOBA headed the losers at -11.96% and NMG fell -7.69%. Total market capitalisation stood at TZS 40,118.89 billion as the DSEI moved -1.20% and the Commercial Services index advanced +9.22%. Bond market turnover reached TZS 104.05 billion, rising +28.44% week-on-week.
Tanzania Financial Markets Week to 18 September 2026: 5-Year Bond Yield Falls to 9.5275%, Shilling Eases to TZS 2,641.34/USD
Read More

Tanzania Financial Markets Week to 18 September 2026: 5-Year Bond Yield Falls to 9.5275%, Shilling Eases to TZS 2,641.34/USD

Tanzania's financial markets in the week to 18 September 2026 saw the 5-year Treasury bond yield fall to 9.5275% from 10.3861%, on a 2.73x oversubscribed auction that allotted TZS 143.57 billion with Banks taking 96.57%. The shilling eased 0.13% to TZS 2,641.34 per US dollar, the 7-day interbank rate slipped to 6.72%, and BOT injected TZS 852.00 billion through reverse repurchase agreements.
Tanzania Financial Markets Week to 11 September 2026: Treasury Bills Oversubscribed by TZS 401.80 Billion, Shilling Firms to TZS 2,637.97/USD
Read More

Tanzania Financial Markets Week to 11 September 2026: Treasury Bills Oversubscribed by TZS 401.80 Billion, Shilling Firms to TZS 2,637.97/USD

Tanzania's Treasury bills auction on 9 September 2026 drew bids of TZS 690.50 billion against a TZS 288.70 billion offer, an oversubscription of TZS 401.80 billion, with the 364-day tenor covered 3.78x at 6.4735%. The shilling firmed 0.04% to TZS 2,637.97 per US dollar, the interbank 7-day rate rose to 6.75%, and outstanding government securities reached TZS 33,227.33 billion.
Tanzania sovereign yield curve as at 4 September 2026, Bank of Tanzania
Read More

Tanzania Financial Markets Week to 4 September 2026: 10-Year Bond Yield Rises to 10.6924%, Shilling Firms to TZS 2,638.96/USD

Tanzania's financial markets closed the week to 4 September 2026 with the 10-year Treasury bond yield at 10.6924%, up from 10.3861%, after investors tendered TZS 364.96 billion against TZS 182.90 billion offered. The shilling appreciated 0.16% to TZS 2,638.96 per US dollar, retail foreign exchange turnover rose to USD 668.24 million from USD 544.24 million, and outstanding government securities reached TZS 33,010.54 billion.