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.

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

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 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 24 of 2026: Equity Turnover Surges +30.51% to TZS 27.03 Billion as TOL (+30.63%) Leads as Best Stock Performer

The Dar es Salaam Stock Exchange recorded equity turnover of TZS 27.03 billion during Week 24 of 2026, a week-on-week rise of +30.51%, on 6,955,576 shares traded across 21,844 deals. TOL advanced +30.63%, KA gained +4.35%, and EABL rose +4.34%, while MUCOBA fell -15.45%, AFRIPRISE declined -12.32%, and MCB dropped -11.97%. Total market capitalisation closed the week at TZS 33,778.87 billion as the DSEI edged -1.17% and the Commercial Services index slid -4.58%. Foreign investors were net sellers, registering a net outflow of USD -5,540,226. Bond market turnover reached TZS 50.76 billion, contracting -42.21% week-on-week.
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
Read More

Dar es Salaam Stock Exchange Week 23 of 2026: Equity Turnover Surges +51.19% to TZS 20.71 Billion as MUCOBA (+38.20%) and TOL (+22.65%) Lead Gainers

During Week 23 of 2026 (June 1-5), DSE equity turnover surged +51.19% to TZS 20.71 billion on volume of 6,557,479 shares across 19,464 deals. MUCOBA (+38.20%), TOL (+22.65%) and MCB (+12.50%) led gainers, while NMG (-3.77%), TBL (-3.36%) and EABL (-3.01%) topped losers. Total market capitalisation closed at TZS 34,178.81 billion with the DSEI essentially flat at -0.04%, and Commercial Services (+3.06%) was the standout index. Foreign investors were net sellers at USD -1,690,466. Bond turnover totaled TZS 87.84 billion, down -6.30% week-on-week.