Dar es Salaam Stock Exchange Report – Week 50, 2024: Shortened Trading Week with Moderate Activity

The Dar es Salaam Stock Exchange (DSE) recorded a turnover of TZS 3.87 billion in Week 50, 2024, across 1.79 million shares traded during a four-day week. High-value trades in 15-year and 25-year bonds dominated the bond market, while the All Share Index (DSEI) dropped by 2.24%, driven by declines in cross-listed stocks. TOL emerged as the top gainer, while NMG led losses.
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report

The trading week ending Friday, 13th December 2024, at the Dar es Salaam Stock Exchange (DSE) was a shortened one, with only four trading days due to a national holiday on Monday, with modest activity compared to the previous week.

Turnover and Volume

For the week ending Friday, 13th December 2024, the DSE recorded a total turnover of TZS 3,873.82 million from 1,794,517 shares traded in four trading days.

This represents a -79.69% decrease in turnover and a -90.33% decrease in trading volume compared to Week 49, which had a turnover of TZS 19,074.15 million and 18,559,165 shares traded across five days.

Stock Trading Activity

The top traded stocks during Week 50 were:

StockNormal Board (Shares)Pre-arranged Trades (Shares)Total Shares Traded
CRDB1,093,51301,093,513
NMB39,838500,000539,838
TPCC46,145046,145
AFRIPRISE33,991033,991
TOL25,625025,625

Market Capitalization

At the end of week 50, Total Market Capitalization stood at TZS 17,541.27 billion, a -2.81% decrease from the previous week’s TZS 18,049.75 billion.

Domestic Market Capitalization stood at TZS 12,218.92 billion, a -0.09% decrease from the previous week’s TZS 12,230.20 billion.

    Bond Market

    High-value trades in 15-year and 25-year government bonds dominated the bond market, contributing to a total turnover of TZS 60.62 billion across 85 deals. This represents a -68.15% decrease from the previous week’s turnover of TZS 190.36 billion in 108 deals.

    Indexes

    The All Share Index (DSEI) posted the largest decline of -2.24%, driven by weak performances in cross-listed stocks. The Tanzania Share Index (TSI) remained relatively flat, edging down slightly by -0.02%, as domestic stocks held steady. Among sector indexes, the Industrial & Allied Index (IA) fell by -0.04%, while both the Banks, Finance & Investment Index (BI) and the Commercial Services Index (CS) remained unchanged.

    IndexClosing Value 6th December 2024Closing Value 13th December 2024Variation
    All Share Index (DSEI)2,149.752,101.68-2.24%
    Tanzania Share Index (TSI)4,614.024,613.04-0.02%
    Industrial & Allied (IA)5,050.605,048.44-0.04%
    Banks, Finance & Investment (BI)5,755.275,755.100.00%
    Commercial Services (CS)2,142.692,142.690.00%

    Stock Performances

    The week’s biggest gainer was TOL, which rose by +3.08%. NMG posted the largest loss of -14.29%, followed by JHL, which declined by -12.83%, and KCB, down by -7.89%.

    Closing Price (TZS) 6th December 2024Closing Price (TZS) 13th December 2024Variation %
    2202200.00%
    6506500.00%
    1351350.00%
    2,4002,4200.83%
    3,4303,200-6.71%
    2652650.00%
    3,4302,990-12.83%
    80800.00%
    760700-7.89%
    3103100.00%
    3103100.00%
    5605600.00%
    4004000.00%
    670660-1.49%
    5,4005,4000.00%
    245210-14.29%
    4004000.00%
    4504500.00%
    1,2001,2000.00%
    10,90010,9000.00%
    17,00017,0000.00%
    1,8801,8800.00%
    6506703.08%
    3,6203,600-0.55%
    1101100.00%
    550.00%
    7707700.00%
    5105100.00%

        **Suspended

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

        Dar es Salaam Stock Exchange Week 9 of 2026: MCB and DCB Soar +33.80% and +23.96% as Market Navigates Two-Day Trading Disruption

        During Week 9 of 2026, the Dar es Salaam Stock Exchange (DSE) experienced an unexpected shortened schedule due to technical challenges that halted trading on Tuesday and Wednesday. Despite the disruption, market sentiment remained aggressively bullish, pushing Total Market Capitalisation to a record TZS 34.64 trillion. While overall equity and bond turnover declined compared to Week 8, the indices surged, led by the Banks, Finance & Investment (BI) Index (+3.55%). MCB and DCB were the top gainers, skyrocketing by +33.80% and +23.96%, respectively.
        DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
        Read More

        Dar es Salaam Stock Exchange Week 8 of 2026: Equity Turnover Surges by +49.80%, MCB Skyrockets by +52.69%

        During Week 8 of 2026 (February 16th–20th), the Dar es Salaam Stock Exchange (DSE) witnessed robust trading activity, with Equity Turnover surging by +49.80% to TZS 87.80 billion. The Banks, Finance & Investment (BI) Index continued its strong rally, gaining +7.77%. MCB was the standout performer, recording a massive +52.69% price appreciation. The Bond Market also saw a significant increase in activity, generating TZS 167.47 billion in turnover. Total Market Capitalisation expanded to TZS 33.75 trillion.
        DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
        Read More

        Dar es Salaam Stock Exchange Week 7 of 2026: Equity Turnover Rises to TZS 58.61 Billion as MCB, MKCB, and MBP Post Extraordinary Gains of +46.46%, +43.51%, and +40.49%

        During Week 7 of 2026 (February 9th – 13th), the Dar es Salaam Stock Exchange (DSE) witnessed a spectacular rally in equity prices, pushing the Banks, Finance & Investment (BI) Index up by +10.06%. Three stocks—MCB, MKCB, and MBP—recorded extraordinary gains of over +40% each. Equity Turnover surged by +32.93% to TZS 58.61 billion, while the bond market activity moderated to TZS 105.42 billion after the previous week's record highs. Total Market Capitalisation expanded by +5.90% to reach TZS 32.64 trillion.
        DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
        Read More

        Dar es Salaam Stock Exchange Week 6 of 2026: Total Market Capitalisation Surpass TZS 30 trillion and Domestic Capitalisation Exceed TZS 20 trillion as Banks Rally

        During Week 6 of 2026, the Dar es Salaam Stock Exchange (DSE) achieved a historic milestone as Total Market Capitalisation crossed the TZS 30 trillion mark, closing at TZS 30.82 trillion, and the Domestic Market Capitalisation crossed the TZS 20 trillion mark, closing at TZS 21.25 trillion. The stock market witnessed explosive growth in the banking sector, the bond market recorded a phenomenal turnover of TZS 258.61 billion. USL was the surprise top gainer, skyrocketing +400.00%, while CRDB and NICO posted robust gains of +22.93% and +21.74%, respectively.