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.

Tanzania Investment Guide 2026 Free Edition

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.

TanzaniaInvest Capital Markets Report Banner

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

        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 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.
        DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
        Read More

        Dar es Salaam Stock Exchange Market Capitalisation Surpasses TZS 40 Trillion for the First Time During Week 37 of 2026, Closing at TZS 40.61 Trillion

        The Dar es Salaam Stock Exchange total market capitalisation surpassed TZS 40 trillion for the first time in its history during Week 37 of 2026, closing at TZS 40.61 trillion, a +2.97% weekly gain that extends a four-month rally of roughly +22% from TZS 33.26 trillion at end-May 2026. Equity turnover fell -29.31% to TZS 61.07 billion, with TCCL (+10.28%), NMB (+8.42%), and TCC (+6.67%) leading gainers while DCB (-9.18%), TTP (-5.26%), and KCB (-4.50%) topped decliners. The DSEI advanced +2.97% and the Banks, Finance & Investment index rose +7.04%. Bond market turnover reached TZS 81.01 billion, down -34.76% week-on-week.