Dar es Salaam Stock Exchange Week 28 2025: Equity Turnover Down -31.58%, NICO Gains 23.62%, AFRIPRISE Down -2.86%

Week 28 of 2025, a four-day trading week due to the Saba Saba public holiday on Monday 7 July, saw equity turnover on the Dar es Salaam Stock Exchange fall 31.58% week-on-week to TZS 18.56 bn on 15.13 m shares, led by 12.96 m CRDB shares, while bond turnover dropped 81.21% to TZS 58.40 bn and total market capitalisation increased 3.99% to TZS 20,883.96 bn. The Banks, Finance & Investment Index advanced 8.27%, the Industrial & Allied Index lagged at 0.65%; NICO gained 23.62% and AFRIPRISE declined -2.86%.
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report

Week 28 of 2025, ending Friday, 11 July, was shortened to four sessions due to the Saba Saba holiday and recorded equity turnover of TZS 18.56 bn, bond turnover of TZS 58.40 bn, and a 3.99% rise in total market capitalization.

Turnover and Volume

Equity turnover reached TZS 18.56 bn, down -31.58% from the previous week’s TZS 27.13 bn. Share volume fell -14.51% to 15.13 m from 17.70 m.

CRDB dominated trading with 12.96 m shares, followed by KCB (0.90 m) and TBL (0.65 m), together accounting for 96% of total volume.

Tanzania Investment Guide 2026 Free Edition

StockWeek-Total Shares Traded
CRDB12,955,631
KCB900,000
TBL648,229
AFRIPRISE253,017
VODA109,837
TPCC73,413
DCB63,448
NICO46,601
JHL17,300
SWIS16,797
MCB11,215
MBP10,775
MKCB9,305
NMB7,424
DSE7,114
PAL833
TOL347
TCC320
MUCOBA110
TTP110

Market Capitalisation

Total market capitalisation rose to TZS 20,883.96 bn at the close of Week 28, 2025, a 3.99% increase from TZS 20,082.90 bn the week before. Domestic market capitalisation grew 4.17% to TZS 13,575.63 bn from TZS 13,032.72 bn.

Bond Market

Bond turnover totalled TZS 58.40 bn, down -81.21% from Week 27’s TZS 310.77 bn.

Government securities supplied about TZS 58.29 bn across 54 deals, led by a 10-year 11.44% tranche worth TZS 25.00 bn (9 Jul), a 20-year 15.49% issue of TZS 5.06 bn (11 Jul) and a 25-year 15.95% placement of TZS 1.36 bn (10 Jul).

Corporate bonds contributed roughly TZS 0.11 bn from seven small trades in 3- and 5-year notes.

Indexes

All five DSE benchmarks advanced during the shortened four-session week. The Banks, Finance & Investment Index led with an 8.27% gain, while the Industrial & Allied Index was the smallest riser at 0.65%. The All-Share Index added 4.16%, the Tanzania Share Index climbed 4.17%, and the Commercial Services Index increased 0.95%.

Tanzania Investment Guide 2026 Full Edition

IndexClosing Value 4th July 2025Closing Value 11th July 2025Variation
All Share Index (DSEI)2,339.002,436.334.16%
Tanzania Share Index (TSI)4,923.075,128.164.17%
Industrial & Allied (IA)5,068.295,101.050.65%
Banks, Finance & Investment (BI)7,443.898,059.688.27%
Commercial Services (CS)1,487.471,501.590.95%

Stock Performances

Insurance group NICO topped the gainers, jumping 23.62% to TZS 1,230, followed by CRDB (+14.29% to TZS 1,000) and TPCC (+12.96% to TZS 6,100). AFRIPRISE led the decliners, slipping -2.86% to TZS 340, while MCB fell -2.17% and brewer TBL eased -1.98%.

StockClosing Price (TZS) 4th July 2025Closing Price (TZS) 11th July 2025Variation %
AFRIPRISE350340-2.86%
CRDB8751,00014.29%
DCB1401400.00%
DSE2,9403,0002.04%
EABL3,8604,2209.33%
JATU2652650.00%
JHL4,8004,8000.00%
KA1001055.00%
KCB1,0001,0000.00%
MBP4905002.04%
MCB230225-2.17%
MKCB1,1001,22010.91%
MUCOBA4004000.00%
NICO9951,23023.62%
NMB6,8007,1004.41%
NMG2802903.57%
PAL3053050.00%
SWALA4504500.00%
SWIS1,4801,5001.35%
TBL10,0809,880-1.98%
TCC16,33016,010-1.96%
TCCL1,9401,9400.00%
TOL7207605.56%
TPCC5,4006,10012.96%
TTP1201200.00%
USL550.00%
VODA5155200.97%
YETU5105100.00%

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.

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