Dar es Salaam Stock Exchange Week 30 of 2025: Equity Turnover Down -16.96%, DSE Gains 15.00%, PAL Down -14.75%

Week 30 of 2025 saw equity turnover on the Dar es Salaam Stock Exchange drop -16.96% week-on-week to TZS 20.63 bn on 16.67 m shares, driven by 13.09 m CRDB shares, while bond turnover jumped +77.03% to TZS 106.73 bn and total market capitalisation edged down -0.29% to TZS 20,733.93 bn. The Banks, Finance & Investment Index rose +0.26% as the Industrial & Allied Index fell -1.64%; DSE gained +15.00% and PAL fell -14.75%.
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report

Week 30 of 2025, ending Friday 25 July, recorded equity turnover of TZS 20.63 bn (-16.96% week-on-week), bond turnover of TZS 106.73 bn (+77.03%), and a -0.29% move in total market capitalisation.

Equity Turnover and Volume

Equity turnover reached TZS 20.63 bn, down -16.96% from the previous week’s TZS 24.84 bn. Share volume rose to 16.67 m from 9.32 m, an increase of +78.95%.

CRDB dominated activity with 13.09 m shares, followed by DCB (1.35 m) and TBL (0.69 m), together accounting for 91% of total volume.

Tanzania Investment Guide 2026 Free Edition

RankStockWeek-Total Shares Traded
1CRDB13,093,794
2DCB1,347,785
3TBL688,998
4NICO454,266
5AFRIPRISE326,351
6KCB300,000
7VODA282,851
8NMB119,200
9TPCC19,032
10MBP9,096
11SWIS8,911
12DSE4,249
13TOL3,938
14PAL3,889
15MCB2,323
16MKCB2,059
17TCC1,429
18MUCOBA1,159
19TCCL153

Market Capitalisation

Total market capitalisation stood at TZS 20,733.93 bn at the end of Week 30 2025, a -0.29% change from TZS 20,794.18 bn the week before. Domestic market capitalisation declined -0.96% to TZS 13,445.23 bn from TZS 13,575.63 bn.

Bond Market

Bond turnover totalled TZS 106.73 bn, up +77.03% from Week 29’s TZS 60.29 bn.

Government securities amounted to about TZS 106.61 bn across 89 deals, led by 20-year 15.25% paper worth TZS 21.00 bn (25 Jul), 20-year 15.49% issues totalling TZS 15.24 bn (25 Jul), and a 25-year 15.75% tranche of TZS 11.10 bn (23 Jul).

Corporate bonds contributed roughly TZS 0.12 bn from 17 deals in 3-, 5- and 10-year notes priced between ~85% and 100% of face value.

Indexes

Only the Banks, Finance & Investment Index (BI) posted a gain, up +0.26%, while the Industrial & Allied Index (IA) led decliners at -1.64%. The All-Share Index (DSEI) eased -0.29%, the Tanzania Share Index (TSI) fell -0.66%, and the Commercial Services Index (CS) dropped -1.21%.

TanzaniaInvest Capital Markets Report Banner

IndexClosing Value 18th July 2025Closing Value 25th July 2025Variation
All Share Index (DSEI)2,425.872,418.85-0.29%
Tanzania Share Index (TSI)5,112.895,078.91-0.66%
Industrial & Allied (IA)4,908.014,827.76-1.64%
Banks, Finance & Investment (BI)8,227.018,248.400.26%
Commercial Services (CS)1,554.651,535.82-1.21%

Stock Performances

DSE led the gainers, rising +15.00% to TZS 3,450, followed by DCB (+10.71% to TZS 155) and AFRIPRISE (+8.97% to TZS 425), with TOL up +5.26% and SWIS up +4.67%.

On the downside, PAL fell -14.75% to TZS 260, while NICO slipped -2.04%, TCC -1.98%, TBL -1.96%, TPCC -0.93%, and VODA -0.93%.

Heavy-weight CRDB closed unchanged at TZS 1,000 on 13.09 m shares; NMB was flat at TZS 7,320, and KCB added +1.00% to TZS 1,010.

StockClosing Price (TZS) 18th July 2025Closing Price (TZS) 25th July 2025Variation %
AFRIPRISE3904258.97%
CRDB1,0001,0000.00%
DCB14015510.71%
DSE3,0003,45015.00%
EABL4,1604,1600.00%
JATU2652650.00%
JHL4,8004,8000.00%
KA1051050.00%
KCB1,0001,0101.00%
MBP4804902.08%
MCB2302300.00%
MKCB1,3201,3200.00%
MUCOBA4004000.00%
NICO1,4701,440-2.04%
NMB7,3207,3200.00%
NMG2802800.00%
PAL305260-14.75%
SWALA4504500.00%
SWIS1,5001,5704.67%
TBL9,6909,500-1.96%
TCC15,69015,380-1.98%
TCCL1,9401,9802.06%
TOL7608005.26%
TPCC5,3705,320-0.93%
TTP1201200.00%
USL550.00%
VODA540535-0.93%
YETU5105100.00%

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
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.
Dar es Salaam Stock Exchange (DSE) Market Review August 2026 by Kadoo Securities
Read More

Dar es Salaam Stock Exchange (DSE) Market Review August 2026 by Kadoo Securities: Index Up 7.4%, Turnover Down 67%

The Dar es Salaam Stock Exchange market review for August 2026 by Kadoo Securities shows the DSE share index up 7.4% and equity turnover down 67% month on month to TZS 146.4 billion, with NMB Bank Plc's share split driving a 20.02% monthly gain. Kadoo's five August picks are NMB, CRDB Bank Plc, Vodacom Tanzania Plc, Tanzania Cigarette Company Plc and National Investment Company Limited, while TOL Gases Limited's 38.6% rise remains a rights-issue watch rather than a pick.