Dar es Salaam Stock Exchange Week 34 of 2025: Equity Turnover Down -74.58%, DCB +39.02%, NICO -32.65%

Week 34 of 2025 at the DSE recorded equity turnover of TZS 9.38 billion (-74.58% WoW) on 7.83 million shares traded (-63.75%) as bond turnover rose to TZS 257.51 billion (+28.50%). Total market capitalisation declined -2.73%. All five indices closed lower, led by the Banks, Finance & Investment Index (-7.93%); top-gaining stocks included DCB (+39.02%) and MKCB (+28.38%), while NICO fell -32.65%.
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report

The trading week ending Friday 22nd August 2025 at the Dar es Salaam Stock Exchange (DSE), recorded equity turnover of TZS 9.38 billion (-74.58% week-on-week), bond turnover of TZS 257.51 billion (+28.50%), and a -2.73% decline in total market capitalisation.

Equity Turnover and Volume

Equity turnover reached TZS 9.38 billion, down -74.58% from the previous week’s TZS 36.90 billion. Share volume decreased to 7.83 million from 21.60 million, a -63.75% change.

Trading volume was heavily concentrated. DCB led activity with 3.75 million shares traded, followed by CRDB with 2.06 million shares. Together, these two counters accounted for 74% of the week’s total equity volume.

Tanzania Investment Guide 2026 Free Edition

Other notable contributors to volume included KCB (544,793 shares), AFRIPRISE (496,221 shares), and VODA (279,975 shares).

StockWeek-Total Shares Traded
DCB3,746,628
CRDB2,056,874
KCB544,793
AFRIPRISE496,221
VODA279,975
NMB227,294
TBL213,258
JHL64,200
MKCB44,202
MBP39,018
NICO26,151
TOL16,885
TPCC14,586
PAL14,479
DSE11,246
SWIS9,234
TTP7,324
TCC7,011
TCCL4,704
MCB4,958
MUCOBA827
EABL0
JATU0
KA0
NMG0
SWALA0
USL0
YETU0

Market Capitalisation

Total market capitalisation stood at TZS 21,999.74 billion at the end of Week 34 2025, down -2.73% from TZS 22,616.14 billion a week earlier. Domestic market capitalisation decreased by -6.14% to TZS 14,254.60 billion from TZS 15,187.60 billion.

Bond Market

Bond turnover totalled TZS 257.51 billion, up 28.50% week-on-week from TZS 200.39 billion recorded in Week 33. Government securities continued to dominate activity, with trading across 7-, 10-, 15-, 20-, and 25-year maturities; corporate bond activity was minimal.

Indexes

All five DSE benchmarks declined. The Banks, Finance & Investment Index (BI) led the losses with -7.93%, followed by the Commercial Services Index (CS) at -6.19%, the Tanzania Share Index (TSI) at -6.14%, the Industrial & Allied Index (IA) at -3.13%, and the All-Share Index (DSEI) at -2.73%.

IndexClosing Value 15th August 2025Closing Value 22nd August 2025Variation
All Share Index (DSEI)2,638.422,566.50-2.73%
Tanzania Share Index (TSI)5,737.095,384.65-6.14%
Industrial & Allied (IA)4,434.024,295.44-3.13%
Banks, Finance & Investment (BI)10,751.239,898.29-7.93%
Commercial Services (CS)1,752.601,644.14-6.19%

Stock Performances

Gains were led by DCB (+39.02%), MKCB (+28.38%), and MCB (+21.31%), while losses were recorded by NICO (-32.65%), CRDB (-20.13%), and TPCC (-10.46%).

Tanzania Investment Guide 2026 Full Edition

StockClosing Price (TZS) 15th August 2025Closing Price (TZS) 22nd August 2025Variation %
AFRIPRISE5005306.00%
CRDB1,5901,270-20.13%
DCB20528539.02%
DSE4,5504,9208.13%
EABL4,1604,1600.00%
JATU2652650.00%
JHL5,5005,7704.91%
KA1051050.00%
KCB1,0401,1409.62%
MBP865830-4.05%
MCB30537021.31%
MKCB2,2202,85028.38%
MUCOBA4004000.00%
NICO1,9601,320-32.65%
NMB8,0208,3103.62%
NMG2802800.00%
PAL255220-13.73%
SWALA4504500.00%
SWIS2,3202,110-9.05%
TBL7,8107,790-0.26%
TCC15,08014,490-3.91%
TCCL2,2602,3604.42%
TOL9001,00011.11%
TPCC5,6405,050-10.46%
TTP12013512.50%
USL550.00%
VODA605570-5.79%
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.

Download Free OverviewGet the Full Guide
Related Posts
Vintan Mbiro Breakthrough Attorneys Brighton Kinemo TIB Rasilimali Signing MOU
Read More

Tanzanian Development Bank and Private Law Firm Sign MoU on Trust Fund Management

Tanzanian stockbroker and financial advisory firm TIB Rasilimali and law firm Breakthrough Attorneys signed an MoU to provide trust fund management and wealth advisory services in Tanzania. The agreement brings together legal advisory, trust structuring and fiduciary services with investment advisory, securities brokerage, portfolio management and capital markets services.
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
Read More

Dar es Salaam Stock Exchange Week 31 of 2026: Equity Turnover Surges +155.54% to TZS 64.53 Billion as TCCL (+33.54%) and VODA (+21.21%) Lead Gainers

Equity turnover at the Dar es Salaam Stock Exchange surged +155.54% week-on-week to TZS 64.53 billion during Week 31 of 2026, with 15,883,064 shares changing hands across 21,680 deals. TCCL advanced +33.54%, VODA rose +21.21%, and USL gained +16.67% among the top performers, while MCB fell -53.03%, KA declined -38.89%, and PAL slipped -11.11% among the week's losers. Total market capitalisation closed at TZS 36,528.82 billion, with the DSEI rising +0.97% and the Commercial Services index leading sectoral gains at +19.91%. Bond market turnover reached TZS 84.18 billion, contracting -20.14% from the prior week.
IFC NMB Offshore Tanzanian Shilling Bond Listing
Read More

First Offshore Tanzanian Shilling Bond Lists on London Stock Exchange Raising TZS 265.2bn for SME Lending

The International Finance Corporation (IFC) has listed the first offshore Tanzanian shilling bond on the London Stock Exchange (LSE), raising TZS 265.2 bn (USD 100m equivalent) in the largest shilling-denominated issue ever placed in international capital markets. Proceeds fund a local currency facility for NMB Bank, Tanzania's second-largest, with 20% ring-fenced for women-owned MSMEs and an estimated 13,000 to 20,000 jobs expected to be supported.
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
Read More

Dar es Salaam Stock Exchange Week 30 of 2026: Equity Turnover Plunges -85.73%, KA (+56.52%) and USL (+20.00%) Lead as Best Stock Performers

Dar es Salaam Stock Exchange equity turnover plunged -85.73% week-on-week to TZS 25.25 billion across 7,226,602 shares and 13,398 deals during the five trading sessions spanning July 20th to July 24th. KA (+56.52%), USL (+20.00%), and TTP (+5.62%) ranked as the week's top gainers, while MCB (-20.48%), PAL (-7.69%), and MUCOBA (-5.10%) led declines. Total market capitalisation closed Friday at TZS 36,177.68 billion, with the DSEI advancing +0.93% and the Commercial Services index rising +2.45%. Bond market turnover reached TZS 105.41 billion, falling -39.71% week-on-week.