Dar es Salaam Stock Exchange Week 41 of 2026: Equity Turnover Plunges -35.36% to TZS 18.02 Billion as TOL (+6.36%) Leads as Best Stock Performer

Equity turnover on the Dar es Salaam Stock Exchange fell -35.36% week-on-week to TZS 18.02 billion during Week 41 of 2026, with 7,095,006 shares changing hands across 17,486 deals. TOL advanced +6.36%, MCB gained +4.05%, and MBP rose +4.02% among the top gainers, while MUCOBA led decliners at -14.44%, followed by PAL at -4.92% and AFRIPRISE at -4.70%. Total market capitalisation stood at TZS 40,077.28 billion, as the DSEI slipped -0.74% and the Banks, Finance & Investment index retreated -1.49%. Bond market turnover reached TZS 77.35 billion, declining -6.46% from the prior week.
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report

During Week 41 of 2026, spanning October 5th to October 9th, equity turnover plunged -35.36% compared with Week 40 of 2026, with TOL (+6.36%) emerging as the week’s top gainer.

Throughout this report, individual stock and index percentage changes reflect close-to-close moves between 2nd October 2026 (Week 40 of 2026 closing day) and 9th October 2026 (Week 41 of 2026 closing day). Turnover, volume and deals comparisons reflect totals across the full trading weeks.

Equity Turnover and Volume

Equity Turnover excluding ETF trades reached TZS 18.02 billion, a plunge of -35.36% compared to Week 40 of 2026’s TZS 27.87 billion.

Tanzania Investment Guide 2026 Free Edition

A total of 7,095,006 shares changed hands across 17,486 deals, a plunge of -39.20% versus Week 40 of 2026’s 11,669,579 shares.

NMB led all counters by volume with 2,737,244 shares traded, while CRDB dominated by turnover, generating TZS 6.47 billion.

NMB, CRDB, VODA, and TCCL have featured consistently among the top five counters by turnover in recent weeks.

ETF Trading

ETF trading across the two listed funds generated combined turnover of TZS 1.05 billion on volume of 874,220 units, a +31.19% increase versus Week 40 of 2026’s TZS 799.10 million.

ETFClosing Price (TZS) 2nd October 2026Closing Price (TZS) 9th October 2026Variation
IEACLC-ETF1,4601,4600.00%
VERTEX-ETF325320-1.54%

Foreign Investor Activity

Local investors accounted for 88.83% of buying and 71.45% of selling, against foreign investor shares of 11.17% and 28.55% respectively, producing a net foreign net selling position of USD 1,189,773 for the week.

TanzaniaInvest Capital Markets Report Banner

This result extends a four-week streak of foreign net selling on the exchange.

% Local Buying% Foreign Buying% Local Selling% Foreign SellingNet Foreign Flow (USD)
88.83%11.17%71.45%28.55%-1,189,773

Market Capitalisation

Total market capitalisation closed Week 41 of 2026 at TZS 40,077.28 billion, a -0.74% change versus Week 40 of 2026’s TZS 40,376.17 billion.

Domestic market capitalisation settled at TZS 27,574.29 billion, reflecting a -1.11% decline against Week 40 of 2026.

Measure2nd October 2026 (TZS billion)9th October 2026 (TZS billion)Variation
Total Market Capitalisation40,376.1740,077.28-0.74%
Domestic Market Capitalisation27,882.9727,574.29-1.11%
ETF Market Capitalisation238.89238.62-0.11%

Indexes

Four of the five DSE indices retreated from Week 40 of 2026, with Banks, Finance & Investment posting the steepest decline as the biggest mover.

The All Share Index (DSEI) fell -0.74%, the Tanzania Share Index (TSI) dropped -1.11%, Industrial & Allied (IA) slipped -0.80%, Banks, Finance & Investment (BI) declined -1.49%, and Commercial Services (CS) bucked the trend with a gain of +0.68%.

IndexClosing Value 2nd October 2026Closing Value 9th October 2026Variation
All Share Index (DSEI)4,631.774,597.48-0.74%
Tanzania Share Index (TSI)10,255.6010,142.06-1.11%
Industrial & Allied (IA)5,075.255,034.51-0.80%
Banks, Finance & Investment (BI)23,188.1922,842.38-1.49%
Commercial Services (CS)3,507.723,531.40+0.68%

Stock Performances

TOL led all advancers with a gain of +6.36%, followed by MCB at +4.05% and MBP at +4.02%, compared with Week 40 of 2026.

On the losing side, MUCOBA suffered the steepest decline at -14.44%, with PAL falling -4.92% and AFRIPRISE retreating -4.70% over the same period.

MKCB has now posted gains for at least three consecutive weeks, extending a steady upward run.

DCB and TBL, by contrast, have each declined for at least three consecutive weeks, signalling persistent selling pressure on both counters.

StockClosing Price (TZS) 2nd October 2026Closing Price (TZS) 9th October 2026Variation
AFRIPRISE745710-4.70%
CRDB2,9502,900-1.69%
DCB400395-1.25%
DSE6,3506,410+0.94%
EABL5,8605,870+0.17%
JATU2702700.00%
JHL8,7008,7000.00%
KA1151150.00%
KCB2,1902,1900.00%
MBP1,9902,070+4.02%
MCB370385+4.05%
MKCB3,6803,760+2.17%
MUCOBA450385-14.44%
NICO3,7703,7700.00%
NMB2,0402,010-1.47%
NMG315325+3.17%
PAL305290-4.92%
SWALA4504500.00%
SWIS2,5002,5000.00%
TBL9,7809,680-1.02%
TCC13,35013,380+0.22%
TCCL3,9503,800-3.80%
TOL1,7301,840+6.36%
TPCC5,6705,6700.00%
TTP430425-1.16%
USL30300.00%
VODA1,2601,270+0.79%
YETU5105100.00%

Bond Market

Bond turnover totaled TZS 77.35 billion across 84 deals, a decline of -6.46% compared to Week 40 of 2026’s TZS 82.69 billion.

The yield curve steepened, with the 5-year yield falling sharply by -251.9 basis points while the 25-year yield edged higher by +0.5 basis points.

The most pronounced move came at the 20-year tenor, where the yield rose +102.5 basis points to settle at 10.6826%.

TenorCoupon (weighted avg)Weighted Average Yield 9th October 2026Weighted Average Yield 2nd October 2026Change (bps)Trade CountFace Value Traded (TZS billion)
5Y10.2868%10.2549%12.7737%-251.9137.2680
10Y——8.0845%—0—
15Y12.4018%10.6826%10.4882%+19.466.7354
20Y15.1044%11.7457%10.7209%+102.53749.9500
25Y15.1965%11.4108%11.4055%+0.5214.2494

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 2 October 2026: 15-Year Bond Yield Rises to 10.7907%, Shilling Firms to TZS 2,641.42/USD
Read More

Tanzania Financial Markets Week to 2nd October 2026: 15-Year Bond Yield Rises to 10.7907%, Shilling Firms to TZS 2,641.42/USD

Tanzania's financial markets in the week to 2nd October 2026 saw the 15-year Treasury bond yield rise to 10.7907% from 10.5515%, oversubscribed by TZS 296.86 billion, while the shilling firmed 0.15% to TZS 2,641.42 per US dollar. The interbank 7-day rate eased to 6.72% on a volume of TZS 927.45 billion, and outstanding government securities reached TZS 33,407.97 billion.
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
Read More

Dar es Salaam Stock Exchange Week 40 of 2026: Equity Turnover Holds Steady at +1.47% to TZS 27.87 Billion as NMG (+8.62%) Leads as Best Stock Performer

Dar es Salaam Stock Exchange equity turnover rose +1.47% to TZS 27.87 billion during the week of September 28th to October 2nd, with 11,669,579 shares exchanged across 18,546 deals. NMG advanced +8.62% and NICO gained +4.43% among the top gainers, while MBP declined -7.44% and DCB fell -4.76% among the leading losers. Total market capitalisation closed the week at TZS 40,376.17 billion as the DSEI slipped -1.08% and the Banks, Finance & Investment index retreated -2.22%. Bond market turnover reached TZS 82.69 billion, a week-on-week contraction of -30.27%.