Dar es Salaam Stock Exchange Week 28 of 2026: Equity Turnover Surges +473.64% to TZS 159.86 Billion as PAL (+15.94%) Leads as Best Stock Performer

Equity turnover surged +473.64% week-on-week to TZS 159.86 billion across 62,993,120 shares and 14,638 deals during the four trading days of July 6th to July 10th. PAL (+15.94%), MUCOBA (+13.19%), and MBP (+9.29%) led the gainers, while TTP (-8.16%), MKCB (-7.89%), and MCB (-7.69%) were the session’s heaviest decliners. Total market capitalisation closed at TZS 35,467.55 billion as the DSEI slipped -0.83% and the Banks, Finance & Investment index fell -0.98%. Bond market turnover reached TZS 92.60 billion, retreating -39.29% from the prior week.
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report

During Week 28 of 2026, spanning July 6th to July 10th, equity turnover on the Dar es Salaam Stock Exchange surged +473.64% compared to Week 27 of 2026, led by top gainer PAL (+15.94%), in a four-day trading week shortened by Saba Saba on 7th July.

Throughout this report, individual stock and index percentage changes reflect close-to-close moves between 3rd July 2026 (Week 27 of 2026 closing day) and 10th July 2026 (Week 28 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 159.86 billion, a surge of +473.64% compared to Week 27 of 2026’s TZS 27.87 billion.

Tanzania Investment Guide 2026 Free Edition

A total of 62,993,120 shares changed hands across 14,638 deals, a surge of +1066.05% versus Week 27 of 2026’s 5,402,287 shares.

CRDB led all counters by volume with 60,655,141 shares traded, while CRDB dominated by turnover, generating TZS 143.40 billion.

NMB, CRDB, TCCL, NICO, and TBL have been persistent names in the top five by turnover across recent weeks.

ETF Trading

ETF trading across the two listed funds generated combined turnover of TZS 947.70 million on volume of 933,172 units, a -66.89% decline versus Week 27 of 2026’s TZS 2.86 billion.

ETFClosing Price (TZS) 3rd July 2026Closing Price (TZS) 10th July 2026Variation
IEACLC-ETF1,2801,310+2.34%
VERTEX-ETF3403400.00%

Foreign Investor Activity

Local investors accounted for 99.34% of buying and 13.28% of selling, against foreign investor shares of 0.66% and 86.72% respectively, producing a net foreign net selling position of USD 52,221,977 for the week.

TanzaniaInvest Capital Markets Report Banner

This result extends a four-week streak of foreign net selling on the Dar es Salaam Stock Exchange.

% Local Buying% Foreign Buying% Local Selling% Foreign SellingNet Foreign Flow (USD)
99.34%0.66%13.28%86.72%-52,221,977

Market Capitalisation

Total market capitalisation closed at TZS 35,467.55 billion, a -0.83% change versus Week 27 of 2026’s TZS 35,765.53 billion.

Domestic market capitalisation settled at TZS 24,126.21 billion, a -0.88% change against Week 27 of 2026’s corresponding figure.

The ETF segment offered a partial offset, with ETF market capitalisation reaching TZS 194.51 billion, up +2.12% from the prior week.

Measure3rd July 2026 (TZS billion)10th July 2026 (TZS billion)Variation
Total Market Capitalisation35,765.5335,467.55-0.83%
Domestic Market Capitalisation24,339.4524,126.21-0.88%
ETF Market Capitalisation190.48194.51+2.12%

Indexes

All five indices closed lower compared to Week 27 of 2026, with the Banks, Finance & Investment index registering the steepest decline at -0.98%.

The All Share Index (DSEI) fell -0.83%, the Tanzania Share Index (TSI) dropped -0.88%, the Industrial & Allied (IA) index eased -0.77%, the Banks, Finance & Investment (BI) index lost -0.98%, and the Commercial Services (CS) index slipped -0.38%.

The Industrial & Allied index has now closed lower for four consecutive weeks.

IndexClosing Value 3rd July 2026Closing Value 10th July 2026Variation
All Share Index (DSEI)4,116.734,082.43-0.83%
Tanzania Share Index (TSI)8,997.098,918.27-0.88%
Industrial & Allied (IA)4,943.154,905.30-0.77%
Banks, Finance & Investment (BI)20,389.1620,189.58-0.98%
Commercial Services (CS)2,323.832,315.05-0.38%

Stock Performances

Among the week’s standout performers relative to Week 27 of 2026, PAL led all gainers with a rise of +15.94%, followed by MUCOBA at +13.19% and MBP at +9.29%.

On the losing side, TTP fell -8.16%, MKCB declined -7.89%, and MCB dropped -7.69%.

NMB has now posted gains for at least three consecutive weeks, underscoring sustained buying interest in the counter.

MCB, TBL, TCC, and TPCC have each declined for at least three consecutive weeks, reflecting persistent selling pressure across those counters.

StockClosing Price (TZS) 3rd July 2026Closing Price (TZS) 10th July 2026Variation
AFRIPRISE675640-5.19%
CRDB2,8002,690-3.93%
DCB505495-1.98%
DSE6,3106,790+7.61%
EABL5,5105,400-2.00%
JATU2652650.00%
JHL8,6508,6500.00%
KA120115-4.17%
KCB1,9201,930+0.52%
MBP1,8302,000+9.29%
MCB910840-7.69%
MKCB4,3103,970-7.89%
MUCOBA455515+13.19%
NICO3,8303,800-0.78%
NMB16,44016,700+1.58%
NMG255260+1.96%
PAL345400+15.94%
SWALA4504500.00%
SWIS2,8702,730-4.88%
TBL9,6409,570-0.73%
TCC12,34012,320-0.16%
TCCL3,2603,190-2.15%
TOL1,4601,450-0.68%
TPCC6,3606,330-0.47%
TTP490450-8.16%
USL25250.00%
VODA805800-0.62%
YETU5105100.00%

Bond Market

Bond turnover totaled TZS 92.60 billion across 142 deals, a plunge of -39.29% compared to Week 27 of 2026’s TZS 152.54 billion.

Yield curve direction was not computable this week—per-tenor week-on-week comparison data was unavailable.

TenorCoupon (weighted avg)Weighted Average Yield 10th July 2026Weighted Average Yield 3rd July 2026Change (bps)Trade CountFace Value Traded (TZS billion)
5Y0
10Y0
15Y0
20Y0
25Y0

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

Dar es Salaam Stock Exchange Week 36 of 2026: Equity Turnover Surges +64.96% to TZS 86.39 Billion as NMG (+23.64%) Leads as Best Stock Performer

Equity turnover on the Dar es Salaam Stock Exchange surged +64.96% week-on-week to TZS 86.39 billion in Week 36 of 2026, with 35,250,858 shares changing hands across 23,980 deals. NMG advanced +23.64% and KCB gained +11.56% among the top performers, while PAL fell -12.86% and MBP declined -6.94% among the week's heaviest losers. Total market capitalisation closed at TZS 39,435.04 billion, as the All Share Index (DSEI) rose +1.78% over the period. The bond market posted a sharp recovery, with turnover climbing +252.56% to TZS 124.17 billion.
Gerase Kamugisha CEO Alpha Capital
Read More

From Savings to Ownership: Alpha Capital’s Vision for Tanzania’s Capital Market

Alpha Capital’s CEO Gerase Kamugisha shares his insight on how Tanzania's capital market can turn household savings, pension assets, insurance funds, and diaspora money into ownership of Tanzanian businesses under Tanzania Development Vision 2050 (Dira 2050). He sees the market diversifying within three years into corporate bonds, collective investment schemes, infrastructure and thematic instruments, Shariah-compliant products, and green finance, with digital platforms bringing in young Tanzanians and the diaspora.
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
Read More

Dar es Salaam Stock Exchange Week 35 of 2026: Equity Turnover Surges +124.77% to TZS 52.37 Billion as MBP (+17.39%) Leads as Best Stock Performer

Equity turnover on the Dar es Salaam Stock Exchange surged +124.77% to TZS 52.37 billion during Week 35 of 2026, with 24,452,958 shares changing hands across 23,207 deals over four trading sessions. Among movers, MBP advanced +17.39%, PAL gained +11.11%, and NMG rose +7.84%, while NMB fell -87.97%, MCB declined -8.14%, and DCB lost -7.92%. Total market capitalisation stood at TZS 38,743.54 billion by week's end, with the DSEI rising +4.58% and the Banks, Finance & Investment index gaining +9.95%. Bond market turnover reached TZS 35.22 billion, a week-on-week change of -15.98%.