During Week 35 of 2026, spanning August 24th to August 28th, equity turnover on the Dar es Salaam Stock Exchange surged +124.77% against Week 34 of 2026, with MBP (+17.39%) emerging as the week’s top gainer, in a four-day trading week shortened by Maulid Day on August 25th.
Throughout this report, individual stock and index percentage changes reflect close-to-close moves between 21st August 2026 (Week 34 of 2026 closing day) and 28th August 2026 (Week 35 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 52.37 billion, a surge of +124.77% compared to Week 34 of 2026’s TZS 23.30 billion.
A total of 24,452,958 shares changed hands across 23,207 deals, a surge of +236.76% versus Week 34 of 2026’s 7,261,335 shares.
NMB led all counters by volume with 18,236,217 shares traded, while NMB dominated by turnover, generating TZS 36.06 billion.
NMB, CRDB, and VODA have been persistent top-five turnover names across recent weeks.
ETF Trading
ETF trading across the two listed funds generated combined turnover of TZS 1.41 billion on volume of 1,143,799 units, a +16.69% increase versus Week 34 of 2026’s TZS 1.21 billion.
| ETF | Closing Price (TZS) 21st August 2026 | Closing Price (TZS) 28th August 2026 | Variation |
|---|---|---|---|
| IEACLC-ETF | 1,370 | 1,400 | +2.19% |
| VERTEX-ETF | 345 | 325 | -5.80% |
Foreign Investor Activity
Local investors accounted for 99.85% of buying and 60.85% of selling, against foreign investor shares of 0.15% and 39.15% respectively, producing a net foreign net selling position of USD 7,727,923 for the week.
This result extends a four-week streak of foreign net selling on the exchange.
| % Local Buying | % Foreign Buying | % Local Selling | % Foreign Selling | Net Foreign Flow (USD) |
|---|---|---|---|---|
| 99.85% | 0.15% | 60.85% | 39.15% | -7,727,923 |
Market Capitalisation
Total market capitalisation closed Week 35 of 2026 at TZS 38,743.54 billion, a +4.57% change versus Week 34 of 2026’s TZS 37,048.62 billion.
Domestic market capitalisation stood at TZS 26,982.09 billion, a +6.47% change versus Week 34 of 2026.
ETF market capitalisation reached TZS 220.08 billion, reflecting a +3.83% change versus Week 34 of 2026.
| Measure | 21st August 2026 (TZS billion) | 28th August 2026 (TZS billion) | Variation |
|---|---|---|---|
| Total Market Capitalisation | 37,048.62 | 38,743.54 | +4.57% |
| Domestic Market Capitalisation | 25,342.45 | 26,982.09 | +6.47% |
| ETF Market Capitalisation | 211.96 | 220.08 | +3.83% |
Indexes
Four of the five indices closed higher compared with Week 34 of 2026, with the Banks, Finance & Investment index posting the largest swing at +9.95%.
The All Share Index (DSEI) gained +4.58%, the Tanzania Share Index (TSI) rose +6.47%, Industrial & Allied (IA) slipped -1.54%, the Banks, Finance & Investment (BI) index surged +9.95%, and Commercial Services (CS) added +2.88%.
The DSEI has now closed higher for three consecutive weeks.
| Index | Closing Value 21st August 2026 | Closing Value 28th August 2026 | Variation |
|---|---|---|---|
| All Share Index (DSEI) | 4,250.04 | 4,444.48 | +4.58% |
| Tanzania Share Index (TSI) | 9,321.17 | 9,924.23 | +6.47% |
| Industrial & Allied (IA) | 5,077.88 | 4,999.85 | -1.54% |
| Banks, Finance & Investment (BI) | 20,698.12 | 22,758.04 | +9.95% |
| Commercial Services (CS) | 2,877.51 | 2,960.35 | +2.88% |
Stock Performances
MBP led all advancers this week, surging +17.39% against Week 34 of 2026, while PAL followed with a gain of +11.11% and NMG rounded out the top three with a rise of +7.84%.
On the losing side, NMB suffered the steepest decline, falling -87.97% from Week 34 of 2026, with MCB retreating -8.14% and DCB slipping -7.92%.
KCB and MBP have now posted gains for at least three consecutive weeks, underscoring sustained buying interest in both counters.
DSE and TBL, meanwhile, have continued to slide for at least three consecutive weeks, reflecting persistent selling pressure on both stocks.
| Stock | Closing Price (TZS) 21st August 2026 | Closing Price (TZS) 28th August 2026 | Variation |
|---|---|---|---|
| AFRIPRISE | 620 | 625 | +0.81% |
| CRDB | 2,690 | 2,640 | -1.86% |
| DCB | 505 | 465 | -7.92% |
| DSE | 6,480 | 6,460 | -0.31% |
| EABL | 5,710 | 5,700 | -0.18% |
| JATU | 270 | 270 | 0.00% |
| JHL | 8,650 | 8,650 | 0.00% |
| KA | 115 | 115 | 0.00% |
| KCB | 1,970 | 1,990 | +1.02% |
| MBP | 1,840 | 2,160 | +17.39% |
| MCB | 430 | 395 | -8.14% |
| MKCB | 3,790 | 3,690 | -2.64% |
| MUCOBA | 455 | 450 | -1.10% |
| NICO | 3,760 | 3,820 | +1.60% |
| NMB | 17,700 | 2,130 | -87.97% |
| NMG | 255 | 275 | +7.84% |
| PAL | 315 | 350 | +11.11% |
| SWALA | 450 | 450 | 0.00% |
| SWIS | 2,610 | 2,530 | -3.07% |
| TBL | 9,900 | 9,870 | -0.30% |
| TCC | 12,320 | 12,400 | +0.65% |
| TCCL | 4,000 | 3,720 | -7.00% |
| TOL | 1,750 | 1,850 | +5.71% |
| TPCC | 5,980 | 5,720 | -4.35% |
| TTP | 475 | 485 | +2.11% |
| USL | 30 | 30 | 0.00% |
| VODA | 1,020 | 1,050 | +2.94% |
| YETU | 510 | 510 | 0.00% |
Bond Market
Bond turnover totaled TZS 35.22 billion across 89 deals, a sharp decline of -15.98% compared to Week 34 of 2026’s TZS 41.92 billion.
The yield curve steepened as the 5-year yield fell sharply by -213.8 basis points while the 25-year yield eased by a comparatively modest -41.3 basis points.
The most striking individual move came at the 10-year tenor, where the yield dropped -414.5 basis points to settle at 10.6527%.
| Tenor | Coupon (weighted avg) | Weighted Average Yield 28th August 2026 | Weighted Average Yield 21st August 2026 | Change (bps) | Trade Count | Face Value Traded (TZS billion) |
|---|---|---|---|---|---|---|
| 5Y | 12.0475% | 12.4216% | 14.5598% | -213.8 | 15 | 0.2787 |
| 10Y | 11.2772% | 10.6527% | 14.7980% | -414.5 | 4 | 1.0100 |
| 15Y | — | — | 10.5558% | — | 0 | — |
| 20Y | 13.7062% | 13.1106% | 11.7776% | +133.3 | 26 | 4.4244 |
| 25Y | 14.6110% | 11.0530% | 11.4661% | -41.3 | 35 | 29.2766 |
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