Dar es Salaam Stock Exchange Report: September 2nd 2016

During Week 7 of 2026 (February 9th – 13th), the Dar es Salaam Stock Exchange (DSE) witnessed a spectacular rally in equity prices, pushing the Banks, Finance & Investment (BI) Index up by +10.06%. Three stocks—MCB, MKCB, and MBP—recorded extraordinary gains of over +40% each. Equity Turnover surged by +32.93% to TZS 58.61 billion, while the bond market activity moderated to TZS 105.42 billion after the previous week's record highs. Total Market Capitalisation expanded by +5.90% to reach TZS 32.64 trillion.

During Week 6 of 2026, the Dar es Salaam Stock Exchange (DSE) achieved a historic milestone as Total Market Capitalisation crossed the TZS 30 trillion mark, closing at TZS 30.82 trillion, and the Domestic Market Capitalisation crossed the TZS 20 trillion mark, closing at TZS 21.25 trillion. The stock market witnessed explosive growth in the banking sector, the bond market recorded a phenomenal turnover of TZS 258.61 billion. USL was the surprise top gainer, skyrocketing +400.00%, while CRDB and NICO posted robust gains of +22.93% and +21.74%, respectively.

During Week 5 of 2026 (January 26th – 30th), the Dar es Salaam Stock Exchange (DSE) marked a significant milestone with the listing of its second Exchange Traded Fund, the iTrust East African Community Large Cap Exchange Traded Fund (IEACLC-ETF), on January 28th. While the new listing boosted ETF market capitalisation by +342%, the equities market experienced a sharp correction following the previous month's rallies. MBP and MKCB saw massive sell-offs, dropping -36.18% and -24.75% respectively. Despite the broader market dip, NMB surged +8.79%, helping lift the Banks, Finance & Investment Index.

The Dar es Salaam Stock Exchange has listed its second Exchange Traded Fund (ETF) following a 540% oversubscription during the Initial Public Offering. The IEACLC-ETF provides exposure to large-cap equities across East African markets through a locally listed product.