Dar es Salaam Stock Exchange Week 2 of 2026: All Indexes Up Substantially, MKCB, MBP, and NICO Record Extraordinary Price Appreciation of +60.86%, +56.96%, and +45.50%.

During Week 2 of 2026, the Dar es Salaam Stock Exchange (DSE) experienced significant growth in market value as all major indices rose by substantial margins, led by a +10.96% surge in the Commercial Services index. The week was defined by extraordinary price appreciation in three specific counters—MKCB (+60.86%), MBP (+56.96%), and NICO (+45.50%)—which significantly drove domestic market performance. Total Market Capitalisation increased to TZS 25,259.31 billion.
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report

The Dar es Salaam Stock Exchange (DSE) trading activity for Week 2 of 2026 spanned five trading days from Monday, January 5th, through Friday, January 9th, 2026.

Equity Turnover and Volume

Equity Turnover (excluding ETF trades) reached TZS 20.46 billion. This represents a -27.37% decrease compared to Week 1’s TZS 28.17 billion.

Share volume totaled 11,792,470 shares based on daily headline reports. This represents a -55.80% decrease compared to the 26,681,496 shares traded in Week 1.

CRDB remained the volume leader on the DSE, recording a weekly total of 8,885,795 shares. This volume was supported by four pre-arranged block trades on Monday, Tuesday, Wednesday, and Thursday totalling 3,381,207 shares.

KCB was the second-most-traded stock by volume, recording 1,082,235 shares, supported by a block trade of 775,312 shares on Thursday.

AFRIPRISE followed as the third-most-traded counter with 705,692 shares.

ETF Trading

The VERTEX-ETF counter recorded a total unit volume of 1,110,468 units. This marks a -31.56% decrease compared to Week 1’s volume of 1,622,573 units. Trading generated a total turnover of TZS 438.16 million, a -32.70% decrease from Week 1’s TZS 651.04 million.

Market Capitalisation

The Total Market Capitalisation closed Week 2 of 2026 at TZS 25,259.31 billion. This represents an increase of +4.38% compared to the Week 1 closing figure of TZS 24,200.50 billion.

The Domestic Market Capitalisation closed the week at TZS 16,785.33 billion. This reflects an increase of +6.33% compared to the Week 1 closing figure of TZS 15,785.93 billion.

The ETF Market Capitalisation closed at TZS 21.33 billion, a -1.25% decrease from the Week 1 close of TZS 21.60 billion.

Bond Market

Bond turnover totaled TZS 46.56 billion. This represented a +125.80% increase compared to Week 1’s bond turnover of TZS 20.62 billion.

Government securities turnover reached TZS 45.47 billion. The highest activity was recorded on Wednesday, January 7th, with TZS 18.81 billion in trades, primarily in 20-year and 25-year bonds.

Corporate bonds contributed TZS 1,087.00 million in turnover from deals involving 3-year and 5-year bonds.

Indexes

All DSE benchmarks recorded increases during the week. The Commercial Services (CS) Index recorded the largest gain, increasing by +10.96%. The Banks, Finance & Investment (BI) Index rose by +6.56%, while the Tanzania Share Index (TSI) increased by +6.33%.

IndexClosing Value 2nd January 2026Closing Value 9th January 2026Variation
All Share Index (DSEI)2,785.542,907.434.38%
Tanzania Share Index (TSI)5,835.256,204.736.33%
Industrial & Allied (IA)4,310.794,506.134.53%
Banks, Finance & Investment (BI)11,059.3511,785.026.56%
Commercial Services (CS)1,959.632,174.4010.96%

Stock Performances

Price appreciation was led by three stocks that recorded extraordinary gains during the week. MKCB surged by +60.86% to close at TZS 4,890 per share, up from TZS 3,040.

MBP recorded the second-highest appreciation of +56.96%, rising from TZS 790 to TZS 1,240. NICO also saw a significant increase of +45.50%, closing at TZS 2,750.

Other notable gainers included SWIS (+15.88%), VODA (+11.03%), and TCCL (+6.80%).

Only three stocks recorded a decline: AFRIPRISE (-4.00%), TOL (-2.45%), and MUCOBA (-1.22%).

StockClosing Price (TZS) 2nd January 2026Closing Price (TZS) 9th January 2026Variation %
AFRIPRISE500480-4.00%
CRDB1,5401,6305.84%
DCB2402452.08%
DSE7,1807,4804.18%
EABL4,1604,1600.00%
JATU2652650.00%
JHL6,4006,4000.00%
KA1051050.00%
KCB1,3501,3701.48%
MBP7901,24056.96%
MCB4704955.32%
MKCB3,0404,89060.86%
MUCOBA410405-1.22%
NICO1,8902,75045.50%
NMB8,5909,0505.36%
NMG2802800.00%
PAL2952950.00%
SWALA4504500.00%
SWIS2,3302,70015.88%
TBL8,5109,0005.76%
TCC10,20010,7805.69%
TCCL2,5002,6706.80%
TOL1,020995-2.45%
TPCC6,1506,1600.16%
TTP3904002.56%
USL550.00%
VODA68075511.03%
YETU5105100.00%

Want to know more about the Capital Markets in Tanzania? Our free Tanzania Business and Investment Guide 2026 covers the Capital Markets, plus regulations, key sectors, and investment opportunities — all in one place.

Download Free Guide
Related Posts
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
Read More

Dar es Salaam Stock Exchange Week 19 of 2026: Equity Turnover Grows to TZS 18.97 Billion as PAL (+12.35%) Leads as Best Stock Performer

During Week 19 of 2026, the Dar es Salaam Stock Exchange experienced a solid rebound in equity liquidity, with total equity turnover increasing by +44.70% to reach TZS 18.97 billion. Despite growth in trading volume, market sentiment turned bearish across most sectors, pulling down the majority of primary indices, while PAL defied the trend to emerge as the best-performing stock, gaining 12.35%.
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
Read More

Dar es Salaam Stock Exchange Week 18 of 2026: Equity Turnover Drops to TZS 13.11 Billion in a Shortened Week as MCB Jumps 56% to Lead Market Gains

During Week 18 of 2026, the Dar es Salaam Stock Exchange experienced a sharp contraction in equity liquidity during a shortened four-day trading week, with total equity turnover dropping by -58.51% to TZS 13.11 billion. Despite the reduced trading volume, market sentiment was broadly positive and lifted most primary indices, with MCB emerging as the market's best performer by surging +56%.
Tanzania DSE Dar es Salaam Stock Exchange Performance Q1 2026
Read More

Tanzania’s Dar es Salaam Stock Exchange Reports 320.86% Turnover Growth to TZS 571.1 Billion in Q1 2026

The Dar es Salaam Stock Exchange recorded a 320.86% surge in equity turnover to TZS 571.1 billion in Q1 2026, while total market capitalization rose 39.38% to TZS 33.44 trillion and bond trading reached TZS 1.65 trillion. Profit before tax climbed 77.47% year-on-year to TZS 3.469 billion, supported by higher transaction fees, stronger equity and bond activity, and a record 809,175 CDS accounts.
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
Read More

Dar es Salaam Stock Exchange Week 17 of 2026: Equity Turnover Drops to TZS 31.60 Billion as AFRIPRISE Stands as the Only Positive Performer (+0.63%)

During Week 17 of 2026, the Dar es Salaam Stock Exchange experienced a broad contraction in liquidity, with total equity turnover dropping by -11.30% to TZS 31.60 billion and bond turnover falling by -64.94%. Market sentiment was overwhelmingly bearish, pulling down all primary indices, though AFRIPRISE defied the trend to lead as the only advancing stock, gaining +0.63%.