DSE Weekly Report Week 21, 2025: Turnover Up +755.33%, MKCB Leads Gains with +18.64%

Turnover at the Dar es Salaam Stock Exchange (DSE) rose by +755.33% in Week 21, 2025, reaching TZS 37.55 billion, while volume increased by +62.45%. MKCB led the gains with +18.64%, while indexes closed mixed and bond turnover fell by -50.72% to TZS 70.23 billion.
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report


At the end of Week 21, the Dar es Salaam Stock Exchange (DSE) saw increased activity with equity turnover rising by +755.33% compared to the closing of the previous week. The DSEI index was down by -0.61%. MKCB led the gains, rising by +18.64%.

Turnover and Volume

During Week 21, the DSE recorded a total turnover of TZS 37,549.45 million, an increase of +755.33% compared to Week 20’s TZS 4,390.06 million. A total of 7,589,311 shares were traded, up +62.45% from 4,671,767 shares in the previous week.

The most actively traded stocks by volume were TBL (2,609,415 shares, including a 2.6 million block trade), TCC (2,451,172 shares, with multiple block trades), and CRDB (2,071,782 shares). Other notable counters included AFRIPRISE with 181,321 shares and TPCC with 57,670 shares traded.

Market Capitalization

At the close of Week 21, the total market capitalization stood at TZS 19,714.70 billion, a decrease of -0.60% from Week 20’s TZS 19,834.66 billion. Domestic market capitalization was TZS 13,234.22 billion, down -0.35% from TZS 13,281.18 billion the previous week.

Bond Market

The bond market recorded a total turnover of TZS 70.23 billion across various deals during Week 21, a decline of -50.72% compared to Week 20’s TZS 142.52 billion.

Government bond activity was spread across all sessions and included:

-20-year bonds (15.25% and 15.49% coupons), actively traded throughout the week, including a TZS 25.08 billion face value traded on Friday.

-25-year bonds, with coupon rates from 12.56% to 15.95%, were also traded every day in deals ranging from small to large volumes.

-Smaller transactions occurred in 7-, 10-, 11-, and 15-year bonds, notably on Thursday.

Corporate bond trades were recorded on Monday, Thursday, and Friday, totaling TZS 217.66 million in face value. Traded instruments included 3-year and 5-year bonds with coupon rates of 9.50%, 12.00%, and 12.50%.

Indexes

In Week 21, performance at the Dar es Salaam Stock Exchange (DSE) was mixed. The DSE All Share Index (DSEI) fell by -0.61%, and the Tanzania Share Index (TSI) declined by -0.35%. The Industrial & Allied Index (IA) dropped by -1.04%, while the Banks, Finance & Investment Index (BI) rose by 0.26% and the Commercial Services Index (CS) edged up by 0.12%.

IndexClosing Value 16th May 2025Closing Value 23rd May 2025Variation
All Share Index (DSEI)2,375.062,360.69-0.61%
Tanzania Share Index (TSI)5,009.864,992.14-0.35%
Industrial & Allied (IA)5,351.265,295.84-1.04%
Banks, Finance & Investment (BI)6,624.156,641.430.26%
Commercial Services (CS)2,156.162,158.690.12%

Stock Performances

Week 21 at the Dar es Salaam Stock Exchange (DSE) saw mixed performances. MKCB led the gainers with an 18.64% increase, followed by DSE at 14.29% and JHL with a 9.62% rise. The biggest loser was NMG, falling by -7.69%, followed by TPCC at -6.31% and DCB at -4.00%.

StockClosing Price (TZS) 16th May 2025Closing Price (TZS) 23rd May 2025Variation %
AFRIPRISE2953001.69%
CRDB7907900.00%
DCB125120-4.00%
DSE2,8003,20014.29%
EABL3,9903,940-1.25%
JATU2652650.00%
JHL4,2604,6709.62%
KA**80800.00%
KCB870850-2.30%
MBP4404809.09%
MCB3103100.00%
MKCB59070018.64%
MUCOBA4004000.00%
NICO7908001.27%
NMB6,0006,0000.00%
NMG260240-7.69%
PAL4004000.00%
SWALA4504500.00%
SWIS1,5201,5803.95%
TBL10,90010,9000.00%
TCC17,00017,0000.00%
TCCL1,7601,7600.00%
TOL6706700.00%
TPCC5,5505,200-6.31%
TTP1201200.00%
USL550.00%
VODA7707700.00%
YETU5105100.00%

**Suspended

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 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%.
Tanzania Building African Financial Markets Forum (BAFM) 2026 July
Read More

Building African Financial Markets Forum (BAFM): 1-3 July 2026, Dar es Salaam

Tanzania will host the 13th edition of the Building African Financial Markets (BAFM) Forum on 1-3 July 2026 in Dar es Salaam, jointly organized by the Dar es Salaam Stock Exchange (DSE) and the African Securities Exchanges Association (ASEA). The forum will convene CEOs of African stock exchanges, regulators, pension funds, brokers, and development finance institutions, including AfDB, IFC, and the World Bank, to discuss liquidity, fintech, cross-border listings, AfCFTA capital flows, ESG instruments, ETFs, REITs, and SME platforms.
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
Read More

Dar es Salaam Stock Exchange Week 16 of 2026: Equity Turnover Surges as MBP (+12.61%) Leads as Best Stock Performer

During Week 16 of 2026, the Dar es Salaam Stock Exchange (DSE) experienced a massive resurgence in liquidity across multiple asset classes. Total equity turnover soared by 156.63% to TZS 35.62 billion, driven by substantial block trades in CRDB. Share volume also expanded significantly, jumping +73.13% from the previous week. The bond market saw an even more dramatic expansion, with turnover skyrocketing by +780.56% to TZS 256.42 billion. Despite the influx of capital and robust trading activity, market sentiment remained bearish for equities. This widespread negative price movement resulted in contractions across all primary DSE indices. Among the few bright spots in the market, MBP emerged as the week’s biggest winner, appreciating by +12.61%.
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
Read More

Dar es Salaam Stock Exchange Week 15 of 2026: Equity Turnover Contracts in a 3-Day Week as KA (+27.27%) and PAL (+18.68%) Lead as Best Stock Performers

During Week 15 of 2026, the Dar es Salaam Stock Exchange (DSE) experienced a pullback in overall equity, ETF, and bond trading activity, primarily due to a shortened three-day trading week in observance of Easter Monday and Karume Day. Total equity turnover dropped by -36.88% to TZS 13.88 billion, and share volume decreased by -6.39% compared to the prior week. The ETF market also saw a turnover decline of -21.52%, while the bond market contracted sharply by -62.72% to post TZS 29.12 billion in turnover. Despite the reduced liquidity, stock price movements were overwhelmingly positive, lifting all primary indices across the board. KA led the gainers by appreciating +27.27%, followed by PAL, which gained +18.68%.