The Latest

DSE Total Turnover Down by -15% on Week Ending 9th June 2023, JHL Stock Price Up by +6%

June 10, 2023
1 minute read
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report

The Dar es Salaam Stock Exchange (DSE) experienced a week of varied activity from Friday 2nd June 2023 to Friday 9th June 2023.

Turnover and Volume

The total turnover decreased from TZS 33.74 million to TZS 28.62 million, representing a decrease of approximately -15.2%. The total volume of shares traded also decreased from 68,685 to 40,965, a decrease of approximately -40.3%.

Market Capitalization

The Total Market Capitalization increased by +0.97% from TZS 15,359.50 Billion to TZS 15,341.48 Billion. However, the Domestic Market Capitalization slightly decreased from TZS 10,900.77 Billion to TZS 10,836.15 Billion, a marginal decline of approximately -0.6%.

Indexes

IndexClosing Value 2nd June 2023Closing Value 9th June 2023Variation
All Share Index (DSEI)1,841.911,839.75-0.12%
Tanzania Share Index (TS|)4,120.184,095.76-0.59%
Industrial & Allied (IA)5,121.605,102.60-0.37%
Banks, Finance & Investment (BI)4,001.353,949.15-1.30%
Commercial Services (CS)2,157.002,155.32-0.08%

Stock Performances

CompanyClosing Price (TZS) 2nd June 2023Closing Price (TZS) 9th June 2023Variation %
CRDB460445-3.26%
DCB180165-8.33%
DSE1,9001,840-3.16%
EABL2,6802,7602.99%
JATU2652650.00%
JHL2,9803,1606.04%
KA**80800.00%
KCB540530-1.85%
MBP365360-1.37%
MCB3203200.00%
MKCB7807800.00%
MUCOBA4004000.00%
NICO4104202.44%
NMB3,6403,6400.00%
NMG3353350.00%
PAL4004000.00%
SWALA4504500.00%
SWIS1,5401,500-2.60%
TBL10,90010,9000.00%
TCC17,00017,0000.00%
TCCL1,7201,7200.00%
TICL1501500.00%
TOL6506500.00%
TPCC4,1204,000-2.91%
TTP1201200.00%
USL550.00%
VODA7707700.00%
YETU5105100.00%

      Winners:

      1. JHL: Increased by 6.04%
      2. EABL: Increased by 2.99%
      3. NICO: Increased by 2.44%

      Losers:

      1. DCB: Decreased by -8.33%
      2. TPCC: Decreased by -2.91%
      3. DSE: Decreased by -3.16%
      4. CRDB: Decreased by -3.26%
      5. SWIS: Decreased by -2.60%
      6. KCB: Decreased by -1.85%
      7. MBP: Decreased by -1.37%

      Bond Performances

      The value of bonds traded decreased from TZS 32.67 Billion on the 2nd of June 2023 to TZS 9.02 Billion on the 9th of June 2023. This represents a decrease of approximately -72.4%.

            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
            Tweet
            Share
            Share
            Share
            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%.