DSE Total Turnover Up by +6,546% on Week Ending 16th June 2023, TTCL Stock Price Up by +6.9%

The Dar es Salaam Stock Exchange (DSE) experienced an impressive week in terms of activity from Friday 9th June 2023 to Friday 16th June 2023.

Turnover and Volume

The total turnover experienced a significant increase from TZS 28.62 million to TZS 1,902.19 million, representing a massive growth of +6,546%.

TANZANIA BUSINESS & INVESTMENT GUIDE 2026

The total volume of shares traded also saw a dramatic increase from 40,965 to 451,092, reflecting a substantial growth of approximately +1,001%.

Market Capitalization

The Total Market Capitalization decreased by -0.30% from TZS 15,341.48 Billion to TZS 15,296.12 Billion. However, the Domestic Market Capitalization slightly increased by +0.30% from TZS 10,836.15 Billion to TZS 10,868.45 Billion.

Indexes

IndexClosing Value Friday 2nd June 2023Closing Value Friday 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) 9th June 2023Closing Price (TZS) 16th June 2023Variation %
CRDB4454552.25%
DCB165150-9.09%
DSE1,8401,8400.00%
EABL2,7602,700-2.17%
JATU2652650.00%
JHL3,1603,140-0.63%
KA**80800.00%
KCB530520-1.89%
MBP.3603600.00%
MCB3203200.00%
MKCB7807800.00%
MUCOBA4004000.00%
NICO4204200.00%
NMB3,6403,6400.00%
NMG3353401.49%
PAL4004000.00%
SWALA4504500.00%
SWIS.1,5001,5000.00%
TBL10,90010,9000.00%
TCC17,00017,0000.00%
TCCL1,7201,8406.98%
TICL1501500.00%
TOL6506500.00%
TPCC4,0004,0000.00%
TTP1201200.00%
USL550.00%
VODA7707700.00%
YETU5105100.00%

      Winners:

      1. TCCL: The stock price increased from 1,720 TZS to 1,840 TZS, reflecting a variation of +6.98%.
      2. CRDB: The stock price increased from 445 TZS to 455 TZS, representing a variation of +2.25%.
      3. NMG: The stock price increased from 335 TZS to 340 TZS, indicating a variation of +1.49%.

      Losers:

      1. DCB: The stock price decreased from 165 TZS to 150 TZS, indicating a variation of -9.09%.
      2. EABL: The stock price decreased from 2,760 TZS to 2,700 TZS, representing a variation of -2.17%.
      3. KCB: The stock price decreased from 530 TZS to 520 TZS, reflecting a variation of -1.89%.
      4. JHL: The stock price decreased from 3,160 TZS to 3,140 TZS, indicating a variation of -0.63%.

      Bond Performances

      The transaction value of bonds traded increased by 404.88% from TZS 9.02 Billion on the 9th of June 2023 to TZS 45.54 Billion on the 16th of June.

      There was no activity in the Corporate Bonds segment.

      This market report is courtesy of CORE Securities, a leading brokerage and provider of investment advisory services in capital markets in Tanzania and the SADC Region. For assistance with trading on the Dar es Salaam Stock Exchange (DSE), call +255 754 303759 or write to ddario@coresecurities.co.tz.

            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 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%.
            DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
            Read More

            Dar es Salaam Stock Exchange Week 14 of 2026: Equity Turnover Contracts in a Shortened Week as KA (+15.79%) and JHL (+7.45%) Lead as Best Stock Performers

            During Week 14 of 2026, the Dar es Salaam Stock Exchange (DSE) experienced a pullback in overall equity and ETF trading activity, largely due to a shortened four-day trading week in observance of Good Friday. Total equity turnover dropped by -29.47% to TZS 21.99 billion, while ETF turnover plunged. Conversely, the bond market saw a slight recovery, posting TZS 78.11 billion in turnover. Stock price movements were broadly negative, pulling down the majority of primary indices, though KA led the few gainers by appreciating +15.79%.
            DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
            Read More

            Dar es Salaam Stock Exchange Week 13 of 2026: Equity Turnover Recovers, TPCC up by +4.73%

            During Week 13 of 2026, the Dar es Salaam Stock Exchange (DSE) experienced a solid recovery in equity market trading, with both turnover and volume increasing significantly compared to Week 12. Total equity turnover grew by +14.38%, driven by consistent block trades and normal board activity, while bond market turnover plummeted by -77.54% following the previous week's highs. Stock price movements were generally subdued, with the primary stock indices recording slight declines except for the Industrial & Allied (IA) Index. TPCC led the week's few gainers by appreciating +4.73%.
            DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
            Read More

            Dar es Salaam Stock Exchange Week 12 of 2026: Bond Turnover Surges +70.70% as ETF Trading Spikes in a Cooling Equity Market

            During Week 12 of 2026, the Dar es Salaam Stock Exchange (DSE) experienced a pullback in equity trading following the massive volumes of Week 11, while activity in the bond and ETF markets surged significantly. Total equity turnover dropped by -36.13%, but bond turnover climbed a staggering +70.70%. The primary stock indices recorded mixed results, with JHL leading the week's gainers by appreciating +15.00%.