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 Investment Guide 2026 Free Edition

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

Tanzania Investment Guide 2026 Full Edition

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 overview of the Tanzania Business and Investment Guide 2026 covers the Capital Markets, plus key sectors and investment opportunities. The complete 141-page edition includes policies, taxation, key regulations, full macroeconomic data, and sources.

            Download Free OverviewGet the Full Guide
            Related Posts
            Vintan Mbiro Breakthrough Attorneys Brighton Kinemo TIB Rasilimali Signing MOU
            Read More

            Tanzanian Development Bank and Private Law Firm Sign MoU on Trust Fund Management

            Tanzanian stockbroker and financial advisory firm TIB Rasilimali and law firm Breakthrough Attorneys signed an MoU to provide trust fund management and wealth advisory services in Tanzania. The agreement brings together legal advisory, trust structuring and fiduciary services with investment advisory, securities brokerage, portfolio management and capital markets services.
            DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
            Read More

            Dar es Salaam Stock Exchange Week 31 of 2026: Equity Turnover Surges +155.54% to TZS 64.53 Billion as TCCL (+33.54%) and VODA (+21.21%) Lead Gainers

            Equity turnover at the Dar es Salaam Stock Exchange surged +155.54% week-on-week to TZS 64.53 billion during Week 31 of 2026, with 15,883,064 shares changing hands across 21,680 deals. TCCL advanced +33.54%, VODA rose +21.21%, and USL gained +16.67% among the top performers, while MCB fell -53.03%, KA declined -38.89%, and PAL slipped -11.11% among the week's losers. Total market capitalisation closed at TZS 36,528.82 billion, with the DSEI rising +0.97% and the Commercial Services index leading sectoral gains at +19.91%. Bond market turnover reached TZS 84.18 billion, contracting -20.14% from the prior week.
            IFC NMB Offshore Tanzanian Shilling Bond Listing
            Read More

            First Offshore Tanzanian Shilling Bond Lists on London Stock Exchange Raising TZS 265.2bn for SME Lending

            The International Finance Corporation (IFC) has listed the first offshore Tanzanian shilling bond on the London Stock Exchange (LSE), raising TZS 265.2 bn (USD 100m equivalent) in the largest shilling-denominated issue ever placed in international capital markets. Proceeds fund a local currency facility for NMB Bank, Tanzania's second-largest, with 20% ring-fenced for women-owned MSMEs and an estimated 13,000 to 20,000 jobs expected to be supported.
            DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
            Read More

            Dar es Salaam Stock Exchange Week 30 of 2026: Equity Turnover Plunges -85.73%, KA (+56.52%) and USL (+20.00%) Lead as Best Stock Performers

            Dar es Salaam Stock Exchange equity turnover plunged -85.73% week-on-week to TZS 25.25 billion across 7,226,602 shares and 13,398 deals during the five trading sessions spanning July 20th to July 24th. KA (+56.52%), USL (+20.00%), and TTP (+5.62%) ranked as the week's top gainers, while MCB (-20.48%), PAL (-7.69%), and MUCOBA (-5.10%) led declines. Total market capitalisation closed Friday at TZS 36,177.68 billion, with the DSEI advancing +0.93% and the Commercial Services index rising +2.45%. Bond market turnover reached TZS 105.41 billion, falling -39.71% week-on-week.