The trading week ending on Friday, 5th July 2024, at the Dar es Salaam Stock Exchange (DSE) saw a significant decrease in the turnover of shares traded compared to the previous week. The bond activity also saw a sharp decline.
Turnover and Volume
During week 27 of 2024, the DSE recorded a total turnover of TZS 1.142 billion from 1,560,179 shares traded in 1,821 deals. This represents a decrease of -43% in total turnover and a decrease of -6.18% in the volume traded compared to the previous week (TZS 2.007 billion from 1,663,009 shares traded).
Market Capitalization
For the trading week ending 5th July 2024, the total market capitalization and the domestic market capitalization of listed shares at the DSE amounted to TZS 16,970.69 billion and TZS 11,954.56 billion, respectively.
This reflects an increase of 0.81% in total capitalization and 0.84% in domestic capitalization compared to the previous week (TZS 16,834.28 billion and TZS 11,853.85 billion).
Bond Market
The bonds market recorded transactions worth TZS 46.26 billion, a sharp decline of -68.4% compared to TZS 146.82 billion the previous week.
Indexes
At the end of week 27 in 2024, all indexes grew except for Industrial & Allied (IA) and Commercial Services (CS), which remained flat. The Banks, Finance & Investment (BI) index had the most notable growth, increasing by 2.42% compared to the previous week’s close.
| Index | Closing Value 28th June 2024 | Closing Value 5th July 2024 | Variation |
| All Share Index (DSEI) | 2,016.97 | 2,033.31 | 0.81% |
| Tanzania Share Index (TSI) | 4,475.21 | 4,513.24 | 0.85% |
| Industrial & Allied (IA) | 5,120.14 | 5,120.14 | 0.00% |
| Banks, Finance & Investment (BI) | 5,205.50 | 5,331.46 | 2.42% |
| Commercial Services (CS) | 2,134.27 | 2,134.27 | 0.00% |
Stock Performances
At the close of week 27 in 2024, NMG and DSE had the strongest weekly stock price gains, increasing by 10.29% and 4.55% respectively compared to the previous week’s close. Conversely, MKCB and JHL were the biggest losers, with declines of 6.67% and 5.49% respectively.
| Stock | Closing Price (TZS) 28th June 2024 | Closing Price (TZS) 5th July 2024 | Variation % |
| AFRIPRISE (formerly TICL) | 210 | 205 | -2.38% |
| CRDB | 520 | 520 | 0.00% |
| DCB | 110 | 110 | 0.00% |
| DSE | 2,200 | 2,300 | 4.55% |
| EABL | 2,940 | 2,920 | -0.68% |
| JATU | 265 | 265 | 0.00% |
| JHL | 3,640 | 3,440 | -5.49% |
| KA** | 80 | 80 | 0.00% |
| KCB | 630 | 650 | 3.17% |
| MBP | 300 | 300 | 0.00% |
| MCB | 310 | 310 | 0.00% |
| MKCB | 600 | 560 | -6.67% |
| MUCOBA | 400 | 400 | 0.00% |
| NICO | 800 | 800 | 0.00% |
| NMB | 5,200 | 5,400 | 3.85% |
| NMG | 340 | 375 | 10.29% |
| PAL | 400 | 400 | 0.00% |
| SWALA | 450 | 450 | 0.00% |
| SWIS | 1,000 | 1,000 | 0.00% |
| TBL | 10,900 | 10,900 | 0.00% |
| TCC | 17,000 | 17,000 | 0.00% |
| TCCL | 1,720 | 1,720 | 0.00% |
| TOL | 700 | 700 | 0.00% |
| TPCC | 4,100 | 4,100 | 0.00% |
| TTP | 110 | 110 | 0.00% |
| USL | 5 | 5 | 0.00% |
| VODA | 770 | 770 | 0.00% |
| YETU | 510 | 510 | 0.00% |
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