Dar es Salaam Stock Exchange Week 28, 2024 Report: Significant Rebound in Trading Activity Compared to Previous Week

DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report

The trading week ending on Friday, 12th July 2024, at the Dar es Salaam Stock Exchange (DSE) saw a significant increase in shares and bond activity compared to the previous week.

Turnover and Volume

During week 28 of 2024, the DSE recorded a total turnover of TZS 2.466 billion from 4,272,809 shares traded in 1,673 deals. This represents an increase of 115.93% in total turnover and 173.86% in volume traded compared to the previous week (TZS 1.142 billion from 1,560,179 shares traded).

Market Capitalization

At the close of week 28 of 2024, the total market capitalization and domestic market capitalization of listed shares at the DSE amounted to TZS 17,309.02 billion and TZS 12,036.78 billion, respectively. This reflects an increase of 1.99% in total capitalization and 0.68% in domestic capitalization compared to the previous week (TZS 16,970.69 billion and TZS 11,954.56 billion).

Bond Market

The bond market recorded transactions worth TZS 79.05 billion, representing a substantial increase of 70.88% compared to TZS 46.26 billion the previous week.

Indexes

At the end of week 28 in 2024, all indexes grew except for the Industrial & Allied (IA) and Commercial Services (CS) indexes, which remained flat. The All Share Index (DSEI) experienced the most notable growth, increasing by 1.99% compared to the previous week’s close.

IndexClosing Value 5th July 2024Closing Value 12th July 2024Variation
All Share Index (DSEI)2,033.312,073.851.99%
Tanzania Share Index (TSI)4,513.244,544.280.69%
Industrial & Allied (IA)5,120.145,120.140.00%
Banks, Finance & Investment (BI)5,331.465,434.311.93%
Commercial Services (CS)2,134.272,134.270.00%

Stock Performances

At the close of week 28 of 2024, APRIPRISE and KCB had the strongest weekly stock price gains, increasing by 9.76% and 7.69%, respectively, compared to the previous week’s close. NMG and JHL were the only losers, with declines of 1.33% and 0.87%, respectively.

StockClosing Price (TZS) 5th July 2024Closing Price (TZS) 12th July 2024Variation %
AFRIPRISE (formerly TICL)2052259.76%
CRDB5205505.77%
DCB1101100.00%
DSE2,3002,3000.00%
EABL2,9203,0604.79%
JATU2652650.00%
JHL3,4403,410-0.87%
KA**80800.00%
KCB6507007.69%
MBP3003000.00%
MCB3103100.00%
MKCB5606007.14%
MUCOBA4004000.00%
NICO8008000.00%
NMB5,4005,4000.00%
NMG375370-1.33%
PAL4004000.00%
SWALA4504500.00%
SWIS1,0001,0000.00%
TBL10,90010,9000.00%
TCC17,00017,0000.00%
TCCL1,7201,7200.00%
TOL7007000.00%
TPCC4,1004,1000.00%
TTP1101100.00%
USL550.00%
VODA7707700.00%
YETU5105100.00%
**Suspended.
Related Posts
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
Read More

Dar es Salaam Stock Exchange Week 49 of 2025: Bond Market Surges +119.11%, Equity Turnover Dips -62.31%, MKCB Leads with +7.50%

During Week 49 of 2025, the Dar es Salaam Stock Exchange (DSE) experienced mixed results; while the equities market saw a sharp correction in trading volumes and turnover following the previous week's rally, the debt market recorded significant growth. The primary stock indices all recorded gains, maintaining a positive trajectory. MKCB stock recorded the highest appreciation, rising by +7.50%.
Tanzania Tanga Simba Cement TCCL Right Issue 2025
Read More

Tanga Cement Rights Issue Achieves 100% Subscription

Tanga Cement has raised TZS 203.74 billion through a fully subscribed Rights Issue, resulting in the listing of 127,342,090 new shares on the Dar es Salaam Stock Exchange. The funds will support balance sheet strengthening, debt repayment, and production expansion under the company’s strategic plan.
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
Read More

Dar es Salaam Stock Exchange Week 48 of 2025: Equity Turnover Soars +155.62%, Bond Market Cools -24.34%, DCB Sees +11.11% Surge

During Week 48 of 2025, the Dar es Salaam Stock Exchange (DSE) experienced a robust week for equities, marked by a massive surge in trading volumes and turnover, while the debt market saw a pullback. The primary stock indices recorded slight gains, maintaining a stable trajectory. DCB stock recorded the highest appreciation, rising by +11.11%.
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
Read More

Dar es Salaam Stock Exchange Week 47 of 2025: Bond Market Soars +45.92% as Equity Volume Plummets -41.49% Amid MCB’s +17.05% Surge

During Week 47 of 2025, the Dar es Salaam Stock Exchange (DSE) experienced a mixed week, marked by a significant surge in debt market activity but a notable slowdown in equity trading volumes. The primary stock indices recorded modest gains, continuing the positive trajectory seen in the preceding week. MCB stock recorded the highest appreciation, surging by +17.05%.