Dar es Salaam Stock Exchange Week 29 2025: Equity Turnover Up +33.84%, NICO Gains 19.51%, TPCC Down -11.97%

Week 29 of 2025, ending Friday 18 July, recorded equity turnover of TZS 24.84 bn (+33.84%), bond turnover of TZS 60.29 bn (+3.24%), and a -0.43% contraction in total market capitalisation.

Equity Turnover and Volume

Equity turnover reached TZS 24.84 bn, up 33.84% from the previous week’s TZS 18.56 bn. Share volume fell 38.40% to 9.32 m from 15.13 m.

CRDB, TBL and KCB dominated activity with 5.43 m, 2.16 m and 0.74 m shares respectively, together accounting for 89% of total volume.

Market Capitalisation

Total market capitalisation stood at TZS 20,794.18 bn at the end of Week 29, 2025, down -0.43% from TZS 20,883.96 bn a week earlier. Domestic market capitalisation dipped -0.30% to TZS 13,535.19 bn from TZS 13,575.63 bn.

Bond Market

Bond turnover totalled TZS 60.29 bn, a 3.24% increase on Week 28’s TZS 58.40 bn.

Government securities contributed TZS 60.19 bn across 98 deals, led by 20-year 15.49% issues worth TZS 19.25 bn (16 Jul) and 10-year 11.44% tranches of TZS 5.00 bn (14 Jul).

Corporate bonds added TZS 0.10 bn from 10 deals in 3- and 5-year notes priced between 78% and 100% of face value.

Indexes

Only two of the five DSE benchmarks posted gains. The Commercial Services Index (CS) led the market, rising by 3.53%, followed by the Banks, Finance & Investment Index (BI), which gained 2.08%.

On the downside, the Industrial & Allied Index (IA) declined by 3.78%, pulling down both the All-Share Index (DSEI) by -0.43% and the Tanzania Share Index (TSI) by -0.30%.

Stock Performances

Insurance group NICO led the gainers, rising +19.51% to TZS 1,470, followed by AFRIPRISE  (+14.71% to TZS 390) and MKCB Bank (+8.20% to TZS 1,320).

Tanzania Portland Cement Company (TPCC) fell ‑11.97% to TZS 5,370, while Maendeleo Bank (MBP) slipped ‑4.00% to TZS 480 and Nation Media Group (NMG) declined  ‑3.45%  to  TZS  280.

Heavy‑weight CRDB Bank closed unchanged at TZS 1,000 on 5.43 m shares; NMB Bank gained +3.10% to TZS 7,320, and Vodacom Tanzania (VODA) advanced +3.85% to TZS 540.