Dar es Salaam Stock Exchange Week 3, 2025: Turnover Down -73%, TPCC Up +4.44%

The Dar es Salaam Stock Exchange (DSE) wrapped up the third week of 2025 with a turnover of TZS 3.92 billion, driven by 4.92 million shares traded across 590 deals. Key stocks like TPCC and JHL led the gains, while DCB saw the largest decline, reflecting a mixed week for the market.
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report



The trading week ending Friday, 17th January 2025, at the Dar es Salaam Stock Exchange (DSE) saw a significant drop in market activity.

Turnover and Volume

The Dar es Salaam Stock Exchange (DSE) recorded a total turnover of TZS 2,189.10 million from 3,177,418 shares traded during Week 3, 2025.

This represents a -73.28% decline in turnover and a -63.99% drop in trading volume compared to Week 2, 2025, which saw a turnover of TZS 8,190.81 million from 8,823,558 shares.

Market Capitalization

At the end of Week 3, 2025, the total market capitalization at the Dar es Salaam Stock Exchange (DSE) stood at TZS 18,143.69 billion, reflecting a +0.26% increase compared to TZS 18,097.51 billion at the end of Week 2.

Meanwhile, the domestic market capitalization remained virtually unchanged at TZS 12,244.88 billion, compared to TZS 12,215.56 billion in the prior week, marking a marginal gain of +0.24%.

Bond Market

The bond market at the Dar es Salaam Stock Exchange (DSE) recorded a total turnover of TZS 99.51 billion across 166 deals during Week 3, 2025​​​.

This represents a +57.13% increase in turnover and a +31.75% rise in the number of deals compared to TZS 63.33 billion and 126 deals recorded in Week 2.

Key highlights include:

25-year government bonds with coupon rates of 12.56%, 15.75%, and 15.95%, traded extensively at prices between 80.0000% and 114.0462%

20-year government bonds with coupon rates ranging between 12.10% and 15.49%, traded at prices from 100.0000% to 109.9785%.

In the Corporate Bonds segment, multiple trades occurred, including:

-A 3-year bond with a coupon rate of 9.50%, traded at prices between 90.0395% and 96.0000%.

-A 5-year bond with coupon rates of 10.00% and 10.21%, traded at prices ranging from 76.0000% to 95.0001%​​.

Indexes

Week 3 of 2025 saw slight gains across most indexes at the Dar es Salaam Stock Exchange (DSE). The All Share Index (DSEI) increased by +0.26%, while the Tanzania Share Index (TSI) rose by +0.24%. The Industrial & Allied Index (IA) gained +0.50%, while the Commercial Services Index (CS) remained unchanged.

IndexClosing Value 10th January 2025Closing Value 17th January 2025Variation
All Share Index (DSEI)2,167.202,172.730.26%
Tanzania Share Index (TSI)4,608.304,619.370.24%
Industrial & Allied (IA)5,044.805,070.130.50%
Banks, Finance & Investment (BI)5,753.655,754.320.01%
Commercial Services (CS)2,134.272,134.270.00%

Stock Performances

During the third week of 2025, notable changes were observed in specific stocks at the Dar es Salaam Stock Exchange:

  • TPCC recorded the highest gain of +4.44%, highlighting strong investor demand.
  • JHL followed with an increase of +3.06%, reflecting positive sentiment.
  • AFRIPRISE saw a gain of +2.33%, signaling improved investor confidence.
  • NICO rose by +1.54%, while EABL posted a slight positive change of +1.47%.

On the downside:

  • DCB experienced the largest decline, falling by -3.57%.
  • NMG followed with a loss of -1.92%, while KCB dropped by -1.22%.

The majority of stocks, including CRDB, DSE, NMB, and TCC, remained stable, showing no variation in their stock prices during the week.

StockClosing Price (TZS) 10th January 2025Closing Price (TZS) 17th January 2025Variation %
AFRIPRISE2152202.33%
CRDB6606600.00%
DCB140135-3.57%
DSE2,3802,3800.00%
EABL3,3903,4401.47%
JATU2652650.00%
JHL3,5903,7003.06%
KA**80800.00%
KCB820810-1.22%
MBP3103100.00%
MCB3103100.00%
MKCB5405400.00%
MUCOBA4004000.00%
NICO6506601.54%
NMB5,3505,3500.00%
NMG260255-1.92%
PAL4004000.00%
SWALA4504500.00%
SWIS1,0001,0000.00%
TBL10,90010,9000.00%
TCC17,00017,0000.00%
TCCL1,8001,8000.00%
TOL6706700.00%
TPCC3,6003,7604.44%
TTP1201200.00%
USL550.00%
VODA7707700.00%
YETU5105100.00%

**Suspended

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