Dar es Salaam Stock Exchange Week 33, 2024 Report: Strong Increase in Share and Bond Activity, CRDB Gains 9.68%

DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report

The trading week ending on Friday, 16th August 2024, at the Dar es Salaam Stock Exchange (DSE) saw a strong increase in share and bond activity compared to the previous week.

Turnover and Volume

During Week 33 of 2024, the DSE recorded a remarkable total turnover of TZS 6.372 billion from 3,678,458 shares traded in 1,770 deals.

Tanzania Investment Guide 2026 Free Edition

This represents an increase of 73.62% in total turnover and a decrease of -31.13% in volume traded compared to the previous week, which saw a turnover of TZS 3.670 billion from 5,341,299 shares traded.

Market Capitalization

At the close of Week 33 of 2024, the total market capitalization and domestic market capitalization of listed shares at the DSE amounted to TZS 17,368.26 billion and TZS 12,321.92 billion, respectively.

This reflects an increase of 0.96% in total capitalization and an increase of 1.27% in domestic capitalization compared to the previous week’s close figures of TZS 17,202.05 billion and TZS 12,166.25 billion.

Bond Market

TanzaniaInvest Capital Markets Report Banner

During week 33 of 2024, the bond market recorded transactions worth TZS 33.99 billion, representing an increase of 46.95% compared to TZS 23.13 billion the previous week.

Indexes

At the end of Week 33 of 2024, all indexes grew except for the Commercial Services (CS) index, which remained flat, and the Industrial & Allied (IA) index, which declined by -0.05% compared to the previous week’s close.

The Banks, Finance & Investment (BI) index once again posted the most significant gain, rising by 3.50%.

IndexClosing Value 9th August 2024Closing Value 16th August 2024Variation
All Share Index (DSEI)2,061.042,080.960.97%
Tanzania Share Index (TSI)4,593.164,651.931.28%
Industrial & Allied (IA)5,071.535,069.10-0.05%
Banks, Finance & Investment (BI)5,665.375,863.553.50%
Commercial Services (CS)2,134.272,134.270.00%

Stock Performances

At the close of Week 33 of 2024, CRDB saw the highest weekly price gain, rising by 9.68%, followed by DCB with an increase of 9.09% and JHL with 8.97%. The biggest loser of the week was NMG, which dropped by -6.25%.

StockClosing Price (TZS) 9th August 2024Closing Price (TZS) 16th August 2024Variation %
AFRIPRISE (formerly TICL)2302300.00%
CRDB6206809.68%
DCB1101209.09%
DSE2,4602,4600.00%
EABL3,1003,1300.97%
JATU2652650.00%
JHL3,1203,4008.97%
KA**80800.00%
KCB620610-1.61%
MBP3003051.67%
MCB3103100.00%
MKCB5405400.00%
MUCOBA4004000.00%
NICO7807901.28%
NMB5,4005,4000.00%
NMG320300-6.25%
PAL4004000.00%
SWALA4504500.00%
SWIS1,0001,0000.00%
TBL10,90010,9000.00%
TCC17,00017,0000.00%
TCCL1,7001,600-5.88%
TOL7007000.00%
TPCC3,8003,8200.53%
TTP1101100.00%
USL550.00%
VODA7707700.00%
YETU5105100.00%
**Suspended.

Want to know more about Capital Markets in Tanzania? Our upcoming Capital Markets Guide covers the Dar es Salaam Stock Exchange (DSE), listed companies, bonds, and private equity, plus the regulatory framework for investing in Tanzania’s capital markets.

Learn More

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, and is also available at no cost upon completion of a short form.

Download Free OverviewGet the Full Edition for Free
Related Posts
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
Read More

Dar es Salaam Stock Exchange Week 40 of 2026: Equity Turnover Holds Steady at +1.47% to TZS 27.87 Billion as NMG (+8.62%) Leads as Best Stock Performer

Dar es Salaam Stock Exchange equity turnover rose +1.47% to TZS 27.87 billion during the week of September 28th to October 2nd, with 11,669,579 shares exchanged across 18,546 deals. NMG advanced +8.62% and NICO gained +4.43% among the top gainers, while MBP declined -7.44% and DCB fell -4.76% among the leading losers. Total market capitalisation closed the week at TZS 40,376.17 billion as the DSEI slipped -1.08% and the Banks, Finance & Investment index retreated -2.22%. Bond market turnover reached TZS 82.69 billion, a week-on-week contraction of -30.27%.
Tanzania Financial Markets Week to 25 September 2026: Interbank Rate Rises to 6.79%, Shilling Eases to TZS 2,645.45/USD
Read More

Tanzania Financial Markets Week to 25 September 2026: Interbank Rate Rises to 6.79%, Shilling Eases to TZS 2,645.45/USD

Tanzania's financial markets in the week to 25 September 2026 saw the interbank 7-day weighted average rate rise to 6.79% from 6.72%, with money market volume climbing to TZS 867.55 billion and the shilling easing 0.16% to TZS 2,645.45 per US dollar. The Treasury bills auction drew TZS 514.54 billion in bids against TZS 388.70 billion offered, while outstanding government securities reached TZS 33,342.80 billion.