The trading week ending on Friday, August 30, 2024, at the Dar es Salaam Stock Exchange (DSE) saw a significant drop in turnover and trading volume, yet select stocks like DCB, EABL, and KCB recorded notable price gains.
Turnover and Volume
During Week 35 of 2024, the DSE recorded a total turnover of TZS 701.06 million from 938,981 shares traded in 1,881 deals.
This represents a massive decrease of -77.28% in total turnover and -73.33% in volume traded compared to the previous week, which saw a turnover of TZS 3.087 billion from 3,520,771 shares traded.
Market Capitalization
At the close of Week 35 of 2024, the total market capitalization and domestic market capitalization of listed shares at the DSE amounted to TZS 17,547.57 billion and TZS 12,300.86 billion, respectively.
This reflects an increase of 1.05% in total capitalization and a decrease of -0.01% in domestic capitalization compared to the previous week’s close figures of TZS 17,365.05 billion and TZS 12,302.87 billion.
Bond Market
During week 35 of 2024, the bond market recorded transactions worth TZS 24.01 billion, representing a decrease of -20.39% compared to TZS 30.16 billion the previous week.
Indexes
At the end of Week 35 in 2024, the only index that increased in value was the All Share Index (DSEI), which rose by 1.05% compared to the previous week’s close.
| Index | Closing Value 23rd August 2024 | Closing Value 30th August 2024 | Variation |
| All Share Index (DSEI) | 2,080.57 | 2,102.43 | 1.05% |
| Tanzania Share Index (TSI) | 4,644.74 | 4,643.98 | -0.02% |
| Industrial & Allied (IA) | 5,072.27 | 5,072.27 | 0.00% |
| Banks, Finance & Investment (BI) | 5,835.22 | 5,832.70 | -0.04% |
| Commercial Services (CS) | 2,134.27 | 2,134.27 | 0.00% |
Stock Performances
At the close of Week 35 in 2024, the only stocks that recorded price gains were DCB, EABL, and KCB, with increases of 7.69%, 6.71%, and 1.52%, respectively. The biggest loser of the week was MBP, which dropped by -7.46%.
| Stock | Closing Price (TZS) 23rd August 2024 | Closing Price (TZS) 30th August 2024 | Variation % |
| AFRIPRISE (formerly TICL) | 230 | 230 | 0.00% |
| CRDB | 670 | 670 | 0.00% |
| DCB | 130 | 140 | 7.69% |
| DSE | 2,460 | 2,440 | -0.81% |
| EABL | 2,980 | 3,180 | 6.71% |
| JATU | 265 | 265 | 0.00% |
| JHL | 3,180 | 3,160 | -0.63% |
| KA** | 80 | 80 | 0.00% |
| KCB | 660 | 670 | 1.52% |
| MBP | 335 | 310 | -7.46% |
| MCB | 310 | 310 | 0.00% |
| MKCB | 560 | 560 | 0.00% |
| MUCOBA | 400 | 400 | 0.00% |
| NICO | 810 | 780 | -3.70% |
| NMB | 5,400 | 5,400 | 0.00% |
| NMG | 310 | 300 | -3.23% |
| 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 | 1,600 | 1,600 | 0.00% |
| TOL | 700 | 700 | 0.00% |
| TPCC | 3,840 | 3,840 | 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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