The Dar es Salaam Stock Exchange (DSE) experienced varied trading activities during the week ending Friday, 20th October 2023, with a week-on-week increase in turnover of 50%.
Turnover and Volume
From Monday, 16th October to Friday, 20th October 2023, the DSE witnessed a cumulative turnover of TZS 4,525.18 million from a total volume of 8,584,070 shares traded.
In comparison to the TZS 3,011.33 million from the previous week, there was an increase of approximately 50.2% in turnover.
The most active stocks in terms of volume traded during the week were CRDB with a total of 1,834,780 shares traded, NICO with 72,329 shares traded, and NMB with 48,655 shares traded.
Market Capitalization
The total market capitalization as of 20th October 2023 stood at TZS 14,835.86 billion.
This represents a slight decrease of -0.19% from TZS 14,864.05 billion as of 13th October 2023.
The domestic market capitalization closed at TZS 11,389.98 billion, indicating a decrease of -0.24% from TZS 11,363.49 billion in the previous week.
Bond Market
The bond market for the week recorded a cumulative turnover of TZS 71.94 billion. All the activity in the bond market was attributed to government bonds, with no activity observed in the corporate bonds segment.
Indexes
| Index | Closing Value 13th October 2023 | Closing Value 20th October 2023 | Variation |
| All Share Index (DSEI) | 1,782.50 | 1,779.12 | -0.19% |
| Tanzania Share Index (TSI) | 4,295.09 | 4,305.10 | 0.23% |
| Industrial & Allied (IA) | 5,127.20 | 5,145.27 | 0.35% |
| Banks, Finance & Investment (BI) | 4,571.56 | 4,586.26 | 0.32% |
| Commercial Services (CS) | 2,159.53 | 2,152.79 | -0.31% |
Stock Performances
The most notable variations in stock price for the week were observed in TICL, which saw an increase of 7.69%, followed by TPCC with a rise of 2.43%. On the other hand, SWIS experienced a significant decrease of -10.00%.
| Company | Closing Price (TZS) 13th October 2023 | Closing Price (TZS) 20th October 2023 | Variation % |
| CRDB | 440 | 440 | 0.00% |
| DCB | 140 | 140 | 0.00% |
| DSE | 1,760 | 1,760 | 0.00% |
| EABL | 2,160 | 2,180 | 0.93% |
| JATU | 265 | 265 | 0.00% |
| JHL | 3,220 | 3,080 | -4.35% |
| KA** | 80 | 80 | 0.00% |
| KCB | 350 | 330 | -5.71% |
| MBP | 280 | 280 | 0.00% |
| MCB | 320 | 320 | 0.00% |
| MKCB | 630 | 630 | 0.00% |
| MUCOBA | 400 | 400 | 0.00% |
| NICO | 510 | 520 | 1.96% |
| NMB | 4,660 | 4,680 | 0.43% |
| NMG | 335 | 330 | -1.49% |
| PAL | 400 | 400 | 0.00% |
| SWALA | 450 | 450 | 0.00% |
| SWIS | 1,600 | 1,440 | -10.00% |
| TBL | 10,900 | 10,900 | 0.00% |
| TCC | 17,000 | 17,000 | 0.00% |
| TCCL | 1,820 | 1,860 | 2.20% |
| TICL | 195 | 210 | 7.69% |
| TOL | 650 | 650 | 0.00% |
| TPCC | 4,120 | 4,220 | 2.43% |
| TTP | 120 | 120 | 0.00% |
| USL | 5 | 5 | 0.00% |
| VODA | 770 | 770 | 0.00% |
| YETU | 510 | 510 | 0.00% |
This market report is courtesy of CORE Securities, a leading brokerage and provider of investment advisory services in capital markets in Tanzania and the SADC Region. For assistance with trading on the Dar es Salaam Stock Exchange (DSE), call +255 22 2123103 or write to info@coresecurities.co.tz.
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