Dar es Salaam Stock Exchange Report – Week 42, 2024: Turnover Up by 9.56%, NICO Rises 6.67%

DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report

The four-day trading week ending on Friday 18th October 2024 at the Dar es Salaam Stock Exchange (DSE) saw an increase in total turnover and a decrease in volume compared to the previous week.

Turnover and Volume

During Week 42 of 2024, the DSE recorded a total turnover of TZS 4,977.24 million from 2,046,632 shares traded.

Most of the trading activity took place on Wednesday 16th October 2024, with a daily total turnover of TZS 4,218.37 million.

This represents an increase of 9.56% in total turnover and a decrease of -35.40% in volume traded compared to the previous week, which saw a turnover of TZS 4,542.59 million from 3,168,625 shares traded.

Market Capitalization

At the close of Week 42 of 2024, the total market capitalization and domestic market capitalization of listed shares at the DSE amounted to TZS 18,114.84 billion and TZS 12,160.78 billion, respectively.

This reflects an increase of 1.24%and a decrease of -0.13% compared to the previous week’s close figures of TZS 17,892.17 billion and TZS 12,176.73 billion.

Bond Market

During week 42 of 2024, the bond market recorded transactions worth TZS 63.16 billion, representing an increase of 30.03% compared to TZS 48.57 billion the previous week.

Indexes

At the close of Week 42 in 2024, the All Share Index (DSEI) and the Banks, Finance & Investment Index (BI) showed an increase in value, while the Tanzania Share Index (TSI) and the Industrial & Allied Index (IA) experienced a decrease. The Commercial Services Index (CS) remained flat.

IndexClosing Value 11th October 2024Closing Value 18th October 2024Variation
All Share Index (DSEI)2,143.712,170.391.24%
Tanzania Share Index (TSI)4,597.114,591.09-0.13%
Industrial & Allied (IA)5,067.745,050.79-0.33%
Banks, Finance & Investment (BI)5,674.875,679.020.07%
Commercial Services (CS)2,142.692,142.690.00%

Stock Performances

At the close of Week 42 in 2024, NICO, KCB, and NMG recorded the most notable price gains, increasing by 6.67%, 6.49%, and 6.45% respectively. The week’s biggest loser was TPCC, which declined by -2.70%.

StockClosing Price (TZS) 11th October 2024Closing Price (TZS) 18th October 2024Variation %
AFRIPRISE (formerly TICL)250245-2.00%
CRDB6406400.00%
DCB1551603.23%
DSE2,4002,4200.83%
EABL3,3703,4702.97%
JATU2652650.00%
JHL3,4303,5302.92%
KA**80800.00%
KCB7708206.49%
MBP3503500.00%
MCB3103100.00%
MKCB5405400.00%
MUCOBA4004000.00%
NICO7508006.67%
NMB5,3005,3000.00%
NMG3103306.45%
PAL4004000.00%
SWALA4504500.00%
SWIS1,2001,2000.00%
TBL10,90010,9000.00%
TCC17,00017,0000.00%
TCCL1,9601,940-1.02%
TOL6506500.00%
TPCC3,7003,600-2.70%
TTP1101100.00%
USL550.00%
VODA7707700.00%
YETU5105100.00%
**Suspended.

Want to know more about the Capital Markets in Tanzania? Our free Tanzania Business and Investment Guide 2026 covers the Capital Markets, plus regulations, key sectors, and investment opportunities — all in one place.

Download Free Guide
Related Posts
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
Read More

Dar es Salaam Stock Exchange Week 15 of 2026: Equity Turnover Contracts in a 3-Day Week as KA (+27.27%) and PAL (+18.68%) Lead as Best Stock Performers

During Week 15 of 2026, the Dar es Salaam Stock Exchange (DSE) experienced a pullback in overall equity, ETF, and bond trading activity, primarily due to a shortened three-day trading week in observance of Easter Monday and Karume Day. Total equity turnover dropped by -36.88% to TZS 13.88 billion, and share volume decreased by -6.39% compared to the prior week. The ETF market also saw a turnover decline of -21.52%, while the bond market contracted sharply by -62.72% to post TZS 29.12 billion in turnover. Despite the reduced liquidity, stock price movements were overwhelmingly positive, lifting all primary indices across the board. KA led the gainers by appreciating +27.27%, followed by PAL, which gained +18.68%.
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
Read More

Dar es Salaam Stock Exchange Week 14 of 2026: Equity Turnover Contracts in a Shortened Week as KA (+15.79%) and JHL (+7.45%) Lead as Best Stock Performers

During Week 14 of 2026, the Dar es Salaam Stock Exchange (DSE) experienced a pullback in overall equity and ETF trading activity, largely due to a shortened four-day trading week in observance of Good Friday. Total equity turnover dropped by -29.47% to TZS 21.99 billion, while ETF turnover plunged. Conversely, the bond market saw a slight recovery, posting TZS 78.11 billion in turnover. Stock price movements were broadly negative, pulling down the majority of primary indices, though KA led the few gainers by appreciating +15.79%.
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
Read More

Dar es Salaam Stock Exchange Week 13 of 2026: Equity Turnover Recovers, TPCC up by +4.73%

During Week 13 of 2026, the Dar es Salaam Stock Exchange (DSE) experienced a solid recovery in equity market trading, with both turnover and volume increasing significantly compared to Week 12. Total equity turnover grew by +14.38%, driven by consistent block trades and normal board activity, while bond market turnover plummeted by -77.54% following the previous week's highs. Stock price movements were generally subdued, with the primary stock indices recording slight declines except for the Industrial & Allied (IA) Index. TPCC led the week's few gainers by appreciating +4.73%.
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
Read More

Dar es Salaam Stock Exchange Week 12 of 2026: Bond Turnover Surges +70.70% as ETF Trading Spikes in a Cooling Equity Market

During Week 12 of 2026, the Dar es Salaam Stock Exchange (DSE) experienced a pullback in equity trading following the massive volumes of Week 11, while activity in the bond and ETF markets surged significantly. Total equity turnover dropped by -36.13%, but bond turnover climbed a staggering +70.70%. The primary stock indices recorded mixed results, with JHL leading the week's gainers by appreciating +15.00%.