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 24 of 2026: Equity Turnover Surges +30.51% to TZS 27.03 Billion as TOL (+30.63%) Leads as Best Stock Performer

The Dar es Salaam Stock Exchange recorded equity turnover of TZS 27.03 billion during Week 24 of 2026, a week-on-week rise of +30.51%, on 6,955,576 shares traded across 21,844 deals. TOL advanced +30.63%, KA gained +4.35%, and EABL rose +4.34%, while MUCOBA fell -15.45%, AFRIPRISE declined -12.32%, and MCB dropped -11.97%. Total market capitalisation closed the week at TZS 33,778.87 billion as the DSEI edged -1.17% and the Commercial Services index slid -4.58%. Foreign investors were net sellers, registering a net outflow of USD -5,540,226. Bond market turnover reached TZS 50.76 billion, contracting -42.21% week-on-week.
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
Read More

Dar es Salaam Stock Exchange Week 23 of 2026: Equity Turnover Surges +51.19% to TZS 20.71 Billion as MUCOBA (+38.20%) and TOL (+22.65%) Lead Gainers

During Week 23 of 2026 (June 1-5), DSE equity turnover surged +51.19% to TZS 20.71 billion on volume of 6,557,479 shares across 19,464 deals. MUCOBA (+38.20%), TOL (+22.65%) and MCB (+12.50%) led gainers, while NMG (-3.77%), TBL (-3.36%) and EABL (-3.01%) topped losers. Total market capitalisation closed at TZS 34,178.81 billion with the DSEI essentially flat at -0.04%, and Commercial Services (+3.06%) was the standout index. Foreign investors were net sellers at USD -1,690,466. Bond turnover totaled TZS 87.84 billion, down -6.30% week-on-week.