Dar es Salaam Stock Exchange Report – Week 46, 2024: Decreased Activity, MKCB Leads Gains, EABL Biggest Loss

The Dar es Salaam Stock Exchange (DSE) experienced mixed activity in Week 46 of 2024, with a total turnover of TZS 1,408.31 million from 1,170,765 shares traded. The All Share Index (DSEI) saw the largest decline at -0.87%, while MKCB led stock gains with a +3.70% increase. Bond market activity surged, recording a +157.91% increase in turnover, highlighting renewed investor interest in government securities.
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report

The trading week ending Friday, 15th November 2024, at the Dar es Salaam Stock Exchange (DSE) saw mixed activity compared to the previous week, with CRDB again leading trades.

Turnover and Volume

For the week ending Friday, 15th November 2024, the DSE recorded a total turnover of TZS 1,408.31 million from 1,170,765 shares traded in 2,769 deals.

This represents a +28.94% increase in turnover and a -26.73% decrease in volume compared to Week 45, which saw a turnover of TZS 1,092.16 million from 1,597,956 shares traded.

    Stock Trading Activity

    The top traded stocks during Week 46 were:

    StockShares TradedTurnover (TZS mln)
    CRDB924,791619.61
    NMB26,349142.60
    NICO35,80524.67
    AFRIPRISE25,8756.09
    DSE7,55718.23
    TPCC11,93343.05
    TBL600.62
    TCC1101.78

      Market Capitalization

      At the close of Week 46, the total market capitalization stood at TZS 18,377.44 billion, compared to TZS 18,538.32 billion at the close of Week 45. This represents a -0.87% decrease in total market capitalization.

      The domestic market capitalization increased slightly to TZS 12,288.64 billion, from TZS 12,286.40 billion in Week 45. This represents a +0.02% increase in domestic market capitalization.

      Bond Market

      The bond market recorded a total turnover of TZS 137.90 billion in 85 deals, with notable activity in the 20-year and 25-year government bonds. This marks a +157.99% increase in bond market turnover compared to Week 45, which saw TZS 53.45 billion traded.

      Corporate bond activity remained minimal, with a few trades recorded.

        Indexes

        At the close of Week 46 in 2024, the All Share Index (DSEI) recorded the largest decline, while the Tanzania Share Index (TSI) and Industrial & Allied (IA) sectors showed slight gains.

        IndexClosing Value 8th November 2024Closing Value 15th November 2024Variation
        All Share Index (DSEI)2,221.132,201.85-0.87%
        Tanzania Share Index (TSI)4,638.524,639.360.02%
        Industrial & Allied (IA)5,054.045,057.210.06%
        Banks, Finance & Investment (BI)5,830.625,828.93-0.03%
        Commercial Services (CS)2,143.532,143.530.00%

        Stock Performances

        At the close of Week 46 in 2024, MKCB led the gains with a +3.70% increase, reflecting strong investor interest, while EABL recorded the largest decline at -4.35%, driven by reduced demand. Most stocks, including CRDB and NMB, remained stable, signaling a balanced market sentiment despite individual fluctuations.

        StockClosing Price (TZS) 8th November 2024Closing Price (TZS) 15th November 2024Variation %
        AFRIPRISE (formerly TICL)240235-2.08%
        CRDB6706700.00%
        DCB1601600.00%
        DSE2,4202,400-0.83%
        EABL3,9103,740-4.35%
        JATU2652650.00%
        JHL3,3403,3801.20%
        KA**80800.00%
        KCB810800-1.23%
        MBP3403400.00%
        MCB3103100.00%
        MKCB5405603.70%
        MUCOBA4004000.00%
        NICO700690-1.43%
        NMB5,4005,4000.00%
        NMG295285-3.39%
        PAL4004000.00%
        SWALA4504500.00%
        SWIS1,2201,2200.00%
        TBL10,90010,9000.00%
        TCC17,00017,0000.00%
        TCCL1,9801,9800.00%
        TOL6706700.00%
        TPCC3,6003,6200.56%
        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.