The Dar es Salaam Stock Exchange (DSE) trading activity spanned from Monday, November 17th, through Friday, November 21st, 2025. This period saw a reduction in activity compared to Week 46.
Equity Turnover and Volume
Equity Turnover (excluding ETF trades) reached TZS 5.48 billion. This reflects a slight -2.14% decrease compared to Week 46’s TZS 5.60 billion.
Share volume totaled 2,722,984 shares. This represents a substantial -41.49% decrease compared to the 4,655,793 shares traded in Week 46.
CRDB overwhelmingly continued to dominate DSE volume, recording a weekly total of 1,892,270 shares.
NMB counter finished the week as the second-most-traded stock with 234,787 shares, significantly bolstered by a block trade of 176,000 shares on Friday, November 21st.
ETF Trading
The VERTEX-ETF counter saw significantly reduced trading activity in Week 47, recording a total unit volume of 832,385 units. This marks a decrease of -42.34% compared to Week 46’s volume of 1,443,617 units. Trading generated a total turnover of TZS 278.91 million, reflecting a sharp decline of -40.75% from Week 46’s TZS 470.76 million.
Market Capitalisation
The Total Market Capitalisation closed Week 47 at TZS 22,011.02 billion. This represents an increase of +0.88% compared to the Week 46 closing figure of TZS 21,819.10 billion.
The Domestic Market Capitalisation closed Week 47 at TZS 13,597.69 billion. This reflects a marginal increase of +0.11% compared to the Week 46 closing figure of TZS 13,582.75 billion.
Bond Market
Bond turnover totaled TZS 116.62 billion. This represented a substantial increase of +45.92% compared to Week 46’s total bond turnover of TZS 79.92 billion.
Government securities supplied approximately TZS 116.36 billion across 70 deals. Significant government activity was seen across various maturities, including 5-year, 10-year, 15-year, 20-year, and 25-year bonds.
Corporate bonds added roughly TZS 0.26 billion from 18 deals. Corporate notes included 3-year bonds (9.50% and 12.50% coupons) and 5-year notes (12.00% and 12.75% coupons).
Indexes
The DSE benchmarks mostly improved in Week 47. The All Share Index (DSEI) recorded the largest increase, gaining +0.88%. The Commercial Services (CS) Index was the only index to decrease during the week, falling by -0.74% (1,663.08 to 1,650.78).
| Index | Closing Value 14th November 2025 | Closing Value 21st November 2025 | Variation |
| All Share Index (DSEI) | 2,545.41 | 2,567.89 | 0.88% |
| Tanzania Share Index (TSI) | 5,130.88 | 5,136.35 | 0.11% |
| Industrial & Allied (IA) | 4,057.28 | 4,057.60 | 0.01% |
| Banks, Finance & Investment (BI) | 9,378.04 | 9,408.61 | 0.33% |
| Commercial Services (CS) | 1,663.08 | 1,650.78 | -0.74% |
Stock Performances
Gains were overwhelmingly led by MCB, which surged by +17.05% to close the week at TZS 515 per share. This strong performance follows MCB also being the top gainer in Week 46, where it rose by +18.92%.
The second-highest gain for the week belonged to MUCOBA, which recorded an appreciation of +5.26%, rising from TZS 380 to TZS 400 per share.
Other notable gainers included KCB, which rose by +4.65% (from TZS 1,290 to TZS 1,350), and TPCC, which was up +3.09% (from TZS 5,820 to TZS 6,000). CRDB and TCCL also recorded gains of +1.75% and +1.74%, respectively.
The biggest losses during Week 47 were recorded by MBP, which declined by -15.71% to close at TZS 590. PAL was the second largest loser for the week, recording a drop of -13.79% (from TZS 290 to TZS 250), continuing its decline from Week 46 where it was the top loser. DCB also saw a significant drop of -10.00% (from TZS 250 to TZS 225).
| Stock | Closing Price (TZS) 14th November 2025 | Closing Price (TZS) 21st November 2025 | Variation % |
| AFRIPRISE | 465 | 425 | -8.60% |
| CRDB | 1,140 | 1,160 | 1.75% |
| DCB | 250 | 225 | -10.00% |
| DSE | 6,270 | 5,900 | -5.90% |
| EABL | 4,160 | 4,160 | 0.00% |
| JATU | 265 | 265 | 0.00% |
| JHL | 6,400 | 6,400 | 0.00% |
| KA | 105 | 105 | 0.00% |
| KCB | 1,290 | 1,350 | 4.65% |
| MBP | 700 | 590 | -15.71% |
| MCB | 440 | 515 | 17.05% |
| MKCB | 2,550 | 2,300 | -9.80% |
| MUCOBA | 380 | 400 | 5.26% |
| NICO | 1,380 | 1,390 | 0.72% |
| NMB | 8,130 | 8,120 | -0.12% |
| NMG | 280 | 280 | 0.00% |
| PAL | 290 | 250 | -13.79% |
| SWALA | 450 | 450 | 0.00% |
| SWIS | 1,620 | 1,510 | -6.79% |
| TBL | 7,860 | 7,800 | -0.76% |
| TCC | 9,940 | 9,800 | -1.41% |
| TCCL | 2,300 | 2,340 | 1.74% |
| TOL | 900 | 850 | -5.56% |
| TPCC | 5,820 | 6,000 | 3.09% |
| TTP | 500 | 500 | 0.00% |
| USL | 5 | 5 | 0.00% |
| VODA | 580 | 580 | 0.00% |
| YETU | 510 | 510 | 0.00% |
