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% |
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