Dar es Salaam Stock Exchange Week 5, 2025: Turnover Falls 13%, NMB Leads Gains

The trading week ending Friday, 31st January 2025, at the Dar es Salaam Stock Exchange (DSE) experienced a slowdown in activity, with turnover decreasing by -13% and trading volume falling by nearly -8% compared to the previous week.

Turnover and Volume

The Dar es Salaam Stock Exchange (DSE) recorded a total turnover of TZS 6,918.55 million from 6,953,845 shares traded during Week 5 of 2025.

This marks a -13.01% decrease in turnover from TZS 7,953.60 million in Week 4, while the total trading volume declined by -7.94% from 7,553,612 shares recorded the previous week.

Market Capitalization

At the end of Week 5, 2025, the total market capitalization at the Dar es Salaam Stock Exchange (DSE) stood at TZS 18,529.71 billion, reflecting a -0.74% decrease compared to TZS 18,667.35 billion at the end of Week 4.

Meanwhile, the domestic market capitalization increased to TZS 12,573.57 billion, marking a +1.52% rise from the previous week’s TZS 12,385.71 billion.

Bond Market

The bond market recorded a total turnover of TZS 109.60 billion across 73 deals during Week 5 of 2025. This represents a +4.41% increase from Week 4’s turnover of TZS 104.97 billion in 79 deals.

Government bonds remained the primary driver of activity, with 25-year Treasury bonds dominating trading, particularly those with coupon rates of 15.75% and 15.95%. The 20-year Treasury bonds also saw notable trading volumes, with varying yield levels across transactions.

Meanwhile, corporate bond activity remained limited, with only a few trades recorded in shorter-term issuances.

Indexes

Week 5 of 2025 saw mixed movements among the key indexes at the Dar es Salaam Stock Exchange (DSE). The All Share Index (DSEI) declined by -0.75%, marking a slight downturn in the overall market. In contrast, the Tanzania Share Index (TSI) gained +1.43%, while the Banks, Finance & Investment Index (BI) posted the strongest growth of +3.72%. Meanwhile, the Industrial & Allied Index (IA) and the Commercial Services Index (CS) remained unchanged during the week.

The All Share Index (DSEI) declined by -0.75%, marking a slight downturn in the overall market.

In contrast, the Tanzania Share Index (TSI) gained +1.43%, while the Banks, Finance & Investment Index (BI) posted the strongest growth of +3.72%.

Meanwhile, the Industrial & Allied Index (IA) and the Commercial Services Index (CS) remained unchanged during the week.

Stock Performances

Week 5 of 2025 saw mixed performance across listed stocks at the Dar es Salaam Stock Exchange (DSE).

NMB led the gainers with a +4.46% increase, followed by NMG at +4.00% and CRDB at +2.99%. AFRIPRISE also posted a gain of +2.33%, while JHL recorded a modest +0.52% rise.

On the downside, KCB recorded the largest decline of -6.82%, followed by EABL with a -4.95% drop. MKCB also saw a decrease of -3.45%, while DSE fell by -0.85%.

Most other stocks, including DCB, TBL, TCC, TPCC, and VODA, remained unchanged throughout the week, indicating relative stability in their trading activity.

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