The Latest

Dar es Salaam Stock Exchange Weekly Market Report Friday 15th December 2023: MBP and TICL Winners of the Week

December 16, 2023
1 minute read

For the week ending December 15th, 2023 (Week 50), the Dar es Salaam Stock Exchange (DSE) exhibited significant trading activities across various stocks.

Turnover and Volume

For the week spanning from Monday, 11th December to Friday, 15th December 2023, the Dar es Salaam Stock Exchange (DSE) reported a total weekly turnover of TZS 3,741.73 million.

TANZANIA BUSINESS & INVESTMENT GUIDE 2026

Regarding the volume of shares, there was a total of 8,547,127 shares traded during the week.

    Market Capitalization

    As of Friday, 15th December 2023, the Dar es Salaam Stock Exchange’s total market capitalization reached TZS 14,496.71 billion while the Domestic Market Capitalisation reached TZS 11,401.66 billion

      Bond Market

      In week 50, the Dar es Salaam Stock Exchange’s total bond market activity was TZS 57.91 billion.

      Indexes

      IndexClosing Value 8th December 2023Closing Value15th December 2023Variation
      All Share Index (DSEI)1,741.081,736.89-0.24%
      Tanzania Share Index (TSI)4,310.834,304.51-0.15%
      Industrial & Allied (IA)5,159.225,159.220.00%
      Banks, Finance & Investment (BI)4,590.914,569.87-0.46%
      Commercial Services (CS)2,147.742,147.740.00%

      Stock Performances

      StockClosing Price (TZS) 8th December 2023Closing Price (TZS) 15th December 2023Variation %
      CRDB4554601.10%
      DCB1301300.00%
      DSE1,8201,740-4.40%
      EABL1,8201,8200.00%
      JATU2652650.00%
      JHL3,0203,000-0.66%
      KA**80800.00%
      KCB315310-1.59%
      MBP2903055.17%
      MCB3103100.00%
      MKCB6306300.00%
      MUCOBA4004000.00%
      NICO4654701.08%
      NMB4,6204,560-1.30%
      NMG335325-2.99%
      PAL4004000.00%
      SWALA4504500.00%
      SWIS1,3201,3200.00%
      TBL10,90010,9000.00%
      TCC17,00017,0000.00%
      TCCL2,1002,1000.00%
      TICL1801905.56%
      TOL6606600.00%
      TPCC4,2204,2200.00%
      TTP1201200.00%
      USL550.00%
      VODA7707700.00%
      YETU5105100.00%
      ** Kenya Airways PLC (KA) suspension from trading on its Primary Market at the Nairobi Securities Exchange (NSE) has been extended from 5th January 2023 to 5th January 2024. Meanwhile, KA shares have also been suspended from trading at the DSE from 6th July 2020 as per rules 57(1) and (2) of the DSE Rules, 2016.

      This market report is courtesy of CORE Securities, a leading brokerage and provider of investment advisory services in capital markets in Tanzania and the SADC Region. For assistance with trading on the Dar es Salaam Stock Exchange (DSE), call +255 22 2123103 or write to info@coresecurities.co.tz.

        Tweet
        Share
        Share
        Share
        Related Posts
        DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
        Read More

        Dar es Salaam Stock Exchange Week 9 of 2026: MCB and DCB Soar +33.80% and +23.96% as Market Navigates Two-Day Trading Disruption

        During Week 9 of 2026, the Dar es Salaam Stock Exchange (DSE) experienced an unexpected shortened schedule due to technical challenges that halted trading on Tuesday and Wednesday. Despite the disruption, market sentiment remained aggressively bullish, pushing Total Market Capitalisation to a record TZS 34.64 trillion. While overall equity and bond turnover declined compared to Week 8, the indices surged, led by the Banks, Finance & Investment (BI) Index (+3.55%). MCB and DCB were the top gainers, skyrocketing by +33.80% and +23.96%, respectively.
        DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
        Read More

        Dar es Salaam Stock Exchange Week 8 of 2026: Equity Turnover Surges by +49.80%, MCB Skyrockets by +52.69%

        During Week 8 of 2026 (February 16th–20th), the Dar es Salaam Stock Exchange (DSE) witnessed robust trading activity, with Equity Turnover surging by +49.80% to TZS 87.80 billion. The Banks, Finance & Investment (BI) Index continued its strong rally, gaining +7.77%. MCB was the standout performer, recording a massive +52.69% price appreciation. The Bond Market also saw a significant increase in activity, generating TZS 167.47 billion in turnover. Total Market Capitalisation expanded to TZS 33.75 trillion.
        DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
        Read More

        Dar es Salaam Stock Exchange Week 7 of 2026: Equity Turnover Rises to TZS 58.61 Billion as MCB, MKCB, and MBP Post Extraordinary Gains of +46.46%, +43.51%, and +40.49%

        During Week 7 of 2026 (February 9th – 13th), the Dar es Salaam Stock Exchange (DSE) witnessed a spectacular rally in equity prices, pushing the Banks, Finance & Investment (BI) Index up by +10.06%. Three stocks—MCB, MKCB, and MBP—recorded extraordinary gains of over +40% each. Equity Turnover surged by +32.93% to TZS 58.61 billion, while the bond market activity moderated to TZS 105.42 billion after the previous week's record highs. Total Market Capitalisation expanded by +5.90% to reach TZS 32.64 trillion.
        DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
        Read More

        Dar es Salaam Stock Exchange Week 6 of 2026: Total Market Capitalisation Surpass TZS 30 trillion and Domestic Capitalisation Exceed TZS 20 trillion as Banks Rally

        During Week 6 of 2026, the Dar es Salaam Stock Exchange (DSE) achieved a historic milestone as Total Market Capitalisation crossed the TZS 30 trillion mark, closing at TZS 30.82 trillion, and the Domestic Market Capitalisation crossed the TZS 20 trillion mark, closing at TZS 21.25 trillion. The stock market witnessed explosive growth in the banking sector, the bond market recorded a phenomenal turnover of TZS 258.61 billion. USL was the surprise top gainer, skyrocketing +400.00%, while CRDB and NICO posted robust gains of +22.93% and +21.74%, respectively.