Dar es Salaam Stock Exchange Week 29 2025: Equity Turnover Up +33.84%, NICO Gains 19.51%, TPCC Down -11.97%

Week 29 of 2025 saw equity turnover on the Dar es Salaam Stock Exchange rise 33.84% week-on-week to TZS 24.84 bn on 9.32 m shares, driven by 5.43 m CRDB, 2.16 m TBL and 0.74 m KCB shares, while bond turnover edged up 3.24% to TZS 60.29 bn and total market capitalisation slipped 0.43% to TZS 20,794.18 bn. The Commercial Services Index advanced 3.53% and the Banks, Finance & Investment Index gained 2.08%, whereas the Industrial & Allied Index declined 3.78%; NICO rallied 19.51% and TPCC dropped -11.97%.
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report

Week 29 of 2025, ending Friday 18 July, recorded equity turnover of TZS 24.84 bn (+33.84%), bond turnover of TZS 60.29 bn (+3.24%), and a -0.43% contraction in total market capitalisation.

Equity Turnover and Volume

Equity turnover reached TZS 24.84 bn, up 33.84% from the previous week’s TZS 18.56 bn. Share volume fell 38.40% to 9.32 m from 15.13 m.

CRDB, TBL and KCB dominated activity with 5.43 m, 2.16 m and 0.74 m shares respectively, together accounting for 89% of total volume.

TANZANIA BUSINESS & INVESTMENT GUIDE 2026

RankStockWeek-Total Shares Traded
1CRDB5,426,734
2TBL2,157,702
3KCB741,900
4TPCC370,882
5VODA184,017
6NMB122,629
7DCB118,353
8AFRIPRISE58,650
9MBP56,168
10NICO56,137
11MKCB10,206
12SWIS8,880
13MCB1,303
14PAL1,193
15TCC227
16MUCOBA110
17TOL80
18DSE70

Market Capitalisation

Total market capitalisation stood at TZS 20,794.18 bn at the end of Week 29, 2025, down -0.43% from TZS 20,883.96 bn a week earlier. Domestic market capitalisation dipped -0.30% to TZS 13,535.19 bn from TZS 13,575.63 bn.

Bond Market

Bond turnover totalled TZS 60.29 bn, a 3.24% increase on Week 28’s TZS 58.40 bn.

Government securities contributed TZS 60.19 bn across 98 deals, led by 20-year 15.49% issues worth TZS 19.25 bn (16 Jul) and 10-year 11.44% tranches of TZS 5.00 bn (14 Jul).

Corporate bonds added TZS 0.10 bn from 10 deals in 3- and 5-year notes priced between 78% and 100% of face value.

Indexes

Only two of the five DSE benchmarks posted gains. The Commercial Services Index (CS) led the market, rising by 3.53%, followed by the Banks, Finance & Investment Index (BI), which gained 2.08%.

RELATED:  Dar es Salaam Stock Exchange Week 39 of 2025: Equity Turnover Rises +9.28%, Bond Turnover Plunges -66.23%, AFRIPRISE +5.38%, DSE -14.97%

On the downside, the Industrial & Allied Index (IA) declined by 3.78%, pulling down both the All-Share Index (DSEI) by -0.43% and the Tanzania Share Index (TSI) by -0.30%.

IndexClosing Value 11th July 2025Closing Value 18th July 2025Variation
All Share Index (DSEI)2,436.332,425.87-0.43%
Tanzania Share Index (TSI)5,128.165,112.89-0.30%
Industrial & Allied (IA)5,101.054,908.01-3.78%
Banks, Finance & Investment (BI)8,059.688,227.012.08%
Commercial Services (CS)1,501.591,554.653.53%

Stock Performances

Insurance group NICO led the gainers, rising +19.51% to TZS 1,470, followed by AFRIPRISE  (+14.71% to TZS 390) and MKCB Bank (+8.20% to TZS 1,320).

Tanzania Portland Cement Company (TPCC) fell ‑11.97% to TZS 5,370, while Maendeleo Bank (MBP) slipped ‑4.00% to TZS 480 and Nation Media Group (NMG) declined  ‑3.45%  to  TZS  280.

Heavy‑weight CRDB Bank closed unchanged at TZS 1,000 on 5.43 m shares; NMB Bank gained +3.10% to TZS 7,320, and Vodacom Tanzania (VODA) advanced +3.85% to TZS 540.

StockClosing Price (TZS) 11th July 2025Closing Price (TZS) 18th July 2025Variation %
AFRIPRISE34039014.71%
CRDB1,0001,0000.00%
DCB1401400.00%
DSE3,0003,0000.00%
EABL4,2204,160-1.42%
JATU2652650.00%
JHL4,8004,8000.00%
KA1051050.00%
KCB1,0001,0000.00%
MBP500480-4.00%
MCB2252302.22%
MKCB1,2201,3208.20%
MUCOBA4004000.00%
NICO1,2301,47019.51%
NMB7,1007,3203.10%
NMG290280-3.45%
PAL3053050.00%
SWALA4504500.00%
SWIS1,5001,5000.00%
TBL9,8809,690-1.92%
TCC16,01015,690-2.00%
TCCL1,9401,9400.00%
TOL7607600.00%
TPCC6,1005,370-11.97%
TTP1201200.00%
USL550.00%
VODA5205403.85%
YETU5105100.00%

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