Dar es Salaam Stock Exchange Week 32, 2024 Report: Strong Increase in Share and Bond Activity

DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report

The four-day trading week ending on Friday, 9th August 2024, at the Dar es Salaam Stock Exchange (DSE) saw a strong increase in share and bond activity compared to the previous week.

Turnover and Volume

During Week 32 of 2024, the DSE recorded a remarkable total turnover of TZS 3.670 billion from 5,341,299 shares traded in 1,797 deals. This represents an increase of 44.77% in total turnover and 17.09% in volume traded compared to the previous week, which saw a turnover of TZS 2.535 billion from 1,958,992 shares traded.

Market Capitalization

At the close of Week 32 in 2024, the total market capitalization and domestic market capitalization of listed shares at the DSE amounted to TZS 17,202.05 billion and TZS 12,166.25 billion, respectively. This reflects a decrease of -0.28% in total capitalization and an increase of 0.37% in domestic capitalization compared to the previous week’s close figures of TZS 17,252.07 billion and TZS 12,120.42 billion.

Bond Market

The bond market recorded transactions worth TZS 23.13 billion, representing an increase of 299.48% compared to TZS 5.79 billion the previous week.

Indexes

At the end of Week 32 in 2024, the Banks, Finance & Investment (BI) index experienced the most notable gain, increasing by 1.10% compared to the previous week’s close.

IndexClosing Value 2nd August 2024Closing Value 9th August 2024Variation
All Share Index (DSEI)2,067.032,061.04-0.29%
Tanzania Share Index (TSI)4,575.854,593.160.38%
Industrial & Allied (IA)5,074.705,071.53-0.06%
Banks, Finance & Investment (BI)5,603.545,665.371.10%
Commercial Services (CS)2,134.272,134.270.00%

Stock Performances

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At the close of Week 32 in 2024, CRDB was the only stock that enjoyed a weekly price gain, rising by 3.33%. The biggest loser of the week was NMC, which fell by 8.57%.

StockClosing Price (TZS) 2nd August 2024Closing Price (TZS) 9th August 2024Variation %
AFRIPRISE (formerly TICL)245230-6.12%
CRDB6006203.33%
DCB1101100.00%
DSE2,4602,4600.00%
EABL3,1603,100-1.90%
JATU2652650.00%
JHL3,3003,120-5.45%
KA**80800.00%
KCB630620-1.59%
MBP3003000.00%
MCB3103100.00%
MKCB5405400.00%
MUCOBA4004000.00%
NICO790780-1.27%
NMB5,4005,4000.00%
NMG350320-8.57%
PAL4004000.00%
SWALA4504500.00%
SWIS1,0001,0000.00%
TBL10,90010,9000.00%
TCC17,00017,0000.00%
TCCL1,7001,7000.00%
TOL7007000.00%
TPCC3,8203,800-0.52%
TTP1101100.00%
USL550.00%
VODA7707700.00%
YETU5105100.00%
**Suspended.
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