The trading week ending Friday, 22nd November 2024, at the Dar es Salaam Stock Exchange (DSE) saw increased turnover but significant declines in market indexes, with CRDB continuing to dominate trading activity and NMG leading losses.
Turnover and Volume
For the week ending Friday, 22nd November 2024, the DSE recorded a total turnover of TZS 2,198.14 million from 1,975,819 shares traded in 2,885 deals.
This represents a +56.08% increase in turnover and a +68.76% increase in volume compared to Week 46, which recorded a turnover of TZS 1,408.31 million from 1,170,765 shares traded.
Stock Trading Activity
The top traded stocks during Week 47 were:
Stock | Shares Traded | Turnover (TZS mln) |
CRDB | 1,195,286 | 777.94 |
NMB | 39,894 | 215.64 |
AFRIPRISE | 29,976 | 6.92 |
NICO | 21,572 | 14.91 |
TPCC | 2,629 | 9.49 |
DSE | 2,152 | 5.2 |
TBL | 280 | 2.91 |
TCC | 20 | 0.32 |
Market Capitalization
At the close of Week 47, the total market capitalization stood at TZS 18,258.59 billion, compared to TZS 18,377.44 billion at the close of Week 46. This represents a -0.65% decrease in total market capitalization.
The domestic market capitalization fell to TZS 12,209.40 billion, from TZS 12,288.64 billion in Week 46. This represents a -0.64% decrease in domestic market capitalization.
Bond Market
The bond market recorded a total turnover of TZS 16.08 billion in 122 deals, with activity dominated by 20-year and 25-year government bonds.
This marks a -88.34% decrease in bond market turnover compared to Week 46, which saw TZS 137.90 billion traded.
Indexes
During Week 47, all indexes on the DSE experienced declines except for the Commercial Services Index (CS), which remained flat.
Index | Closing Value 15th November 2024 | Closing Value 22nd November 2024 | Variation |
All Share Index (DSEI) | 2,201.85 | 2,187.62 | -0.65% |
Tanzania Share Index (TSI) | 4,639.36 | 4,609.44 | -0.64% |
Industrial & Allied (IA) | 5,057.21 | 5,056.09 | -0.02% |
Banks, Finance & Investment (BI) | 5,828.93 | 5,731.41 | -1.67% |
Commercial Services (CS) | 2,143.53 | 2,143.53 | 0.00% |
Stock Performances
At the close of Week 47 in 2024, JHL recorded the only price gain at +2.66%, while the biggest loser of the week was NMG, which declined by -12.28%.
Stock | Closing Price (TZS) 15th November 2024 | Closing Price (TZS) 22nd November 2024 | Variation % |
AFRIPRISE (formerly TICL) | 235 | 230 | -2.13% |
CRDB | 670 | 650 | -2.99% |
DCB | 160 | 160 | 0.00% |
DSE | 2,400 | 2,400 | 0.00% |
EABL | 3,740 | 3,690 | -1.34% |
JATU | 265 | 265 | 0.00% |
JHL | 3,380 | 3,470 | 2.66% |
KA** | 80 | 80 | 0.00% |
KCB | 800 | 800 | 0.00% |
MBP | 340 | 340 | 0.00% |
MCB | 310 | 310 | 0.00% |
MKCB | 560 | 560 | 0.00% |
MUCOBA | 400 | 400 | 0.00% |
NICO | 690 | 690 | 0.00% |
NMB | 5,400 | 5,350 | -0.93% |
NMG | 285 | 250 | -12.28% |
PAL | 400 | 400 | 0.00% |
SWALA | 450 | 450 | 0.00% |
SWIS | 1,220 | 1,220 | 0.00% |
TBL | 10,900 | 10,900 | 0.00% |
TCC | 17,000 | 17,000 | 0.00% |
TCCL | 1,980 | 1,960 | -1.01% |
TOL | 670 | 670 | 0.00% |
TPCC | 3,620 | 3,620 | 0.00% |
TTP | 110 | 110 | 0.00% |
USL | 5 | 5 | 0.00% |
VODA | 770 | 770 | 0.00% |
YETU | 510 | 510 | 0.00% |
**Suspended