DAR ES SALAAM STOCK EXCHANGE
Market Report
Tuesday, 20
th
January 2026
DSE recorded a total turnover of TZS 34,454.47 million from 11,399,942 shares traded in 5,857 deals, TZS 160.60 million from 402,887
ETF shares traded in 668 deals; and TZS 3.53 billion from bonds traded in 27 deals.
On the Block Trade Pre-arranged Market board, CRDB counter traded a block of 4,600,000 shares, JHL counter traded a block of
477,203 shares, KCB counter traded a block of 335,474 shares, NMB counter traded a block of 970,969 shares, TCC counter traded a
block of 400,000 shares, TCCL counter traded a block of 300,000 shares, while TPCC counter traded a block of 400,000 shares.
On the Normal Board, AFRIPRISE counter had 508,848 shares traded at a weighted average price of TZS 570 per share in 383 deal(s).
CRDB counter had 2,422,118 shares traded at a weighted average price of TZS 1,930 per share in 3052 deal(s). DCB counter had
533,259 shares traded at a weighted average price of TZS 360 per share in 381 deal(s). DSE counter had 3,058 shares traded at a
weighted average price of TZS 7,460 per share in 64 deal(s). MBP counter had 36,657 shares traded at a weighted average price of
TZS 2,400 per share in 149 deal(s). MCB counter had 12,970 shares traded at a weighted average price of TZS 560 per share in 37
deal(s). MKCB counter had 6,817 shares traded at a weighted average price of TZS 5,380 per share in 96 deal(s). MUCOBA counter
had 2,150 shares traded at a weighted average price of TZS 435 per share in 26 deal(s). NICO counter had 37,813 shares traded at a
weighted average price of TZS 3,190 per share in 220 deal(s). NMB counter had 10,470 shares traded at a weighted average price of
TZS 9,300 per share in 165 deal(s). PAL counter had 10,919 shares traded at a weighted average price of TZS 305 per share in 101
deal(s). SWIS counter had 18,979 shares traded at a weighted average price of TZS 3,280 per share in 92 deal(s). TBL counter had
8,416 shares traded at a weighted average price of TZS 9,600 per share in 60 deal(s). TCC counter had 3,462 shares traded at a
weighted average price of TZS 11,200 per share in 19 deal(s). TCCL counter had 11,743 shares traded at a weighted average price of
TZS 3,430 per share in 46 deal(s). TOL counter had 8,947 shares traded at a weighted average price of TZS 1,080 per share in 66
deal(s). TPCC counter had 4,982 shares traded at a weighted average price of TZS 6,150 per share in 48 deal(s). TTP counter had
12,862 shares traded at a weighted average price of TZS 495 per share in 70 deal(s). VODA counter had 261,826 shares traded at a
weighted average price of TZS 940 per share in 764 deal(s).
On the ETF Board, VERTEX-ETF counter had 402,887 shares traded at a weighted average price of TZS 400 per share in 668 deal(s).
On the Government Bonds Board, a 10-year bond with a coupon rate of 11.75% and a face value of TZS 0.07 bln was traded at a price
of 101.0000% in 1 deal(s), a 15-year bond with a coupon rate of 13.50% and a face value of TZS 2.12 bln was traded at prices of
100.0000%, 112.0000% and 116.5677% in 4 deal(s), a 15-year bond with a coupon rate of 14.50% and a face value of TZS 0.00 bln
was traded at a price of 107.0001% in 1 deal(s), a 20-year bond with a coupon rate of 15.49% and a face value of TZS 0.32 bln was
traded at prices of 100.0000%, 115.0000% and 129.9800% in 5 deal(s), a 25-year bond with a coupon rate of 12.56% and a face value
of TZS 0.63 bln was traded at prices of 90.0001%, 100.0000%, 103.0077% and 104.0000% in 5 deal(s), while a 25-year bond with a
coupon rate of 15.95% and a face value of TZS 0.20 bln was traded at prices of 110.0000%, 126.0000% and 133.7281% in 5 deal(s).
On the Corporate Bonds Board, a 5-year bond with a coupon rate of 10.25% and a face value of TZS 30.00 mln was traded at a price of
93.1100% in 1 deal(s), while a 5-year bond with a coupon rate of 12.00% and a face value of TZS 159.00 mln was traded at a price of
100.0000% in 5 deal(s).
Equities Market Turnover (in million TZS)
20 Jan 26
Jan -Mar 26
Oct -Dec 25
Jan -Mar 25
Total Turnover
34,454.48
100,034.21
135,686.13
123,495.19
Turnover from Shares Bought by
692.51
2,003.36
19,128.77
10,226.89
Foreign Investors:
%Buying Local Investors
97.99
98.00
85.90
91.72
%Buying Foreign Investors
2.01
2.00
14.10
8.28
Turnover from Shares Sold by
10,623.40
32,647.88
45,142.40
57,154.74
Foreign Investors:
%Selling Local Investors
69.17
67.36
66.73
53.72
%Selling Foreign Investors
30.83
32.64
33.27
46.28
ETF Market Turnover (in million TZS)
20 Jan 26
Jan -Mar 26
Oct -Dec 25
Jan -Mar 25
Total Turnover
160.60
1,353.35
4,119.94
Turnover from Shares Bought by
0.00
0.00
3.91
Foreign Investors:
%Buying Local Investors
100.00
100.00
99.91
%Buying Foreign Investors
0.00
0.00
0.09
Turnover from Shares Sold by
0.00
0.00
0.00
Foreign Investors:
%Selling Local Investors
100.00
100.00
100.00
%Selling Foreign Investors
0.00
0.00
0.00
Value of Government Bonds Traded (in billions TZS)
20 Jan 26
Oct - Dec 25
Jan - Mar 25
Face Value
Transaction Value
3.34
3.77
1,724.72
1,891.11
962.88
983.41
Value of Corporate Bonds Traded (in Million TZS)
20 Jan 26
Oct - Dec 25
Jan - Mar 25
Face Value
Transaction Value
189.00
186.93
3,089.71
2,907.62
3,730.10
3,346.47
Key Market Indicators:
20 Jan 26
31 Dec 25
31 Jan 25
Total Market Capitalisation (TZS bln)
27,353.59
23,995.34
18,529.71
Domestic Market Capitalisation (TZS bln)
18,620.24
15,580.77
12,573.57
ETF Market Capitalisation (TZS bln)
21.60
21.87
0
Outstanding Government Bonds (TZS bln)
30,216.65
32,724.79
25,215.23
Outstanding Corporate Bonds (TZS bln)
316.48
176.24
59.07
Outstanding Sustainable Bonds (TZS bln)
531.39
459.04
459.04
Outstanding Sustainable Bonds (USD mln)
186.05
153.74
73.00
Outstanding Sub-national Bonds (TZS bln)
53.12
53.12
53.12
Outstanding Sukuk Bonds (TZS bln)
290.5
175.64
11.04
Outstanding Infrastructure Bonds (TZS bln)
323.09
323.09
0
All Share Index (DSEI)
3,148.47
2,761.93
2,218.96
Tanzania Share Index (TSI)
6,882.96
5,759.41
4,743.38
Industrial & Allied (IA)
4,817.15
4,298.45
5,070.13
Banks, Finance & Investment (BI)
13,059.03
10,900.19
6,164.62
Commercial Services (CS)
2,691.87
1,885.46
2,134.27
Exchange Rate:
20 Jan 26
31 Dec 25
31 Jan 25
TZS/USD (BOT Mean Rate)
2,467.72
2,447.46
2,486.64
TZS/KE (BOT Mean Rate)
19.11
18.97
19.24
TZS/GBP (BOT Mean Rate)
3,311.19
3,303.59
3,090.90
S. MREMA
For: CHIEF EXECUTIVE OFFICER
Dar es Salaam Stock Exchange
Box 70081,
2nd Floor, Exchange Tower, NHC Morocco Square, Dar es Salaam
Division: Equity & Fixed Income Markets
Web: www.dse.co.tz
Fax: +255 22 2133849
Tel: 255 22 2123983
Email: info@dse.co.tz
EQUITY DAILY PRICES
DATE: 20-January-2026
Co.
Opening Price
(TZS)
Closing Price
(TZS)
High
(TZS)
Low
(TZS)
Turnover
(TZS)
Deals
Volume
Market Cap (TZS)
Billions
Outstanding
Bids
Outstanding
Offers
AFRIPRISE
510
570
585
530
289,312,410
383
508,848
83.24
448,934
0
CRDB
1,850
1,930
1,940
1,850
13,021,244,610
3,060
7,022,118
5,040.85
474,254
0
DCB
315
360
360
315
191,886,520
381
533,259
68.97
111,957
0
DSE
7,430
7,460
7,500
7,350
22,797,930
64
3,058
177.73
521
167
EABL
4,160
4,160
0
0
0
0
0
3,289.62
0
0
JATU
265
265
0
0
0
0
0
5.28
0
0
JHL
6,700
6,700
0
0
3,197,260,100
1
477,203
485.57
0
0
KA
105
105
0
0
0
0
0
596.55
0
0
KCB
1,450
1,450
0
0
469,663,600
1
335,474
4,306.99
28,440
0
MBP
2,160
2,400
2,480
2,170
88,027,100
149
36,657
71.97
9,229
3,105
MCB
505
560
570
550
7,294,080
37
12,970
34.62
7,216
0
MKCB
5,500
5,380
5,450
4,800
36,567,360
96
6,817
126.73
0
8,234
MUCOBA
405
435
450
405
933,865
26
2,150
14.21
382
0
NICO
3,040
3,190
3,450
3,100
120,677,460
220
37,813
196.65
17,817
0
Co.
Opening Price
(TZS)
Closing Price
(TZS)
High
(TZS)
Low
(TZS)
Turnover
(TZS)
Deals
Volume
Market Cap (TZS)
Billions
Outstanding
Bids
Outstanding
Offers
NMB
9,250
9,300
9,400
9,260
8,950,135,170
170
981,439
4,650.00
27,652
0
NMG
280
280
0
0
0
0
0
52.79
0
0
PAL
300
305
310
280
3,329,030
101
10,919
48.94
9,315
2,783
SWALA
450
450
0
0
0
0
0
47.79
0
0
SWIS
3,310
3,280
3,310
3,210
62,211,870
92
18,979
118.08
3,804
527
TBL
9,600
9,600
9,600
9,560
80,772,400
60
8,416
2,832.54
1,516
1,213
TCC
11,150
11,200
11,250
11,200
4,398,774,900
20
403,462
1,120.00
10,989
0
TCCL
3,580
3,430
3,450
3,300
820,289,950
47
311,743
655.18
81
27,822
TOL
1,150
1,080
1,180
1,010
9,691,000
66
8,947
62.11
2,430
5,198
TPCC
6,150
6,150
6,150
6,110
2,430,617,220
49
404,982
1,106.53
262
28,022
TTP
495
495
500
490
6,362,270
70
12,862
47.05
2,575
916
USL
5
5
0
0
0
0
0
1.82
0
0
VODA
910
940
950
900
246,628,285
764
261,826
2,105.60
74,587
0
YETU
510
510
0
0
0
0
0
6.18
0
0
Total
34,454,477,130
5,857
11,399,942
27,353.59
Dar es Salaam Stock Exchange
Box 70081,
2nd Floor, Exchange Tower, NHC Morocco Square, Dar es Salaam
Division: Equity & Fixed Income Markets
Web: www.dse.co.tz
Fax: +255 22 2133849
Tel: 255 22 2123983
Email: info@dse.co.tz
ETF DAILY PRICES
DATE: 20-January-2026
Co.
Opening Price
(TZS)
Closing Price
(TZS)
High
(TZS)
Low
(TZS)
Turnover
(TZS)
Deals
Volume
Market Cap (TZS)
Billions
Outstanding
Bids
Outstanding
Offers
VERTEX-ETF
400
400
410
380
160,602,745
668
402,887
21.60
43,176
123,917
Total
160,602,745
668
402,887
21.60
Dar es Salaam Stock Exchange
Box 70081,
2nd Floor, Exchange Tower, NHC Morocco Square, Dar es Salaam
Division: Equity & Fixed Income Markets
Web: www.dse.co.tz
Fax: +255 22 2133849
Tel: 255 22 2123983
Email: info@dse.co.tz
Daily Price Information
Bond No.
Term
(Years)
Coupon
(%)
Issue Date
Maturity Date
Deals
Trade Date
Amount
(Bln TZS)
Price
(%)
Yield
561
25
15.95
22/04/2021
22/04/2046
1
20/01/2026
0.03000
110.0000
14.8326
568
25
15.95
05/08/2021
05/08/2046
1
20/01/2026
0.01500
110.0000
15.5053
568
25
15.95
05/08/2021
05/08/2046
1
20/01/2026
0.01520
110.0000
15.5053
653
25
12.56
28/12/2023
28/12/2048
1
20/01/2026
0.02000
90.0001
14.1504
643
25
12.56
16/08/2023
17/08/2048
1
20/01/2026
0.05000
103.0077
12.8775
551
15
13.50
26/11/2020
03/12/2035
1
20/01/2026
2.00000
116.5677
11.0381
694
10
11.75
15/01/2026
15/01/2036
1
20/01/2026
0.07000
101.0000
2.9823
670
15
14.50
27/02/2025
24/02/2040
1
20/01/2026
0.00200
107.0001
14.2879
552
20
15.49
16/12/2020
18/12/2040
1
20/01/2026
0.05000
115.0000
13.3562
552
20
15.49
16/12/2020
18/12/2040
1
20/01/2026
0.10000
115.0000
13.3562
ALBARAKAH
5
12.00
08/10/2025
08/10/2030
1
20/01/2026
0.02500
100.0000
12.1211
ALBARAKAH
5
12.00
08/10/2025
08/10/2030
1
20/01/2026
0.05900
100.0000
12.1211
ALBARAKAH
5
12.00
08/10/2025
08/10/2030
1
20/01/2026
0.02500
100.0000
12.1211
CRDB
5
10.25
23/10/2023
23/10/2028
1
20/01/2026
0.03000
93.1100
14.4342
388
15
13.50
05/03/2015
05/03/2030
1
20/01/2026
0.01260
112.0000
11.3550
561
25
15.95
22/04/2021
22/04/2046
1
20/01/2026
0.04000
126.0000
12.7037
442
15
13.50
16/02/2017
16/02/2032
1
20/01/2026
0.10000
112.0000
12.0456
643
25
12.56
16/08/2023
17/08/2048
1
20/01/2026
0.40000
100.0000
13.3046
643
25
12.56
16/08/2023
17/08/2048
1
20/01/2026
0.10000
104.0000
12.7400
SAMIA
5
12.00
10/02/2025
10/02/2030
1
20/01/2026
0.02500
100.0000
12.7416
SAMIA
5
12.00
10/02/2025
10/02/2030
1
20/01/2026
0.02500
100.0000
12.7416
622
25
12.56
21/12/2022
22/12/2047
1
20/01/2026
0.06210
100.0000
12.6942
549
20
15.49
04/11/2020
05/11/2040
1
20/01/2026
0.02500
129.9800
11.6451
536
15
13.50
04/06/2020
04/06/2035
1
20/01/2026
0.00570
100.0000
13.8373
561
25
15.95
22/04/2021
22/04/2046
1
20/01/2026
0.10000
133.7281
11.8397
504
20
15.49
22/05/2019
22/05/2039
1
20/01/2026
0.10000
100.0000
15.9434
535
20
15.49
21/05/2020
21/05/2040
1
20/01/2026
0.04000
100.0000
15.3514
3.52660
27
Total