DAR ES SALAAM STOCK EXCHANGE
Market Report
Wednesday, 21
st
January 2026
DSE recorded a total turnover of TZS 18,306.95 million from 9,762,770 shares traded in 6,366 deals, TZS 145.99 million from 364,742
ETF shares traded in 722 deals; and TZS 5.12 billion from bonds traded in 20 deals.
On the Block Trade Pre-arranged Market board, CRDB counter traded a block of 2,336,908 shares, KCB counter traded a block of
1,520,000 shares, while TCCL counter traded a block of 1,000,000 shares.
On the Normal Board, AFRIPRISE counter had 505,155 shares traded at a weighted average price of TZS 635 per share in 486 deal(s).
CRDB counter had 3,735,157 shares traded at a weighted average price of TZS 1,990 per share in 3943 deal(s). DCB counter had
283,556 shares traded at a weighted average price of TZS 410 per share in 396 deal(s). DSE counter had 6,011 shares traded at a
weighted average price of TZS 7,320 per share in 59 deal(s). JHL counter had 22,480 shares traded at a weighted average price of TZS
6,700 per share in 1 deal(s). KCB counter had 4,530 shares traded at a weighted average price of TZS 1,480 per share in 2 deal(s).
MBP counter had 34,401 shares traded at a weighted average price of TZS 2,580 per share in 191 deal(s). MCB counter had 581
shares traded at a weighted average price of TZS 595 per share in 11 deal(s). MKCB counter had 5,358 shares traded at a weighted
average price of TZS 5,000 per share in 60 deal(s). MUCOBA counter had 157 shares traded at a weighted average price of TZS 435
per share in 8 deal(s). NICO counter had 30,976 shares traded at a weighted average price of TZS 3,630 per share in 185 deal(s). NMB
counter had 4,830 shares traded at a weighted average price of TZS 9,410 per share in 56 deal(s). PAL counter had 25,390 shares
traded at a weighted average price of TZS 300 per share in 154 deal(s). SWIS counter had 16,180 shares traded at a weighted average
price of TZS 3,310 per share in 55 deal(s). TBL counter had 4,758 shares traded at a weighted average price of TZS 9,540 per share in
72 deal(s). TCC counter had 5,747 shares traded at a weighted average price of TZS 11,390 per share in 26 deal(s). TCCL counter had
3,536 shares traded at a weighted average price of TZS 3,410 per share in 22 deal(s). TOL counter had 5,774 shares traded at a
weighted average price of TZS 1,110 per share in 45 deal(s). TPCC counter had 2,201 shares traded at a weighted average price of
TZS 6,140 per share in 45 deal(s). TTP counter had 2,204 shares traded at a weighted average price of TZS 500 per share in 28
deal(s).VODA counter had 206,880 shares traded at a weighted average price of TZS 980 per share in 514 deal(s).
On the ETF Board, VERTEX-ETF counter had 364,742 shares traded at a weighted average price of TZS 400 per share in 722 deal(s).
On the Government Bonds Board, a 15-year bond with a coupon rate of 11.15% and a face value of TZS 0.04 bln was traded at a price
of 100.0000% in 1 deal(s), a 15-year bond with a coupon rate of 13.50% and a face value of TZS 3.00 bln was traded at a price of
116.5682% in 2 deal(s), a 20-year bond with a coupon rate of 13.00% and a face value of TZS 1.31 bln was traded at prices of
107.4317%, 109.4313% and 115.8973% in 6 deal(s), a 20-year bond with a coupon rate of 15.49% and a face value of TZS 0.12 bln
was traded at prices of 100.0000% and 133.8560% in 3 deal(s), while a 25-year bond with a coupon rate of 12.56% and a face value of
TZS 0.66 bln was traded at prices of 100.0000%, 100.0001%, 101.1202%, 102.8152%, 103.6703% and 110.0000% in 8 deal(s).
There was no activity in the Corporate Bonds segment.
Equities Market Turnover (in million TZS)
21 Jan 26
Jan -Mar 26
Oct -Dec 25
Jan -Mar 25
Total Turnover
18,306.95
118,341.17
135,686.13
123,495.19
Turnover from Shares Bought by
0.57
2,003.93
19,128.77
10,226.89
Foreign Investors:
%Buying Local Investors
100.00
98.31
85.90
91.72
%Buying Foreign Investors
0.00
1.69
14.10
8.28
Turnover from Shares Sold by
4,219.64
36,867.52
45,142.40
57,154.74
Foreign Investors:
%Selling Local Investors
76.95
68.85
66.73
53.72
%Selling Foreign Investors
23.05
31.15
33.27
46.28
ETF Market Turnover (in million TZS)
21 Jan 26
Jan -Mar 26
Oct -Dec 25
Jan -Mar 25
Total Turnover
145.99
1,499.34
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)
21 Jan 26
Oct - Dec 25
Jan - Mar 25
Face Value
Transaction Value
5.13
5.79
1,724.72
1,891.11
962.88
983.41
Value of Corporate Bonds Traded (in Million TZS)
21 Jan 26
Oct - Dec 25
Jan - Mar 25
Face Value
Transaction Value
0
0
3,089.71
2,907.62
3,730.10
3,346.47
Key Market Indicators:
21 Jan 26
31 Dec 25
31 Jan 25
Total Market Capitalisation (TZS bln)
27,783.63
23,995.34
18,529.71
Domestic Market Capitalisation (TZS bln)
18,961.17
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)
3,197.97
2,761.93
2,218.96
Tanzania Share Index (TSI)
7,008.99
5,759.41
4,743.38
Industrial & Allied (IA)
4,815.40
4,298.45
5,070.13
Banks, Finance & Investment (BI)
13,374.78
10,900.19
6,164.62
Commercial Services (CS)
2,798.33
1,885.46
2,134.27
Exchange Rate:
21 Jan 26
31 Dec 25
31 Jan 25
TZS/USD (BOT Mean Rate)
2,471.80
2,447.46
2,486.64
TZS/KE (BOT Mean Rate)
19.15
18.97
19.24
TZS/GBP (BOT Mean Rate)
3,325.81
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: 21-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
570
635
655
590
319,839,180
486
505,155
92.73
434,863
0
CRDB
1,930
1,990
2,020
1,950
11,985,141,630
3,948
6,072,065
5,197.56
421,686
98,301
DCB
360
410
410
360
115,569,950
396
283,556
78.55
207,340
0
DSE
7,460
7,320
7,400
7,250
43,993,200
59
6,011
174.39
280
9,785
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
6,700
6,700
150,616,000
1
22,480
485.57
0
0
KA
105
105
0
0
0
0
0
596.55
0
0
KCB
1,450
1,480
1,480
1,480
2,210,704,400
3
1,524,530
4,396.10
29,831
0
MBP
2,400
2,580
2,760
2,160
88,698,400
191
34,401
77.37
11,053
2,134
MCB
560
595
600
590
346,790
11
581
36.79
7,647
0
MKCB
5,380
5,000
5,380
4,800
26,847,940
60
5,358
117.78
463
13,748
MUCOBA
435
435
500
500
78,500
8
157
14.21
437
0
NICO
3,190
3,630
3,660
3,450
112,272,080
185
30,976
223.77
26,221
22,553
Co.
Opening Price
(TZS)
Closing Price
(TZS)
High
(TZS)
Low
(TZS)
Turnover
(TZS)
Deals
Volume
Market Cap (TZS)
Billions
Outstanding
Bids
Outstanding
Offers
NMB
9,300
9,410
9,470
9,260
45,417,680
56
4,830
4,705.00
36,690
0
NMG
280
280
0
0
0
0
0
52.79
0
0
PAL
305
300
305
280
7,674,125
154
25,390
48.14
1,467
3,545
SWALA
450
450
0
0
0
0
0
47.79
0
0
SWIS
3,280
3,310
3,500
3,220
53,530,490
55
16,180
119.16
243
2,220
TBL
9,600
9,540
9,620
9,450
45,413,280
72
4,758
2,814.83
0
56,418
TCC
11,200
11,390
11,400
11,260
65,423,400
26
5,747
1,139.00
8,261
0
TCCL
3,430
3,410
3,450
3,400
2,812,048,500
23
1,003,536
651.35
153
25,698
TOL
1,080
1,110
1,200
1,010
6,393,310
45
5,774
63.83
3,130
0
TPCC
6,150
6,140
6,140
6,100
13,494,350
45
2,201
1,104.73
20
30,772
TTP
495
500
500
500
1,102,000
28
2,204
47.53
2,127
3,904
USL
5
5
0
0
0
0
0
1.82
0
0
VODA
940
980
985
950
202,348,810
514
206,880
2,195.20
110,427
142,175
YETU
510
510
0
0
0
0
0
6.18
0
0
Total
18,306,954,015
6,366
9,762,770
27,783.63
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: 21-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
420
380
145,992,970
722
364,742
21.60
16,343
99,607
Total
145,992,970
722
364,742
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 DealsTrade Date
Amount
(Bln TZS)
Price
(%)
Yield
551 15 13.50 26/11/2020 03/12/2035 121/01/2026
2.00000
116.5682 11.0433
551 15 13.50 26/11/2020 03/12/2035 121/01/2026
1.00000
116.5682 11.0433
622 25 12.56 21/12/2022 22/12/2047 121/01/2026
0.16100
103.6703 12.2102
622 25 12.56 21/12/2022 22/12/2047 121/01/2026
0.10000
103.6703 12.2102
549 20 15.49 04/11/2020 05/11/2040 121/01/2026
0.02500
133.8560 11.1999
693 20 13.00 18/12/2025 18/12/2045 121/01/2026
0.24960
115.8973 9.5687
563 20 15.49 19/05/2021 20/05/2041 121/01/2026
0.04000
100.0000 15.9524
563 20 15.49 19/05/2021 20/05/2041 121/01/2026
0.05000
100.0000 15.9524
601 25 12.56 08/07/2022 08/07/2047 121/01/2026
0.20000
100.0000 12.6190
639 25 12.56 28/06/2023 30/06/2048 121/01/2026
0.02700
100.0000 12.6613
653 25 12.56 28/12/2023 28/12/2048 121/01/2026
0.04340
101.1202 12.5148
601 25 12.56 08/07/2022 08/07/2047 121/01/2026
0.01160
100.0001 12.6190
653 25 12.56 28/12/2023 28/12/2048 121/01/2026
0.02000
110.0000 11.4177
656 15 11.15 08/02/2024 08/02/2039 121/01/2026
0.04000
100.0000 11.9164
653 25 12.56 28/12/2023 28/12/2048 121/01/2026
0.10000
102.8152 12.2926
693 20 13.00 18/12/2025 18/12/2045 121/01/2026
0.51920
109.4313 10.4180
693 20 13.00 18/12/2025 18/12/2045 121/01/2026
0.24660
109.4313 10.4180
693 20 13.00 18/12/2025 18/12/2045 121/01/2026
0.18960
109.4313 10.4180
693 20 13.00 18/12/2025 18/12/2045 121/01/2026
0.09960
109.4313 10.4180
693 20 13.00 18/12/2025 18/12/2045 121/01/2026
0.00300
107.4317 10.6974
5.12560 20
Total