DAR ES SALAAM STOCK EXCHANGE
Market Report
Thursday, 20
th
November 2025
DSE recorded a total turnover of TZS 332.36 million from 268,452 shares traded in 832 deals, TZS 23.41 million from 75,882 ETF
shares traded in 230 deals; and TZS 23.74 billion from bonds traded in 18 deals.
On the Normal Board, AFRIPRISE counter had 11,684 shares traded at a weighted average price of TZS 425 per share in 78
deal(s). CRDB counter had 206,187 shares traded at a weighted average price of TZS 1,160 per share in 418 deal(s). DCB
counter had 20,446 shares traded at a weighted average price of TZS 235 per share in 64 deal(s). DSE counter had 1,722 shares
traded at a weighted average price of TZS 5,900 per share in 22 deal(s). MBP counter had 534 shares traded at a weighted
average price of TZS 595 per share in 7 deal(s). MCB counter had 2,210 shares traded at a weighted average price of TZS 465
per share in 17 deal(s). MKCB counter had 820 shares traded at a weighted average price of TZS 2,300 per share in 12 deal(s).
MUCOBA counter had 190 shares traded at a weighted average price of TZS 400 per share in 6 deal(s). NICO counter had 6,029
shares traded at a weighted average price of TZS 1,370 per share in 53 deal(s). NMB counter had 2,345 shares traded at a
weighted average price of TZS 8,140 per share in 28 deal(s). PAL counter had 1,617 shares traded at a weighted average price of
TZS 250 per share in 12 deal(s). SWIS counter had 1,191 shares traded at a weighted average price of TZS 1,540 per share in 11
deal(s). TBL counter had 200 shares traded at a weighted average price of TZS 7,800 per share in 8 deal(s). TCC counter had
2,619 shares traded at a weighted average price of TZS 9,800 per share in 15 deal(s). TCCL counter had 60 shares traded at a
weighted average price of TZS 2,330 per share in 2 deal(s). TOL counter had 1,703 shares traded at a weighted average price of
TZS 860 per share in 7 deal(s). TPCC counter had 1,256 shares traded at a weighted average price of TZS 5,920 per share in 16
deal(s). TTP counter had 20 shares traded at a weighted average price of TZS 500 per share in 1 deal(s). VODA counter had
7,619 shares traded at a weighted average price of TZS 585 per share in 55 deal(s).
On the ETF Board, VERTEX-ETF counter had 75,882 shares traded at a weighted average price of TZS 310 per share in 230
deal(s).
On the Government Bonds Board, a 5-year bond with a coupon rate of 12.75% and a face value of TZS 5.00 bln was traded at a
price of 112.4869% in 1 deal(s), a 15-year bond with a coupon rate of 13.50% and a face value of TZS 0.02 bln was traded at
prices of 102.7207%, 112.5562% and 120.0000% in 1 deal(s), a 15-year bond with a coupon rate of 14.50% and a face value of
TZS 5.03 bln was traded at prices of 102.7207%, 112.5562% and 120.0000% in 2 deal(s) , a 20-year bond with a coupon rate of
14.00% and a face value of TZS 0.69 bln was traded at prices of 103.6166%, 110.0000%, 112.0000%, 119.2424%, 120.0000%
and 129.4000% in 5 deal(s), a 20-year bond with a coupon rate of 15.49% and a face value of TZS 9.01 bln was traded at prices
of 103.6166%, 110.0000%, 112.0000%, 119.2424%, 120.0000% and 129.4000% in 2 deal(s) , a 25-year bond with a coupon
rate of 12.56% and a face value of TZS 0.01 bln was traded at prices of 100.0000%, 103.0000%, 109.0000%, 110.0000%,
112.0000%, 115.0000% and 116.0000% in 1 deal(s), a 25-year bond with a coupon rate of 13.75% and a face value of TZS 0.30
bln was traded at prices of 100.0000%, 103.0000%, 109.0000%, 110.0000%, 112.0000%, 115.0000% and 116.0000% in 3
deal(s), a 25-year bond with a coupon rate of 15.00% and a face value of TZS 0.13 bln was traded at prices of 100.0000%,
103.0000%, 109.0000%, 110.0000%, 112.0000%, 115.0000% and 116.0000% in 2 deal(s), while a 25-year bond with a coupon
rate of 15.95% and a face value of TZS 0.04 bln was traded at prices of 100.0000%, 103.0000%, 109.0000%, 110.0000%,
112.0000%, 115.0000% and 116.0000% in 1 deal(s).
There was no activity in the Corporate Bonds segment.
Equities Market Turnover (in million TZS)
20 Nov 25
Oct -Dec 25
Jul -Sept 25
Oct -Dec 24
Total Turnover
332.36
61,807.99
248,636.47
101,122.13
Turnover from Shares Bought by
0.00
10,972.34
49,034.28
4,031.66
Foreign Investors:
%Buying Local Investors
100.00
82.25
80.28
96.01
%Buying Foreign Investors
0.00
17.75
19.72
3.99
Turnover from Shares Sold by
2.94
22,597.07
114,911.38
31,158.83
Foreign Investors:
%Selling Local Investors
99.12
63.44
53.78
69.19
%Selling Foreign Investors
0.88
36.56
46.22
30.81
ETF Market Turnover (in million TZS)
20 Nov 25
Oct -Dec 25
Jul -Sept 25
Oct -Dec 24
Total Turnover
23.41
2,675.96
Turnover from Shares Bought by
0.00
3.91
Foreign Investors:
%Buying Local Investors
100.00
99.85
%Buying Foreign Investors
0.00
0.15
Turnover from Shares Sold by
0.00
0.00
Foreign Investors:
%Selling Local Investors
100.00
100.00
%Selling Foreign Investors
0.00
0.00
Value of Government Bonds Traded (in billions TZS)
20 Nov 25
Oct - Dec 25
Jul - Sept 25
Oct - Dec 24
Face Value
Transaction Value
20.21
23.74
1,032.77
1,131.38
1,525.19
1,614.61
946.48
994.64
Value of Corporate Bonds Traded (in Million TZS)
20 Nov 25
Oct - Dec 25
Jul - Sept 25
Oct - Dec 24
Face Value
Transaction Value
0
0
999.30
935.00
2,299.10
2,193.11
1,129.26
999.78
Key Market Indicators:
20 Nov 25
31 Oct 25
29 Nov 24
Total Market Capitalisation (TZS bln)
22,017.37
21,714.70
18,085.49
Domestic Market Capitalisation (TZS bln)
13,602.80
13,805.08
12,206.38
ETF Market Capitalisation (TZS bln)
10.54
0
0
Outstanding Government Bonds (TZS bln)
30,934.11
29,704.84
25,215.23
Outstanding Corporate Bonds (TZS bln)
176.24
176.24
59.07
Outstanding Sustainable Bonds (TZS bln)
459.04
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)
301.54
175.64
11.04
Outstanding Infrastructure Bonds (TZS bln)
323.09
323.09
0
All Share Index (DSEI)
2,568.54
2,533.23
2,166.89
Tanzania Share Index (TSI)
5,138.45
5,214.87
4,608.30
Industrial & Allied (IA)
4,044.88
4,075.32
5,053.85
Banks, Finance & Investment (BI)
9,418.26
9,569.44
5,731.72
Commercial Services (CS)
1,665.33
1,720.38
2,142.69
Exchange Rate:
20 Nov 25
31 Oct 25
29 Nov 24
TZS/USD (BOT Mean Rate)
2,422.01
2,456.29
2,620.57
TZS/KE (BOT Mean Rate)
18.57
18.99
20.20
TZS/GBP (BOT Mean Rate)
3,177.92
3,276.44
3,319.88
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-November-2025
Co.
Opening Price
(TZS)
Closing Price
(TZS)
High
(TZS)
Low
(TZS)
Turnover
(TZS)
Deals
Volume
Market Cap (TZS)
Billions
Outstanding
Bids
Outstanding
Offers
AFRIPRISE
435
425
440
400
4,972,375
78
11,684
62.06
6,018
54,670
CRDB
1,150
1,160
1,170
1,140
238,726,160
418
206,187
3,029.73
370,976
112,374
DCB
245
235
250
220
4,794,845
64
20,446
45.02
17,210
430,099
DSE
5,900
5,900
6,000
5,900
10,178,500
22
1,722
140.56
795
25,199
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
6,400
6,400
0
0
0
0
0
463.83
0
0
KA
105
105
0
0
0
0
0
596.55
0
0
KCB
1,350
1,350
0
0
0
0
0
4,009.96
30
5,400
MBP
600
595
600
590
319,300
7
534
17.84
0
3,120
MCB
515
465
555
450
1,036,110
17
2,210
28.75
17,089
4,653
MKCB
2,270
2,300
2,400
2,300
1,903,200
12
820
54.18
162
6,937
MUCOBA
380
400
400
400
76,000
6
190
13.07
21
3,577
NICO
1,370
1,370
1,390
1,350
8,244,780
53
6,029
84.45
3,672
76,856
Co.
Opening Price
(TZS)
Closing Price
(TZS)
High
(TZS)
Low
(TZS)
Turnover
(TZS)
Deals
Volume
Market Cap (TZS)
Billions
Outstanding
Bids
Outstanding
Offers
NMB
8,140
8,140
8,140
8,130
19,086,550
28
2,345
4,070.00
7,531
4,143
NMG
280
280
0
0
0
0
0
52.79
0
0
PAL
290
250
280
250
411,960
12
1,617
40.12
0
6,482
SWALA
450
450
0
0
0
0
0
47.79
0
0
SWIS
1,600
1,540
1,600
1,520
1,836,880
11
1,191
55.44
182
4,791
TBL
7,800
7,800
7,800
7,750
1,552,700
8
200
2,301.44
405
0
TCC
9,810
9,800
9,810
9,800
25,669,540
15
2,619
980.00
5,325
5,862
TCCL
2,330
2,330
2,350
2,350
141,000
2
60
148.35
4,452
3,565
TOL
875
860
875
850
1,462,300
7
1,703
49.46
0
2,136
TPCC
6,000
5,920
6,000
5,900
7,469,400
16
1,256
1,065.14
164
23,900
TTP
500
500
495
495
9,900
1
20
47.53
0
4,110
USL
5
5
0
0
0
0
0
1.82
0
0
VODA
585
585
590
575
4,464,620
55
7,619
1,310.40
51,805
22,124
YETU
510
510
0
0
0
0
0
6.18
0
0
Total
332,356,120
832
268,452
22,017.37
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-November-2025
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
310
310
355
300
23,405,095
230
75,882
10.54
28,562
111,975
Total
23,405,095
230
75,882
10.54
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
670 15 14.50 27/02/2025 24/02/2040 120/11/2025
5.00000
120.0000 12.0229
670 15 14.50 27/02/2025 24/02/2040 120/11/2025
0.02700
112.5562 13.0518
673 5 12.75 16/07/2025 17/07/2030 120/11/2025
5.00000
112.4869 10.5075
678 20 14.00 04/09/2025 04/09/2045 120/11/2025
0.08000
112.0000 12.7308
678 20 14.00 04/09/2025 04/09/2045 120/11/2025
0.22500
120.0000 11.7554
678 20 14.00 04/09/2025 04/09/2045 120/11/2025
0.05600
110.0000 12.9937
678 20 14.00 04/09/2025 04/09/2045 120/11/2025
0.30000
112.0000 12.7308
678 20 14.00 04/09/2025 04/09/2045 120/11/2025
0.02500
103.6166 13.8924
686 25 13.75 25/09/2025 25/09/2050 120/11/2025
0.20510
116.0000 11.9814
686 25 13.75 25/09/2025 25/09/2050 120/11/2025
0.09140
112.0000 12.4478
686 25 13.75 25/09/2025 25/09/2050 120/11/2025
0.00500
109.0000 12.8178
544 20 15.49 17/09/2020 24/09/2040 120/11/2025
0.01000
129.4000 11.6587
561 25 15.95 22/04/2021 22/04/2046 120/11/2025
0.03500
110.0000 14.4501
628 25 12.56 01/03/2023 01/03/2048 120/11/2025
0.01030
100.0000 12.9323
675 25 15.00 07/08/2025 07/08/2050 120/11/2025
0.00900
103.0000 15.1865
675 25 15.00 07/08/2025 07/08/2050 120/11/2025
0.12060
115.0000 13.4830
543 15 13.50 09/09/2020 10/09/2035 120/11/2025
0.01500
102.7207 13.4843
563 20 15.49 19/05/2021 20/05/2041 120/11/2025
9.00000
119.2424 12.6374
20.21440 18
Total
