DAR ES SALAAM STOCK EXCHANGE
Market Report
Monday, 22
nd
December 2025
DSE recorded a total turnover of TZS 1,338.03 million from 1,088,825 shares traded in 2,530 deals, TZS 66.46 million from
164,270 ETF shares traded in 465 deals; and TZS 9.67 billion from bonds traded in 28 deals.
On the Block Trade Pre-arranged Market board, CRDB counter traded a block of 320,000 shares.
On the Normal Board, AFRIPRISE counter had 51,481 shares traded at a weighted average price of TZS 455 per share in 204
deal(s). CRDB counter had 551,264 shares tra ded at a weighted average price of TZS 1,340 per share in 1,296 deal(s). DCB
counter had 61,377 shares traded at a weighted average price of TZS 240 per share in 188 deal(s). DSE counter had 3,564
shares traded at a weighted average price of TZS 6,940 per share in 50 deal(s). KCB counter had 2,311 shares traded at a
weighted average price of TZS 1,350 per share in 3 deal(s). MBP counter had 12,244 shares traded at a weighted average price
of TZS 730 per share in 43 deal(s). MCB counter had 767 shares traded at a weighted average price of TZS 480 per share in 20
deal(s). MKCB counter had 1,087 shares traded at a weighted average price of TZS 2,380 per share in 20 deal(s). MUCOBA
counter had 111 shares traded at a weighted average price of TZS 435 per share in 5 deal(s). NICO counter had 12,921 shares
traded at a weighted average price of TZS 1,780 per share in 164 deal(s). NMB counter had 3,249 shares traded at a weighted
average price of TZS 8,420 per share in 99 deal(s). PAL counter had 5,927 shares traded at a weighted average price of TZS 250
per share in 53 deal(s). SWIS counter had 1,733 shares traded at a weighted average price of TZS 2,000 per share in 32 deal(s).
TBL counter had 34 shares traded at a weighted average price of TZS 8,300 per share in 2 deal(s). TCC counter had 3,730
shares traded at a weighted average price of TZS 9,970 per share in 44 deal(s). TCCL counter had 1,839 shares traded at a
weighted average price of TZS 2,400 per share in 26 deal(s). TOL counter had 1,938 shares traded at a weighted average price
of TZS 1,060 per share in 27 deal(s). TPCC counter had 2,998 shares traded at a weighted average price of TZS 6,030 per share
in 53 deal(s).TTP counter had 2,083 shares traded at a weighted average price of TZS 400 per share in 19 deal(s). VODA counter
had 50,478 shares traded at a weighted average price of TZS 605 per share in 184 deal(s).
On the ETF Board, VERTEX-ETF counter had 164,270 shares traded at a weighted average price of TZS 405 per share in 465
deal(s).
On the Government Bonds Board, a 5-year bond with a coupon rate of 10.75% and a face value of TZS 1.30 bln was traded at a price of
103.6134% in 1 deal(s), a 5-year bond with a coupon rate of 12.75% and a face value of TZS 0.03 bln was traded at a price of
100.9058% in 1 deal(s), a 10-year bond with a coupon rate of 11.44% and a face value of TZS 7.18 bln was traded at prices of
106.8218% and 108.4883% in 3 deal(s), a 10-year bond with a coupon rate of 14.00% and a face value of TZ S 0.00 bln was traded at
a price of 100.0000% in 1 de al(s), a 15-year bond with a coupon rate of 12.75% and a face value of TZS 0.00 bln was traded at a price
of 106.3775% in 1 deal(s), a 15-year bond with a coupon rate of 13.50% and a face value of TZS 0.01 bln wa s traded at a price of
116.6546% in 1 deal(s), a 20-year bond with a coupon rate of 12.10% and a face value of TZS 0.00 bln was traded at a price of
100.0000% in 1 deal(s), a 20-year bond with a coupon rate of 13.00% and a face value of TZS 0.57 bln was traded at a price of
107.3346% in 10 deal(s), a 20-year bond with a coupon rate of 15.25% and a face value of TZS 0.02 bln was traded at a price of
106.0000% in 1 deal(s), a 20-year bond with a coupon rate of 15.49% and a face value of TZS 0.54 bln was traded at prices of
100.0527%, 113.2420%, 119.0000% and 124.0000% in 4 deal(s), a 25-year bond with a coupon rate of 12.56% and a face value of
TZS 0.02 bln was traded at a price of 102.0000% in 1 deal(s), while a 25-year bond with a coupon rate of 15.00% and a face value of
TZS 0.01 bln was traded at a price of 120.0000% in 1 deal(s).
On the Corporate Bonds Board, a 5-year bond with a coupon rate of 12.00% and a face value of TZS 5.50 mln was traded at a price of
100.0000% in 2 deal(s).
Equities Market Turnover (in million TZS)
22 Dec 25 Oct -Dec 25 Jul -Sept 25 Oct -Dec 24
Total Turnover 1,341.15 106,615.05 248,636.49 101,122.13
Turnover from Shares Bought by
434.68 16,960.08 49,034.28 4,031.66
Foreign Investors:
%Buying Local Investors 67.59 84.09 80.28 96.01
%Buying Foreign Investors 32.41 15.91 19.72 3.99
Turnover from Shares Sold by 301.53 35,687.85 114,911.38 31,158.83
Foreign Investors:
%Selling Local Investors 77.52 66.53 53.78 69.19
%Selling Foreign Investors 22.48 33.47 46.22 30.81
ETF Market Turnover (in million TZS)
22 Dec 25 Oct -D ec 25 Jul -Sept 25 Oct -Dec 24
Total Turnover 66.46 3,449.43
Turnover from Shares Bought by
0.00 3.91
Foreign Investors:
%Buying Local Investors 100.00 99.89
%Buying Foreign Investors 0.00 0.11
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)
22 Dec 25 Oct - Dec 25 Jul - Sept 25 Oct - Dec 24
Face Value
Transaction Value
9.67
10.42
1,470.03
1,628.37
1,525.24
1,614.67
946.48
994.64
Value of Corporate Bonds Traded (in Million TZS)
22 Dec 25 Oct - Dec 25 Jul - Sept 25 Oct - Dec 24
Face Value
Transaction Value
5.50
5.50
2,889.21
2,747.12
2,299.10
2,193.11
1,129.26
999.78
Key Market Indicators:
22 Dec 25 28 Nov 25 31 Dec 24
Total Market Capitalisation (TZS bln) 23,281.80 22,312.50 17,868.17
Domestic Market Capitalisation (TZS bln) 14,867.23 13,897.92 12,243.37
ETF Market Capitalisation (TZS bln)
13.77 10.54 0
Outstanding Government Bonds (TZS bln)
32,72 4.79 29,704.84
25,215.23
Outstanding Corporate Bonds (TZS bln)
316.48 176.24 59.07
Outstanding Sustainable Bonds (T ZS bln)
459.04 459.04 459.04
Outstanding Sustainable Bonds (U SD 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) 2,679.79 2,568.20 2,139.73
Tanzania Share Index (TSI) 5,495.65 5,137.35 4,618.78
Industrial & Allied (IA) 4,209.25 4,124.00 5,044.80
Banks, Finance & Investment (BI) 10,258.25 9,307.76 5,783.87
Commercial Services (CS) 1,777.81 1,654.63 2,138.48
Exchange Rate:
22 Dec 25 28 Nov 25 31 Dec 24
TZS/USD (BOT Mean Rate) 2,440.76 2,437.31 2,394.76
TZS/KE (BOT Mean Rate) 18.92 18.76 18.53
TZS/GBP (BOT Mean Rate) 3,265.24 3,226.76 3,015.60
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: 22-December-2025
Co.
Opening Price
(TZS)
Closing Price
(TZS)
High
(TZS)
Low
(TZS)
Deals
Volume
Market Cap (TZS)
Billions
Outstanding
Bids
Outstanding
Offers
AFRIPRISE
455
455
455
450
204
51,481
66.45
5,665
36,749
CRDB
1,330
1,340
1,380
1,310
1,297
871,264
3,499.86
114,584
68,176
DCB
235
240
270
235
188
61,377
45.98
14,819
35,011
DSE
6,820
6,940
7,000
6,920
50
3,564
165.34
2,236
31,947
EABL**
4,160
4,160
0
0
0
0
3,289.62
0
0
JATU
265
265
0
0
0
0
5.28
0
0
JHL
6,400
6,400
0
0
0
0
463.83
0
0
KA
105
105
0
0
0
0
596.55
0
0
KCB
1,350
1,350
1,350
1,350
3
2,311
4,009.96
70
16,959
MBP
710
730
740
700
43
12,244
21.89
20
8,242
MCB
470
480
480
470
20
767
29.68
123
29,455
MKCB
2,400
2,380
2,390
2,310
20
1,087
56.06
1,404
5,140
MUCOBA
435
435
435
410
5
111
14.21
93
2,026
NICO
1,800
1,780
1,800
1,730
164
12,921
109.73
219
33,174
**Suspended
Co.
Opening Price
(TZS)
Closing Price
(TZS)
High
(TZS)
Low
(TZS)
Deals
Volume
Market Cap (TZS)
Billions
Outstanding
Bids
Outstanding
Offers
NMB
8,390
8,420
8,600
8,380
99
3,249
4,210.00
1,827
12,476
NMG
280
280
0
0
0
0
52.79
0
0
PAL
235
250
260
250
53
5,927
40.12
3,711
32,442
SWALA
450
450
0
0
0
0
47.79
0
0
SWIS
2,000
2,000
2,000
1,990
32
1,733
72.00
245
9,889
TBL
8,300
8,300
8,400
8,400
2
34
2,448.97
1,330
0
TCC
9,970
10,000
10,010
9,950
44
3,730
1,000.00
794
586
TCCL
2,400
2,400
2,400
2,300
26
1,839
458.43
179
12,495
TOL
1,060
1,000
1,000
1,000
27
1,938
57.51
50
17,226
TPCC
6,030
6,030
6,040
6,000
53
2,998
1,084.94
0
3,303
TTP
400
400
400
390
19
2,083
38.02
600
4,703
USL
5
5
0
0
0
0
1.82
0
0
VODA
605
620
630
610
184
50,478
1,388.80
205,569
10,282
YETU
510
510
0
0
0
0
6.18
0
0
Total
2,533
1,091,136
23,281.80
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: 22-December-2025
Co.
Opening Price
(TZS)
Closing Price
(TZS)
High
(TZS)
Low
(TZS)
Deals
Volume
Market Cap (TZS)
Billions
Outstanding
Bids
Outstanding
Offers
VERTEX-ETF
395
405
410
390
465
164,270
13.77
120,097
0
Total
465
164,270
13.77
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
632 20 12.10 19/04/2023 20/04/2043 122/12/2025
0.00200
100.0000 12.3923
667 10 14.00 22/01/2025 23/01/2035 122/12/2025
0.00250
100.0000 15.1963
SAM 5 12.00 10/02/2025 10/02/2030 122/12/2025
0.00050
100.0000 12.4269
634 25 12.56 11/05/2023 11/05/2048 122/12/2025
0.01500
102.0000 12.4764
493 15 13.50 02/01/2019 03/01/2034 122/12/2025
0.01400
116.6546 11.2338
673 5 12.75 16/07/2025 17/07/2030 122/12/2025
0.02500
100.9058 14.1586
689 5 10.75 27/11/2025 27/11/2030 122/12/2025
1.30000
103.6134 0.0000
504 20 15.49 22/05/2019 22/05/2039 122/12/2025
0.40000
119.0000 12.7040
544 20 15.49 17/09/2020 24/09/2040 122/12/2025
0.01600
113.2420 13.9947
552 20 15.49 16/12/2020 18/12/2040 122/12/2025
0.11200
100.0527 15.5075
467 10 11.44 03/01/2018 04/01/2028 122/12/2025
2.82460
108.4883 9.2325
467 10 11.44 03/01/2018 04/01/2028 122/12/2025
2.17540
108.4883 9.2325
688 15 12.75 12/11/2025 13/11/2040 122/12/2025
0.00250
106.3775 12.0137
ABK 5 12.00 08/10/2025 08/10/2030 122/12/2025
0.00500
100.0000 12.6974
540 20 15.49 23/07/2020 23/07/2040 122/12/2025
0.00700
124.0000 12.6078
669 20 15.25 13/02/2025 08/02/2045 122/12/2025
0.01950
106.0000 15.1491
693 20 13.00 18/12/2025 18/12/2045 122/12/2025
0.24960
107.3346 10.5823
693 20 13.00 18/12/2025 18/12/2045 122/12/2025
0.04990
107.3346 10.5823
693 20 13.00 18/12/2025 18/12/2045 122/12/2025
0.02500
107.3346 10.5823
693 20 13.00 18/12/2025 18/12/2045 122/12/2025
0.03060
107.3346 10.5823
693 20 13.00 18/12/2025 18/12/2045 122/12/2025
0.09980
107.3346 10.5823
693 20 13.00 18/12/2025 18/12/2045 122/12/2025
0.01650
107.3346 10.5823
693 20 13.00 18/12/2025 18/12/2045 122/12/2025
0.03000
107.3346 10.5823
693 20 13.00 18/12/2025 18/12/2045 122/12/2025
0.04230
107.3346 10.5823
693 20 13.00 18/12/2025 18/12/2045 122/12/2025
0.00500
107.3346 10.5823
693 20 13.00 18/12/2025 18/12/2045 122/12/2025
0.01900
107.3346 10.5823
675 25 15.00 07/08/2025 07/08/2050 122/12/2025
0.01000
120.0000 13.0262
486 10 11.44 27/09/2018 27/09/2028 122/12/2025
2.17540
106.8218 9.3796
9.67410 28
Total