DAR ES SALAAM STOCK EXCHANGE
Market Report
Tuesday, 18
th
November 2025
DSE recorded a total turnover of TZS 1,300.00 million from 632,772 shares traded in 1,230 deals, TZS 50.69 million from 147,752
ETF shares traded in 252 deals; and TZS 7.35 billion from bonds traded in 17 deals.
On the Block Trade Pre-arranged Market board, DSE counter traded a block of 103,681 shares.
On the Normal Board, AFRIPRISE counter had 14,373 shares traded at a weighted average price of TZS 450 per share in 50
deal(s). CRDB counter had 430,002 shares traded at a weighted average price of TZS 1,140 per share in 653 deal(s). DCB
counter had 9,187 shares traded at a weighted average price of TZS 250 per share in 53 deal(s). DSE counter had 1,753 shares
traded at a weighted average price of TZS 6,080 per share in 27 deal(s). MBP counter had 1,327 shares traded at a weighted
average price of TZS 670 per share in 7 deal(s). MCB counter had 20,951 shares traded at a weighted average price of TZS 485
per share in 57 deal(s). MKCB counter had 3,103 shares traded at a weighted average price of TZS 2,270 per share in 13 deal(s).
MUCOBA counter had 10 shares traded at a weighted average price of TZS 380 per share in 2 deal(s). NICO counter had 4,324
shares traded at a weighted average price of TZS 1,390 per share in 44 deal(s). NMB counter had 6,242 shares traded at a
weighted average price of TZS 8,130 per share in 37 deal(s). PAL counter had 1,834 shares traded at a weighted average price of
TZS 280 per share in 18 deal(s). SWIS counter had 868 shares traded at a weighted average price of TZS 1,590 per share in 20
deal(s). TBL counter had 4,405 shares traded at a weighted average price of TZS 7,890 per share in 64 deal(s). TCC counter had
12,672 shares traded at a weighted average price of TZS 9,810 per share in 25 deal(s). TCCL counter had 294 shares traded at a
weighted average price of TZS 2,350 per share in 7 deal(s). TOL counter had 725 shares traded at a weighted average price of
TZS 875 per share in 14 deal(s). TPCC counter had 1,109 shares traded at a weighted average price of TZS 5,900 per share in
18 deal(s). TTP counter had 846 shares traded at a weighted average price of TZS 500 per share in 13 deal(s). VODA counter
had 15,066 shares traded at a weighted average price of TZS 585 per share in 107 deal(s).
On the ETF Board, VERTEX-ETF counter had 147,752 shares traded at a weighted average price of TZS 345 per share in 252
deal(s).
On the Government Bonds Board, a 15-year bond with a coupon rate of 12.75% and a face value of TZS 0.26 bln was traded at
prices of 100.0000%, 104.5962%, 106.0000% and 118.5862% in 7 deal(s), a 15-year bond with a coupon rate of 14.50% and a
face value of TZS 5.00 bln was traded at prices of 100.0000%, 104.5962%, 106.0000% and 118.5862% in 1 deal(s), a 20-year
bond with a coupon rate of 14.00% and a face value of TZS 0.82 bln was traded at prices of 100.0000%, 103.1619%, 105.0000%
and 106.0000% in 4 deal(s), a 20-year bond with a coupon rate of 15.49% and a face value of TZS 0.04 bln was traded at prices
of 100.0000%, 103.1619%, 105.0000% and 106.0000% in 1 deal(s), a 25-year bond with a coupon rate of 12.56% and a face
value of TZS 0.10 bln was traded at prices of 90.0000%, 101.0526% and 123.0000% in 2 deal(s), while a 25-year bond with a
coupon rate of 15.95% and a face value of TZS 0.14 bln was traded at prices of 90.0000%, 101.0526% and 123.0000% in 2
deal(s).
On the Corporate Bonds Board, a 3-year bond with a coupon rate of 9.50% and a face value of TZS 28.50 mln was traded at a
price of 92.0000% in 3 deal(s), while a 5-year bond with a coupon rate of 12.00% and a face value of TZS 20.50 mln was traded
at a price of 100.0000% in 8 deal(s).
Equities Market Turnover (in million TZS)
18 Nov 25
Oct -Dec 25
Jul -Sept 25
Oct -Dec 24
Total Turnover
1,300.00
61,058.73
248,636.47
101,122.13
Turnover from Shares Bought by
0.10
10,972.34
49,034.28
4,031.66
Foreign Investors:
%Buying Local Investors
99.99
82.03
80.28
96.01
%Buying Foreign Investors
0.01
17.97
19.72
3.99
Turnover from Shares Sold by
0.00
22,594.13
114,911.38
31,158.83
Foreign Investors:
%Selling Local Investors
100.00
63.00
53.78
69.19
%Selling Foreign Investors
0.00
37.00
46.22
30.81
ETF Market Turnover (in million TZS)
18 Nov 25
Oct -Dec 25
Oct -Dec 24
Total Turnover
50.69
2,595.21
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)
18 Nov 25
Oct - Dec 25
Jul - Sept 25
Oct - Dec 24
Face Value
Transaction Value
6.36
7.35
986.89
1,078.17
1,525.19
1,614.61
946.48
994.64
Value of Corporate Bonds Traded (in Million TZS)
18 Nov 25
Oct - Dec 25
Jul - Sept 25
Oct - Dec 24
Face Value
Transaction Value
49.00
46.72
970.80
907.64
2,299.10
2,193.11
1,129.26
999.78
Key Market Indicators:
18 Nov 25
31 Oct 25
29 Nov 24
Total Market Capitalisation (TZS bln)
22,007.01
21,714.70
18,085.49
Domestic Market Capitalisation (TZS bln)
13,592.44
13,805.08
12,206.38
ETF Market Capitalisation (TZS bln)
11.73
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)
153.74
153.74
73.00
Outstanding Sub-national Bonds (TZS bln)
53.12
53.12
53.12
Outstanding Sukuk Bonds (TZS bln)
175.64
175.64
11.04
Outstanding Infrastructure Bonds (TZS bln)
323.09
323.09
0
All Share Index (DSEI)
2,567.33
2,533.23
2,166.89
Tanzania Share Index (TSI)
5,134.54
5,214.87
4,608.30
Industrial & Allied (IA)
4,067.83
4,075.32
5,053.85
Banks, Finance & Investment (BI)
9,364.55
9,569.44
5,731.72
Commercial Services (CS)
1,673.16
1,720.38
2,142.69
Exchange Rate:
18 Nov 25
31 Oct 25
29 Nov 24
TZS/USD (BOT Mean Rate)
2,423.00
2,456.29
2,620.57
TZS/KE (BOT Mean Rate)
18.69
18.99
20.20
TZS/GBP (BOT Mean Rate)
3,192.05
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: 18-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
455
450
450
430
6,459,610
50
14,373
65.72
7,790
63,278
CRDB
1,130
1,140
1,150
1,120
488,468,480
653
430,002
2,977.50
477,297
22,110
DCB
250
250
255
230
2,290,890
53
9,187
47.90
18,812
973,860
DSE
6,230
6,080
6,100
5,900
549,738,400
28
105,434
144.85
40
32,972
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
130
0
MBP
670
670
670
600
888,600
7
1,327
20.09
1,059
1,786
MCB
450
485
515
450
10,212,365
57
20,951
29.99
19,394
581
MKCB
2,550
2,270
2,550
2,210
7,091,270
13
3,103
53.47
333
5,394
MUCOBA
380
380
400
400
4,000
2
10
12.41
194
0
NICO
1,390
1,390
1,400
1,380
6,024,260
44
4,324
85.69
5,496
74,682
Co.
Opening Price
(TZS)
Closing Price
(TZS)
High
(TZS)
Low
(TZS)
Turnover
(TZS)
Deals
Volume
Market Cap (TZS)
Billions
Outstanding
Bids
Outstanding
Offers
NMB
8,130
8,130
8,140
8,120
50,760,670
37
6,242
4,065.00
5,306
7,975
NMG
280
280
0
0
0
0
0
52.79
0
0
PAL
280
280
290
260
517,970
18
1,834
44.93
108
12,953
SWALA
450
450
0
0
0
0
0
47.79
0
0
SWIS
1,600
1,590
1,600
1,580
1,382,600
20
868
57.24
1,613
12,694
TBL
7,900
7,890
8,000
7,810
34,772,200
64
4,405
2,327.99
230
0
TCC
9,800
9,810
9,990
9,800
124,298,590
25
12,672
981.00
11,263
0
TCCL
2,300
2,350
2,350
2,300
689,900
7
294
149.63
15,109
13,610
TOL
900
875
900
780
631,350
14
725
50.32
1
436
TPCC
5,840
5,900
5,900
5,820
6,535,090
18
1,109
1,061.55
117
0
TTP
500
500
500
500
423,000
13
846
47.53
0
19
USL
5
5
0
0
0
0
0
1.82
0
0
VODA
585
585
600
575
8,807,335
107
15,066
1,310.40
53,437
18,811
YETU
510
510
0
0
0
0
0
6.18
0
0
Total
1,299,996,580
1,230
632,772
22,007.01
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: 18-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
350
345
350
320
50,689,810
252
147,752
11.73
32,292
127,865
Total
50,689,810
252
147,752
11.73
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
NMB 3 9.50 12/12/2023 12/12/2026 118/11/2025
0.02000
92.0000 17.3774
NMB 3 9.50 12/12/2023 12/12/2026 118/11/2025
0.00800
92.0000 17.3774
NMB 3 9.50 12/12/2023 12/12/2026 118/11/2025
0.00050
92.0000 17.3774
556 20 15.49 10/02/2021 11/02/2041 118/11/2025
0.04000
100.0000 16.2266
688 15 12.75 12/11/2025 13/11/2040 118/11/2025
0.12000
106.0000 11.9108
688 15 12.75 12/11/2025 13/11/2040 118/11/2025
0.00200
106.0000 11.9108
688 15 12.75 12/11/2025 13/11/2040 118/11/2025
0.04000
104.5962 12.1073
688 15 12.75 12/11/2025 13/11/2040 118/11/2025
0.05000
106.0000 11.9108
688 15 12.75 12/11/2025 13/11/2040 118/11/2025
0.00650
100.0000 12.7804
688 15 12.75 12/11/2025 13/11/2040 118/11/2025
0.00900
106.0000 11.9108
688 15 12.75 12/11/2025 13/11/2040 118/11/2025
0.03000
106.0000 11.9108
SAM 5 12.00 10/02/2025 10/02/2030 118/11/2025
0.00060
100.0000 12.0778
SAM 5 12.00 10/02/2025 10/02/2030 118/11/2025
0.00240
100.0000 12.0778
SAM 5 12.00 10/02/2025 10/02/2030 118/11/2025
0.00350
100.0000 12.0778
SAM 5 12.00 10/02/2025 10/02/2030 118/11/2025
0.00200
100.0000 12.0778
SAM 5 12.00 10/02/2025 10/02/2030 118/11/2025
0.00450
100.0000 12.0778
SAM 5 12.00 10/02/2025 10/02/2030 118/11/2025
0.00200
100.0000 12.0778
SAM 5 12.00 10/02/2025 10/02/2030 118/11/2025
0.00050
100.0000 12.0778
SAM 5 12.00 10/02/2025 10/02/2030 118/11/2025
0.00500
100.0000 12.0778
561 25 15.95 22/04/2021 22/04/2046 118/11/2025
0.10000
123.0000 12.7449
561 25 15.95 22/04/2021 22/04/2046 118/11/2025
0.04000
123.0000 12.7449
597 25 12.56 12/05/2022 12/05/2047 118/11/2025
0.09000
90.0000 14.0781
678 20 14.00 04/09/2025 04/09/2045 118/11/2025
0.20000
105.0000 13.6784
678 20 14.00 04/09/2025 04/09/2045 118/11/2025
0.01300
106.0000 13.5349
678 20 14.00 04/09/2025 04/09/2045 118/11/2025
0.60000
105.0000 13.6784
678 20 14.00 04/09/2025 04/09/2045 118/11/2025
0.00700
103.1619 13.9488
670 15 14.50 27/02/2025 24/02/2040 118/11/2025
5.00000
118.5862 12.2000
617 25 12.56 20/10/2022 20/10/2047 118/11/2025
0.00950
101.0526 12.5464
Bond No.
Term
(Years)
Coupon
(%)
Issue Date Maturity Date DealsTrade Date
Amount
(Bln TZS)
Price
(%)
Yield
6.40600 28
Total