DAR ES SALAAM STOCK EXCHANGE
Market Report
Thursday, 11
th
December 2025
DSE recorded a total turnover of TZS 936.61 million from 606,501 shares traded in 1,402 deals, TZS 45.92 million from 138,172
ETF shares traded in 402 deals; and TZS 20.31 billion from bonds traded in 27 deals.
On the Normal Board, AFRIPRISE counter had 20,469 shares traded at a weighted average price of TZS 455 per share in 83
deal(s). CRDB counter had 428,831 shares traded at a weighted average price of TZS 1,260 per share in 648 deal(s). DCB
counter had 19,170 shares traded at a weighted average price of TZS 235 per share in 88 deal(s). DSE counter had 9,807 shares
traded at a weighted average price of TZS 6,410 per share in 31 deal(s). KCB counter had 1,500 shares traded at a weighted
average price of TZS 1,320 per share in 1 deal(s). MBP counter had 2,530 shares traded at a weighted average price of TZS 600
per share in 21 deal(s). MCB counter had 166 shares traded at a weighted average price of TZS 460 per share in 10 deal(s).
MKCB counter had 2,689 shares traded at a weighted average price of TZS 2,090 per share in 28 deal(s). MUCOBA counter had
10 shares traded at a weighted average price of TZS 400 per share in 1 deal(s). NICO counter had 12,601 shares traded at a
weighted average price of TZS 1,460 per share in 99 deal(s). NMB counter had 13,435 shares traded at a weighted average price
of TZS 8,080 per share in 55 deal(s). PAL counter had 3,628 shares traded at a weighted average price of TZS 220 per share in
30 deal(s). SWIS counter had 34,285 shares traded at a weighted average price of TZS 1,600 per share in 50 deal(s). TBL
counter had 1,184 shares traded at a weighted average price of TZS 8,280 per share in 29 deal(s). TCC counter had 2,512
shares traded at a weighted average price of TZS 9,920 per share in 21 deal(s). TCCL counter had 21,148 shares traded at a
weighted average price of TZS 2,100 per share in 15 deal(s). TOL counter had 9,118 shares traded at a weighted average price
of TZS 800 per share in 21 deal(s). TPCC counter had 5,066 shares traded at a weighted average price of TZS 6,030 per share in
19 deal(s). TTP counter had 704 shares traded at a weighted average price of TZS 350 per share in 15 deal(s). VODA counter
had 19,148 shares traded at a weighted average price of TZS 580 per share in 138 deal(s).
On the ETF Board, VERTEX-ETF counter had 138,172 shares traded at a weighted average price of TZS 330 per share in 402
deal(s).
On the Government Bonds Board, a 10-year bond with a coupon rate of 11.44% and a face value of TZS 0.09 bln was traded at a
price of 90.0000% in 1 deal(s), a 15-year bond with a coupon rate of 13.50% and a face value of TZS 0.06 bln was traded at a
price of 100.0000% in 2 deal(s), a 20-year bond with a coupon rate of 15.25% and a face value of TZS 0.07 bln was traded at
prices of 100.0000%, 113.0000%, 120.0000%, 121.3988%, 123.6557%, 125.5000% and 126.4199% in 1 deal(s), a 20-year bond
with a coupon rate of 15.49% and a face value of TZS 19.43 bln was traded at prices of 100.0000%, 113.0000%, 120.0000%,
121.3988%, 123.6557%, 125.5000% and 126.4199% in 13 deal(s), a 25-year bond with a coupon rate of 12.56% and a face
value of TZS 0.28 bln was traded at prices of 100.0000%, 105.0000%, 106.0000%, 108.0000% and 111.6666% in 3 deal(s), a
25-year bond with a coupon rate of 15.00% and a face value of TZS 0.01 bln was traded at prices of 100.0000%, 105.0000%,
106.0000%, 108.0000% and 111.6666% in 1 deal(s), a 25-year bond with a coupon rate of 15.75% and a face value of TZS 0.04
bln was traded at prices of 100.0000%, 105.0000%, 106.0000%, 108.0000% and 111.6666% in 1 deal(s), a 25-year bond with a
coupon rate of 15.95% and a face value of TZS 0.07 bln was traded at prices of 100.0000%, 105.0000%, 106.0000%,
108.0000% and 111.6666% in 2 deal(s).
On the Corporate Bonds Board, a 5-year bond with a coupon rate of 0.00% and a face value of TZS 270.00 mln was traded at
prices of 100.9870% and 104.6250% in 3 deal(s).
Equities Market Turnover (in million TZS)
11 Dec 25
Oct -Dec 25
Jul -Sept 25
Oct -Dec 24
Total Turnover
938.59
88,694.65
248,636.49
101,122.13
Turnover from Shares Bought by
0.32
16,052.80
49,034.28
4,031.66
Foreign Investors:
%Buying Local Investors
99.97
81.90
80.28
96.01
%Buying Foreign Investors
0.03
18.10
19.72
3.99
Turnover from Shares Sold by
0.00
30,271.30
114,911.38
31,158.83
Foreign Investors:
%Selling Local Investors
100.00
65.87
53.78
69.19
%Selling Foreign Investors
0.00
34.13
46.22
30.81
ETF Market Turnover (in million TZS)
11 Dec 25
Oct -Dec 25
Oct -Dec 24
Total Turnover
45.92
3,030.00
Turnover from Shares Bought by
0.00
3.91
Foreign Investors:
%Buying Local Investors
100.00
99.87
%Buying Foreign Investors
0.00
0.13
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)
11 Dec 25
Oct - Dec 25
Jul - Sept 25
Oct - Dec 24
Face Value
Transaction Value
20.04
24.72
1,361.22
1,498.32
1,525.24
1,614.67
946.48
994.64
Value of Corporate Bonds Traded (in Million TZS)
11 Dec 25
Oct - Dec 25
Jul - Sept 25
Oct - Dec 24
Face Value
Transaction Value
270.00
281.76
1,729.30
1,650.16
2,299.10
2,193.11
1,129.26
999.78
Key Market Indicators:
11 Dec 25
28 Nov 25
31 Dec 24
Total Market Capitalisation (TZS bln)
22,571.05
22,312.50
17,868.17
Domestic Market Capitalisation (TZS bln)
14,245.59
13,897.92
12,243.37
ETF Market Capitalisation (TZS bln)
11.22
0
0
Outstanding Government Bonds (TZS bln)
31,061.78
29,704.84
25,215.23
Outstanding Corporate Bonds (TZS bln)
316.48
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)
2,597.98
2,568.20
2,139.73
Tanzania Share Index (TSI)
5,265.86
5,137.35
4,618.78
Industrial & Allied (IA)
4,136.97
4,124.00
5,044.80
Banks, Finance & Investment (BI)
9,727.75
9,307.76
5,783.87
Commercial Services (CS)
1,648.93
1,654.63
2,138.48
Exchange Rate:
11 Dec 25
28 Nov 25
31 Dec 24
TZS/USD (BOT Mean Rate)
2,437.14
2,437.31
2,394.76
TZS/KE (BOT Mean Rate)
18.86
18.76
18.53
TZS/GBP (BOT Mean Rate)
3,245.30
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: 11-December-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
455
500
430
9,325,580
83
20,469
66.45
12,620
9,455
CRDB
1,210
1,260
1,270
1,220
541,639,540
648
428,831
3,290.92
216,005
0
DCB
230
235
235
225
4,465,740
88
19,170
45.02
2,997
166,729
DSE
6,300
6,410
6,690
6,100
62,884,700
31
9,807
152.71
2,895
469
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
1,330
1,320
1,320
1,320
1,980,000
1
1,500
3,920.85
0
5,986
MBP
595
600
620
550
1,522,280
21
2,530
17.99
92
1,392
MCB
460
460
455
450
75,505
10
166
28.44
95
51,884
MKCB
2,200
2,090
2,300
2,090
5,643,450
28
2,689
49.23
3,447
4,704
MUCOBA
400
400
410
410
4,100
1
10
13.07
11,783
0
NICO
1,380
1,460
1,550
1,400
18,361,210
99
12,601
90.00
30,151
1,279
Co.
Opening Price
(TZS)
Closing Price
(TZS)
High
(TZS)
Low
(TZS)
Turnover
(TZS)
Deals
Volume
Market Cap (TZS)
Billions
Outstanding
Bids
Outstanding
Offers
NMB
8,030
8,080
8,100
8,000
108,511,630
55
13,435
4,040.00
673
0
NMG
280
280
0
0
0
0
0
52.79
0
0
PAL
255
220
270
220
810,615
30
3,628
35.30
478
771
SWALA
450
450
0
0
0
0
0
47.79
0
0
SWIS
1,760
1,600
1,900
1,570
54,932,680
50
34,285
57.60
4,209
741
TBL
8,260
8,280
8,280
8,270
9,803,180
29
1,184
2,443.06
305
8,423
TCC
9,930
9,920
10,000
9,900
24,922,460
21
2,512
992.00
4,038
902
TCCL
2,060
2,100
2,300
2,100
44,456,600
15
21,148
401.13
17,782
971
TOL
850
800
850
800
7,303,800
21
9,118
46.00
37
70,418
TPCC
6,010
6,030
6,050
6,010
30,540,390
19
5,066
1,084.94
2,111
11,662
TTP
380
350
380
325
246,470
15
704
33.27
794
4,939
USL
5
5
0
0
0
0
0
1.82
0
0
VODA
595
580
610
575
11,163,710
138
19,148
1,299.20
47,717
8,726
YETU
510
510
0
0
0
0
0
6.18
0
0
Total
938,593,640
1,403
608,001
22,571.05
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: 11-December-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
330
330
340
320
45,916,510
402
138,172
11.22
20
161,044
Total
45,916,510
402
138,172
11.22
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
666 25 15.75 08/01/2025 09/01/2050 111/12/2025
0.04000
100.0000 16.8948
669 20 15.25 13/02/2025 08/02/2045 111/12/2025
0.07000
100.0000 16.0819
675 25 15.00 07/08/2025 07/08/2050 111/12/2025
0.01000
108.0000 14.5591
TCB 5 13.50 14/11/2025 14/11/2030 111/12/2025
0.15000
104.6250 12.5100
TCB 5 13.50 14/11/2025 14/11/2030 111/12/2025
0.02000
100.9870 13.5000
TCB 5 13.50 14/11/2025 14/11/2030 111/12/2025
0.10000
104.6250 12.5100
561 25 15.95 22/04/2021 22/04/2046 111/12/2025
0.04600
100.0000 16.1735
540 20 15.49 23/07/2020 23/07/2040 111/12/2025
0.04000
100.0000 16.4105
513 20 15.49 01/08/2019 01/08/2039 111/12/2025
0.03020
120.0000 13.1744
462 10 11.44 26/10/2017 26/10/2027 111/12/2025
0.09100
90.0000 21.5132
504 20 15.49 22/05/2019 22/05/2039 111/12/2025
0.05000
120.0000 12.5067
504 20 15.49 22/05/2019 22/05/2039 111/12/2025
0.03530
100.0000 15.6369
556 20 15.49 10/02/2021 11/02/2041 111/12/2025
14.00000
123.6557 12.7032
556 20 15.49 10/02/2021 11/02/2041 111/12/2025
0.00720
121.3988 13.0034
556 20 15.49 10/02/2021 11/02/2041 111/12/2025
5.00000
126.4199 12.3477
485 20 15.49 13/09/2018 13/09/2038 111/12/2025
0.02400
100.0000 16.1872
533 20 15.49 23/04/2020 23/04/2040 111/12/2025
0.10000
113.0000 13.7628
533 20 15.49 23/04/2020 23/04/2040 111/12/2025
0.02000
100.0000 15.9026
464 15 13.50 23/11/2017 23/11/2032 111/12/2025
0.00700
100.0000 13.6615
535 20 15.49 21/05/2020 21/05/2040 111/12/2025
0.06500
125.5000 11.3062
442 15 13.50 16/02/2017 16/02/2032 111/12/2025
0.05000
100.0000 14.5939
653 25 12.56 28/12/2023 28/12/2048 111/12/2025
0.10000
106.0000 12.5144
653 25 12.56 28/12/2023 28/12/2048 111/12/2025
0.07600
105.0000 12.6485
517 20 15.49 26/09/2019 26/09/2039 111/12/2025
0.03370
100.0000 16.0674
639 25 12.56 28/06/2023 30/06/2048 111/12/2025
0.10000
100.0000 13.3596
568 25 15.95 05/08/2021 05/08/2046 111/12/2025
0.02400
111.6666 14.9739
520 20 15.49 07/11/2019 07/11/2039 111/12/2025
0.02000
100.0000 15.7431
20.30940 27
Total