DAR ES SALAAM STOCK EXCHANGE
Market Report
Wednesday, 31
st
December 2025
DSE recorded a total turnover of TZS 15,263.17 million from 17,806,123 shares traded in 2,302 deals, TZS 111.96 million from
277,052 ETF shares traded in 477 deals; and TZS 7.09 billion from bonds traded in 12 deals.
On the Block Trade Pre-arranged Market board, CRDB counter traded a block of 17,000,000 shares.
On the Normal Board, AFRIPRISE counter had 38,595 shares traded at a weighted average price of TZS 495 per share in 156
deal(s). CRDB counter had 605,062 shares traded at a weighted average price of TZS 1,530 per share in 1,387 deal(s). DCB
counter had 49,091 shares traded at a weighted average price of TZS 240 per share in 148 deal(s). DSE counter had 1,251
shares traded at a weighted average price of TZS 7,150 per share in 32 deal(s). KCB counter had 2,000 shares traded at a
weighted average price of TZS 1,350 per share in 2 deal(s). MBP counter had 3,203 shares traded at a weighted average price of
TZS 755 per share in 27 deal(s). MCB counter had 897 shares traded at a weighted average price of TZS 460 per share in 10
deal(s). MKCB counter had 1,241 shares traded at a weighted average price of TZS 2,710 per share in 30 deal(s). NICO counter
had 63,991 shares traded at a weighted average price of TZS 1,880 per share in 173 deal(s). NMB counter had 10,043 shares
traded at a weighted average price of TZS 8,410 per share in 80 deal(s). PAL counter had 958 shares traded at a weighted
average price of TZS 265 per share in 28 deal(s). SWIS counter had 5,260 shares traded at a weighted average price of TZS
2,280 per share in 42 deal(s). TBL counter had 34 shares traded at a weighted average price of TZS 8,510 per share in 3 deal(s).
TCC counter had 1,629 shares traded at a weighted average price of TZS 10,200 per share in 34 deal(s). TCCL counter had
1,902 shares traded at a weighted average price of TZS 2,400 per share in 15 deal(s). TOL counter had 894 shares traded at a
weighted average price of TZS 1,030 per share in 19 deal(s). TPCC counter had 2,487 shares traded at a weighted average price
of TZS 6,170 per share in 19 deal(s). TTP counter had 905 shares traded at a weighted average price of TZS 390 per share in 14
deal(s). VODA counter had 16,680 shares traded at a weighted average price of TZS 655 per share in 84 deal(s).
On the ETF Board, VERTEX-ETF counter had 277,052 shares traded at a weighted average price of TZS 405 per share in 477
deal(s).
On the Government Bonds Board, a 5-year bond with a coupon rate of 10.75% and a face value of TZS 3.40 bln was traded at a
price of 106.1670% in 1 deal(s), a 10-year bond with a coupon rate of 11.44% and a face value of TZS 2.50 bln was traded at a
price of 103.7307% in 1 deal(s), a 20-year bond with a coupon rate of 13.00% and a face value of TZS 0.16 bln was traded at
prices of 107.3346%, 108.5000% and 110.0000% in 4 deal(s), a 20-year bond with a coupon rate of 15.49% and a face value of
TZS 0.76 bln was traded at prices of 115.6205% and 124.6628% in 2 deal(s), a 25-year bond with a coupon rate of 12.56% and a
face value of TZS 0.03 bln was traded at a price of 100.0001% in 2 deal(s), while a 25-year bond with a coupon rate of 15.95%
and a face value of TZS 0.05 bln was traded at a price of 127.3813% in 1 deal(s).
On the Corporate Bonds Board, a 5-year bond with a coupon rate of 10.25% and a face value of TZS 200.00 mln was traded at a
price of 80.0000% in 1 deal(s).
Equities Market Turnover (in million TZS)
31 Dec 25
Oct -Dec 25
Jul -Sept 25
Oct -Dec 24
Total Turnover
15,263.17
135,686.13
248,636.49
101,122.13
Turnover from Shares Bought by
0.00
19,128.77
49,034.28
4,031.66
Foreign Investors:
%Buying Local Investors
100.00
85.90
80.28
96.01
%Buying Foreign Investors
0.00
14.10
19.72
3.99
Turnover from Shares Sold by
2.68
45,142.40
114,911.38
31,158.83
Foreign Investors:
%Selling Local Investors
99.98
66.73
53.78
69.19
%Selling Foreign Investors
0.02
33.27
46.22
30.81
ETF Market Turnover (in million TZS)
31 Dec 25
Jul -Sept 25
Oct -Dec 24
Total Turnover
111.96
Turnover from Shares Bought by
0.00
Foreign Investors:
%Buying Local Investors
100.00
%Buying Foreign Investors
0.00
Turnover from Shares Sold by
0.00
Foreign Investors:
%Selling Local Investors
100.00
%Selling Foreign Investors
0.00
Value of Government Bonds Traded (in billions TZS)
31 Dec 25
Oct - Dec 25
Jul - Sept 25
Oct - Dec 24
Face Value
Transaction Value
6.90
5.62
1,721.80
1,887.78
1,525.24
1,614.67
946.48
994.64
Value of Corporate Bonds Traded (in Million TZS)
31 Dec 25
Oct - Dec 25
Jul - Sept 25
Oct - Dec 24
Face Value
Transaction Value
200.00
160.00
3,089.71
2,907.62
2,299.10
2,193.11
1,129.26
999.78
Key Market Indicators:
31 Dec 25
28 Nov 25
31 Dec 24
Total Market Capitalisation (TZS bln)
23,995.34
22,312.50
17,868.17
Domestic Market Capitalisation (TZS bln)
15,580.77
13,897.92
12,243.37
ETF Market Capitalisation (TZS bln)
21.87
10.54
0
Outstanding Government Bonds (TZS bln)
32,724.79
29,704.84
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)
2,761.93
2,568.20
2,139.73
Tanzania Share Index (TSI)
5,759.41
5,137.35
4,618.78
Industrial & Allied (IA)
4,298.45
4,124.00
5,044.80
Banks, Finance & Investment (BI)
10,900.19
9,307.76
5,783.87
Commercial Services (CS)
1,885.46
1,654.63
2,138.48
Exchange Rate:
31 Dec 25
28 Nov 25
31 Dec 24
TZS/USD (BOT Mean Rate)
2,447.46
2,437.31
2,394.76
TZS/KE (BOT Mean Rate)
18.97
18.76
18.53
TZS/GBP (BOT Mean Rate)
3,303.59
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: 31-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
480
495
510
465
19,064,015
156
38,595
72.29
27,669
20,320
CRDB
1,510
1,530
1,540
1,500
14,948,328,040
1,388
17,605,062
3,996.11
319,678
250,027
DCB
240
240
250
230
11,841,870
148
49,091
45.98
6,739
26,763
DSE
7,090
7,150
7,150
7,000
8,930,120
32
1,251
170.34
16,167
294
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
1,350
1,350
2,700,000
2
2,000
4,009.96
0
0
MBP
755
755
790
745
2,415,325
27
3,203
22.64
757
8,634
MCB
465
460
465
450
414,480
10
897
28.44
2,939
21,601
MKCB
2,380
2,710
2,730
2,510
3,345,650
30
1,241
63.83
2,994
0
MUCOBA
410
410
0
0
0
0
0
13.39
0
5,042
NICO
1,870
1,880
1,990
1,820
120,289,710
173
63,991
115.89
2,493
22,551
Co.
Opening Price
(TZS)
Closing Price
(TZS)
High
(TZS)
Low
(TZS)
Turnover
(TZS)
Deals
Volume
Market Cap (TZS)
Billions
Outstanding
Bids
Outstanding
Offers
NMB
8,410
8,410
8,570
8,400
84,507,100
80
10,043
4,205.00
4,688
121
NMG
280
280
0
0
0
0
0
52.79
0
0
PAL
250
265
285
255
257,685
28
958
42.52
25,210
1,216
SWALA
450
450
0
0
0
0
0
47.79
0
0
SWIS
2,260
2,280
2,500
2,200
12,029,540
42
5,260
82.08
5,718
6,694
TBL
8,510
8,510
8,620
8,610
292,890
3
34
2,510.93
2,708
0
TCC
10,150
10,200
10,200
10,150
16,612,550
34
1,629
1,020.00
35
37
TCCL
2,400
2,400
2,500
2,400
4,573,450
15
1,902
458.43
2,395
3,080
TOL
1,010
1,030
1,040
1,030
923,810
19
894
59.23
906
6,452
TPCC
6,070
6,170
6,190
6,150
15,340,850
19
2,487
1,110.13
5,358
2,682
TTP
390
390
390
385
351,580
14
905
37.07
50
5,200
USL
5
5
0
0
0
0
0
1.82
0
0
VODA
640
655
670
645
10,949,520
84
16,680
1,467.20
24,923
0
YETU
510
510
0
0
0
0
0
6.18
0
0
Total
15,263,168,185
2,304
17,806,123
23,995.34
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: 31-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
400
405
420
395
111,960,775
477
277,052
21.87
4,989
21,865
Total
111,960,775
477
277,052
21.87
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
653 25 12.56 28/12/2023 28/12/2048 131/12/2025
0.00900
100.0001 12.5748
693 20 13.00 18/12/2025 18/12/2045 131/12/2025
0.05000
108.5000 10.4626
693 20 13.00 18/12/2025 18/12/2045 131/12/2025
0.00100
107.3346 10.6249
693 20 13.00 18/12/2025 18/12/2045 131/12/2025
0.05000
108.5000 10.4626
693 20 13.00 18/12/2025 18/12/2045 131/12/2025
0.06000
110.0000 10.2579
568 25 15.95 05/08/2021 05/08/2046 131/12/2025
0.05000
127.3813 13.0032
550 10 11.44 12/11/2020 19/11/2030 131/12/2025
2.50000
103.7307 10.8088
533 20 15.49 23/04/2020 23/04/2040 131/12/2025
0.60780
124.6628 12.2686
597 25 12.56 12/05/2022 12/05/2047 131/12/2025
0.02000
100.0001 12.7915
689 5 10.75 27/11/2025 27/11/2030 131/12/2025
3.40000
106.1670 0.0000
CRD 5 10.25 23/10/2023 23/10/2028 131/12/2025
0.20000
80.0000 20.9110
540 20 15.49 23/07/2020 23/07/2040 131/12/2025
0.15000
115.6205 13.8739
7.09780 12
Total