The Dar es Salaam Stock Exchange experienced a significant surge in equity turnover during Week 44 of 2026, which spanned from October 26th to October 30th. The total equity turnover, excluding ETF trades, reached TZS 41.66 billion, representing a 147.30% increase compared to Week 43 of 2026, when the turnover was TZS 16.85 billion. This substantial rise in equity turnover indicates a notable increase in trading activity on the exchange.
A total of 18,522,653 shares were traded across 18,746 deals during Week 44 of 2026, marking a 100.01% surge compared to the 9,260,962 shares traded in Week 43 of 2026. The National Microfinance Bank (NMB) led all counters by volume, with 11,705,243 shares traded, while also dominating by turnover, generating TZS 21.30 billion. This significant increase in trading volume and turnover highlights the growing interest in the exchange.
The National Media Group (NMG) emerged as the top gainer during Week 44 of 2026, with a gain of 30.23%. Other notable gainers included PAL, which rose by 5.45%, and TTP, which increased by 4.00%. On the losing side, USL fell by 16.67%, while MBP declined by 8.96% and NMB retreated by 6.67%. The mixed performance of stocks reflects the dynamic nature of the exchange.
ETF trading on the exchange also experienced significant growth, with combined turnover reaching TZS 2.28 billion on a volume of 9,745,765 units. This represents a 339.28% increase compared to Week 43 of 2026, when the turnover was TZS 519.30 million. The growing interest in ETFs indicates a diversification of investment options on the exchange.
Local investors accounted for 93.04% of buying and 31.44% of selling, while foreign investors accounted for 6.96% and 68.56%, respectively. This resulted in a net foreign selling position of USD 9,718,805 for the week, extending a four-week streak of foreign net selling on the exchange. The dominance of local investors highlights their significant role in driving market activity.
The total market capitalization closed at TZS 38,567.91 billion, representing a 2.53% decline compared to Week 43 of 2026. The domestic market capitalization settled at TZS 26,742.63 billion, a 2.75% decline compared to the prior week's level. The decline in market capitalization reflects the overall negative performance of the exchange during the week.
The All Share Index (DSEI) fell by 2.53%, while the Tanzania Share Index (TSI) declined by 2.75%. The Banks, Finance & Investment (BI) index dropped by 4.49%, while the Industrial & Allied (IA) index edged up by 0.81% and the Commercial Services (CS) index added 0.19%. The mixed performance of indices reflects the varied trends across different sectors.
Key points
- Equity turnover surged by 147.30% to TZS 41.66 billion in Week 44 of 2026.
- NMG emerged as the top gainer, with a gain of 30.23%.
- Foreign investors recorded a net selling position of USD 9,718,805, extending a four-week streak of foreign net selling.
