Tanzania, South Korea Sign Deal to Upgrade Railway Network
The Dar es Salaam Stock Exchange (DSE) closed Week 22 of 2026 with a sharp decline in market activity, as equity turnover excluding ETFs dropped by 63.13% week-on-week to TZS 13.70 billion.Trading volume also fell 41% to 5.45 million shares across 14,835 deals, reflecting reduced liquidity during a shortened trading week affected by the Eid al-Adha holiday.CRDB Bank dominated trading activity, accounting for TZS 10.76 billion in turnover and leading in volume with nearly 3.99 million shares traded, confirming its continued dominance alongside other frequent heavyweights such as NMB and NICO.Despite weaker overall market activity, SWIS emerged as the top performer with a weekly gain of 7.32%, followed by NMB (+6.47%) and TBL (+3.78%), while TTP recorded the steepest decline at -9.91%.
Foreign investors maintained a net selling position of USD 437,961, extending a four-week streak of outflows from the market, with locals accounting for over 99% of buying activity.ETF trading, however, showed resilience, rising 42.06% to TZS 846.66 million in turnover.Market capitalisation increased by 1.56% to TZS 34.19 trillion, supported by gains in domestic capitalisation and positive index performance.Four of five major indices closed higher, led by Banks, Finance & Investment (+3.20%), while Commercial Services slightly declined.In the bond market, turnover rose 27.48% to TZS 93.75 billion, with mixed yield movements including a sharp increase in the 15-year tenor.Overall, the week reflected lower equity liquidity but mixed positive signals in indices and bonds.
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