Dar es Salaam Stock Exchange equity turnover fell 22.46% in Week 34 of 2026, reaching TZS 23.30 billion excluding ETF trades after TZS 30.05 billion in Week 33. The reporting period covered August 17 to August 21, with 7,261,335 shares changing hands across 15,576 deals.

The weekly data showed a market still anchored by local investors. Local participants accounted for 99.81% of buying and 86.51% of selling, while foreign investors represented 0.19% of buying and 13.49% of selling. That produced net foreign selling of USD 1,172,119 and extended a four-week run of foreign outflows from the exchange.

CRDB led the market by volume with 2,272,803 shares traded, while NMB generated the highest turnover at TZS 11.52 billion. Total market capitalisation rose 0.41% to TZS 37,048.62 billion from TZS 36,898.87 billion in Week 33, while domestic market capitalisation slipped 0.12% to TZS 25,342.45 billion. ETF market capitalisation rose 2.31% to TZS 211.96 billion.

ETF trading moved in the opposite direction from the main equity market. The two listed funds generated combined turnover of TZS 1.21 billion on 1,200,319 units, up 44.42% from TZS 836.02 million in Week 33. TOL was the strongest individual stock, rising 17.45%, followed by MBP at 9.52% and DCB at 8.60%. PAL led the decliners with an 8.70% fall, followed by NMG at 7.27% and NICO at 1.57%.

Bond trading also weakened by value but broadened by ticket count. Turnover fell 57.65% to TZS 41.92 billion from TZS 98.98 billion, while the number of deals rose 48.65% from 148 to 220. The average trade size dropped 71.51% to TZS 190.55 million, pointing to smaller transactions rather than a simple retreat from activity.

For investors, the week gives a mixed reading on liquidity. Equities and bond turnover softened after a stronger Week 33, but ETF activity and higher bond deal count show continued participation in market instruments. The persistence of foreign net selling remains the clearest pressure point for Tanzania's capital markets as domestic investors continue to provide most of the trading base.