Trading Hours |
Pre-opening session |
10:00 – 10:30 |
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Open |
10:30 |
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Continuous trading |
10:30 – 16:00 |
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Close |
16:00 |
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Time Zone |
GMT+3 |
Trading Days |
Monday – Friday |
Trading Currency |
Tanzanian Shilling (TZS) |
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Main Index |
Tanzania All Share Index Real Time. The All Share Index (DSEI) is a market cap weighted index with a base reference of 1000. It includes all stocks listed on the Dar es Salaam Stock Exchange |
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Reuters code |
DSEI |
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Bloomberg code |
DARSDSEI |
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Exchange Code |
Bloomberg |
TZ |
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Trading ID |
CDS account number and the account legal name |
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Settlement Cycle |
T+3 |
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Current Index Status |
No MSCI classification or FTSE classification |
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Market Cap |
USD5.8bn |
Year | AVG VALUE TRADED |
---|---|
2021 | $ 0.16mn |
2022 | $ 0.30mn |
2023 | $ 0.44mn |
Stock Limit Up/Down
+/-5% if mkt cap >TZS 1 tn
+/- 10% if mkt cap <TZS 1 tn
TZS Tick Size
Price Range |
Tick size |
Less than 499 |
5.00 |
500 - 999 |
10.00 |
1,000 - 4999 |
20.00 |
5,000 - 9999 |
50.00 |
10,000 and above |
100.00 |
All or none
Available
Board Lot
1 share
Iceberg
Not available
Crosses
Permitted in market spread
Off- Market Crosses
Min size TZS 200mn and needs to be pre-approved with an evaluation report by the exchange.
Official Closing Price
VWAP of trades executed in the last hour
Market Fees | 36 bps (breakdown is available) |
Capital Gain Tax | None |
Withholding Tax | 5% |
Dividend Tax | None |
VAT on Brokerage | 18% |