MARKET INFORMATION
Dar es Salaam Stock Exchange

 

 

Trading Hours

Pre-opening session

10:00 – 10:30

Open

10:30

Continuous trading

10:30 – 16:00

Close

16:00

Time Zone

GMT+3

Trading Days

Monday – Friday

Trading Currency

Tanzanian Shilling (TZS)

 

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

Reuters code

DSEI

Bloomberg code

DARSDSEI

Exchange Code

Bloomberg

TZ

Trading ID

CDS account number and the account legal name

Settlement Cycle

T+3

Current Index Status

No MSCI classification or FTSE classification

Market Cap

USD5.8bn

Average Daily Value Traded
YearAVG VALUE TRADED
2021 $ 0.16mn
2022 $ 0.30mn
2023 $ 0.44mn
MARKET DYNAMICS

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 REGULATIONS
Foreign Ownership Restriction
No FOL apply. Foreigners can own up to 100% of any listed stock
Disclosure Rules
The exchange’s approval is required before reaching 5% or more of any listed company.
Securities Lending
Not permitted
Short selling
Not permitted
Crossing Restrictions
None
Timeline for New ID Setup
1 hour
MARKET FEES & TAXES
Market Fees  36 bps
(breakdown is available)
Capital Gain Tax None
Withholding Tax  5%
Dividend Tax None
VAT on Brokerage 18%