DSE All-Share
4,523.81
As at DSEI · 4 Sep close · daily move
Permanent edition · Vol. I · No. 247
The Brief
Sunday, 6 September 2026
A frozen reading of Tanzania's markets, capital and policy. Figures remain bound to their stated observations; this archive never inherits a newer market tape.
Tanzania Share Index
9,826.80
As at TSI · 4 Sep close · daily move
USD / TZS
2,637.53
As at BoT mean · 6 Sep sheet
BoT rate
6.25%
As at CBR · Q3 2026
Inflation
4.2%
As at NBS · July 2026 headline
This edition in 60 seconds
- 01Index direction, trading breadth and Wednesday's bill auction set the next tests
- 02Monday first tests whether DSEI and TSI return to the same direction
- 03The next five sessions test whether trading value becomes more evenly spread
The week ahead
Index direction, trading breadth and Wednesday's bill auction set the next tests
Signal
DSEI enters Monday 1.78% above 28 August, while TSI starts 0.98% below it. Five verified sessions carried TZS 86.391bn in equity turnover.
Why it matters
The index split and uneven daily turnover show that last week was not a single market-wide move.
What to watch
Confirmation would be common index direction and broader trading value. Weakening evidence would be continued divergence or another week dependent on one large session.
Did the domestic market and the headline index move together or apart over the covered quarter?
The domestic market against the headline index
As at 4 Sep 2026 · Source: Dar es Salaam Stock Exchange. Exact values and method remain in the static evidence table below.
Index test
Monday first tests whether DSEI and TSI return to the same direction
Signal
DSEI ended 1.78% above 28 August, while TSI ended 0.98% below it. Both enter the week as official 4 September levels.
Why it matters
The indices cover different groups of shares, so their split is evidence that the prior week was not uniform.
What to watch
Confirmation: both indices move in the same direction on verified closes. Weakening evidence: the split persists through the next complete week.
Source: DSE official index history, 28 August and 4 September 2026 · first seen 2026-09-06
Go deeper →Liquidity test
The next five sessions test whether trading value becomes more evenly spread
Signal
Equity turnover totalled TZS 86.391bn last week, but Thursday alone supplied 49.7% of that value.
Why it matters
The weekly total is complete, yet one large session means activity was not evenly distributed across time.
What to watch
Confirmation: the week to 11 September records broader daily turnover. Weakening evidence: another single session supplies close to half of the total.
Source: DSE verified session history, 31 August to 4 September 2026 · first seen 2026-09-06
Go deeper →Breadth test
Advances start ahead, but the next week must pair breadth with trading value
Signal
Five sessions recorded 45 advancing, 37 declining and 18 unchanged executed-counter observations.
Why it matters
Market breadth counts how many traded counters moved. It does not show how much money traded in each one.
What to watch
Confirmation: advances remain ahead while turnover spreads across more counters. Weakening evidence: breadth improves without meaningful traded value.
Source: DSE executed-counter history, 31 August to 4 September 2026 · first seen 2026-09-06
Go deeper →Company test
Large company endpoint moves need fresh trading support
Signal
Nation Media Group (NMG) rose 23.64% and KCB Group rose 11.56% last week. Precision Air (PAL) fell 12.86% and Maendeleo Bank (MBP) fell 6.94%.
Why it matters
Friday-to-Friday price changes show direction, not how easily each share could be traded.
What to watch
Confirmation: the largest moves retain visible volume in new verified sessions. Weakening evidence: the endpoints persist without trading support.
Source: DSE official close history, 28 August and 4 September 2026 · first seen 2026-09-06
Go deeper →Rates catalyst
Wednesday's Treasury-bill auction is the week's dated rates test
Signal
BoT scheduled a Treasury-bill auction for 9 September. At the prior 26 August auction, 91-day, 182-day and 364-day yields were 3.40%, 5.05% and 6.65%.
Why it matters
A yield is the annual rate implied by the auction price. The prior results are context, not a forecast of the new auction.
What to watch
Confirmation or weakening comes only from the official 9 September result, including yields and dated demand evidence.
FX and gold test
The next official readings test a slightly firmer shilling and lower gold
Signal
The BoT USD/TZS mean fell 0.09% from 28 August to 4 September. The Mining Commission gold reference fell 2.34%.
Why it matters
The two changes use separate official source series and do not establish a shared cause.
What to watch
Confirmation: subsequent official readings extend either move. Weakening evidence: the corresponding source series reverses it.
The Ghost · edition context
The model-book allocation read
The Ghost remains a hypothetical education layer at +12.68% since inception. The week ahead tests participation and dated rate evidence, not a predicted market direction.
Open the current Ghost tracker →What this edition watched
DSE index direction
Test whether DSEI and TSI return to the same direction.
Monday, 7 September and the next verified sessions
Treasury-bill auction
Read the official yields and demand evidence without forecasting the result.
Wednesday, 9 September
Weekly turnover and breadth
Test whether trading value broadens while advances retain support.
Friday, 11 September
FX and gold markers
Test each prior move on its own authority series.
Next official dated observations
Information and education only. This Week-ahead Brief is frozen to the verified DSE close (4 Sep 2026) and frames observable tests for the week of 7 to 11 Sep 2026. Weekly turnover and executed-breadth figures are complete for 31 Aug to 4 Sep; future outcomes remain unknown. It is not investment advice, a recommendation or a solicitation. For live market updates, see Markets.