CRDB accounted for 70.6% of session turnover.

DSEI +0.55% / Turnover TZS 5.07bn

Market study 23 Sep 2026

The Ghost model portfolio. Hypothetical.

How consistently did the equity sleeve remain above its starting level?

Later observations did not all sit on the same side of the starting level.

Later observations relative to the start

15 Sep 2026 to 22 Sep 2026

Recorded intervals

Above the start3

Below the start2

Equal to the start0

Recorded sleeve observations. Not whole-portfolio attribution.

Inspect the recorded path

Equity sleeve ↗Fixed income ↗

Inspect a recorded session22 Sep 2026: equity 102.86; fixed income 100.19.

Lines joined recorded observations. No missing values were filled. This window was not the day’s return.

Recorded observations

Sleeve indices from the common baseline
Date	Equity	Fixed income
15 Sep	100.00	100.00
16 Sep	100.49	100.02
17 Sep	99.26	100.05
18 Sep	99.29	100.08
21 Sep	101.25	100.16
22 Sep	102.86	100.19

Remaining above the start did not mean that every interval rose. Levels and changes answered different questions.

Baseline

Baseline / Kiwango cha msingi
A baseline was the reference observation against which later levels were compared. It was distinct from the preceding session.

Source: the Ghost tracker for the closing date. Each sleeve was divided by its own exact first observation in this window and rebased to a shared starting point. The comparison established neither a trade, a causal explanation nor whole-book attribution.

Continue learning →Earlier studies ↗

Full portfolio ↗

Closing-session evidence22 Sep 2026 / DSE

What sat behind the equity headline

Shared historical comparison: 16. 28 Aug 2026 to 18 Sep 2026.

Leading counter’s turnover share

Moved higher in the historical range

21 Sep 2026: 32.66%0/16 below
22 Sep 2026: 70.63%9/16 below

Position counts historical observations strictly below each record. It does not measure the size of the change; equal values do not count as lower.

Advancing share of traded movers

Moved lower in the historical range

21 Sep 2026: 62.50%13/16 below
22 Sep 2026: 53.85%9/16 below

Position counts historical observations strictly below each record. It does not measure the size of the change; equal values do not count as lower.

None belowHalf belowAll below

Source and method

Source: After the Bell. Position shows the share of prior observations strictly below the close, not the size of the difference. Both measures and both displayed dates used the same complete cohort. Both displayed dates were excluded when a prior comparison was available. Ties counted in the denominator but not as lower observations. This held sample was not the full available archive.

Market record ↗