A daily reading of Tanzania’s markets, capital and policy, with regional and global forces when they materially change the read. Information and education, never advice.
The Brief is written the morning after the market closes. This edition analyses Wednesday, 19 August 2026; the most recent verified session. Its figures are frozen to that close; for today’s live moves see Markets.
Did the domestic market and the headline index move together or apart over the covered quarter?
Cumulative TSI return minus cumulative DSEI return · frozen at the 2026-08-19 covered session
Only declared transformations and compatible comparisons are enabled. The exact state is retained in the URL.
Reuse package · edition 2026-08-19-0e94e96c2217
| Date | Relationship | Cumulative gap (pp) |
|---|---|---|
| 2026-05-22 | Cumulative TSI minus DSEI | 0 |
| 2026-05-25 | Cumulative TSI minus DSEI | 0.54 |
| 2026-05-26 | Cumulative TSI minus DSEI | 0.71 |
| 2026-05-28 | Cumulative TSI minus DSEI | 1 |
| 2026-05-29 | Cumulative TSI minus DSEI | 0.91 |
| 2026-06-01 | Cumulative TSI minus DSEI | 1.02 |
| 2026-06-02 | Cumulative TSI minus DSEI | 1.36 |
| 2026-06-03 | Cumulative TSI minus DSEI | 1.11 |
| 2026-06-04 | Cumulative TSI minus DSEI | 1.22 |
| 2026-06-05 | Cumulative TSI minus DSEI | 1.4 |
| 2026-06-08 | Cumulative TSI minus DSEI | 1.24 |
| 2026-06-09 | Cumulative TSI minus DSEI | 0.96 |
| 2026-06-10 | Cumulative TSI minus DSEI | 0.57 |
| 2026-06-11 | Cumulative TSI minus DSEI | 0.38 |
| 2026-06-12 | Cumulative TSI minus DSEI | 0.05 |
| 2026-06-15 | Cumulative TSI minus DSEI | -0.34 |
| 2026-06-16 | Cumulative TSI minus DSEI | -0.19 |
| 2026-06-17 | Cumulative TSI minus DSEI | -0.28 |
| 2026-06-18 | Cumulative TSI minus DSEI | -0.78 |
| 2026-06-19 | Cumulative TSI minus DSEI | -0.65 |
| 2026-06-22 | Cumulative TSI minus DSEI | -0.27 |
| 2026-06-23 | Cumulative TSI minus DSEI | -0.48 |
| 2026-06-24 | Cumulative TSI minus DSEI | -0.58 |
| 2026-06-25 | Cumulative TSI minus DSEI | -1.55 |
| 2026-06-26 | Cumulative TSI minus DSEI | -2.11 |
| 2026-06-29 | Cumulative TSI minus DSEI | -2.18 |
| 2026-06-30 | Cumulative TSI minus DSEI | -1.9 |
| 2026-07-01 | Cumulative TSI minus DSEI | -1.18 |
| 2026-07-02 | Cumulative TSI minus DSEI | -1.39 |
| 2026-07-03 | Cumulative TSI minus DSEI | -1.09 |
| 2026-07-06 | Cumulative TSI minus DSEI | -0.92 |
| 2026-07-08 | Cumulative TSI minus DSEI | -1.15 |
| 2026-07-09 | Cumulative TSI minus DSEI | -1.14 |
| 2026-07-10 | Cumulative TSI minus DSEI | -1.13 |
| 2026-07-13 | Cumulative TSI minus DSEI | -1.15 |
| 2026-07-14 | Cumulative TSI minus DSEI | -1.35 |
| 2026-07-15 | Cumulative TSI minus DSEI | -1.18 |
| 2026-07-16 | Cumulative TSI minus DSEI | -1.38 |
| 2026-07-17 | Cumulative TSI minus DSEI | -1.28 |
| 2026-07-20 | Cumulative TSI minus DSEI | -1.25 |
| 2026-07-21 | Cumulative TSI minus DSEI | -1.09 |
| 2026-07-22 | Cumulative TSI minus DSEI | -1 |
| 2026-07-23 | Cumulative TSI minus DSEI | -0.89 |
| 2026-07-24 | Cumulative TSI minus DSEI | -2 |
| 2026-07-27 | Cumulative TSI minus DSEI | -1 |
| 2026-07-28 | Cumulative TSI minus DSEI | -0.6 |
| 2026-07-29 | Cumulative TSI minus DSEI | -0.51 |
| 2026-07-30 | Cumulative TSI minus DSEI | -0.53 |
| 2026-07-31 | Cumulative TSI minus DSEI | -0.46 |
| 2026-08-03 | Cumulative TSI minus DSEI | -0.55 |
| 2026-08-04 | Cumulative TSI minus DSEI | -0.67 |
| 2026-08-05 | Cumulative TSI minus DSEI | -0.89 |
| 2026-08-06 | Cumulative TSI minus DSEI | N/A |
| 2026-08-07 | Cumulative TSI minus DSEI | -1.22 |
| 2026-08-10 | Cumulative TSI minus DSEI | -0.85 |
| 2026-08-11 | Cumulative TSI minus DSEI | -0.61 |
| 2026-08-12 | Cumulative TSI minus DSEI | -0.82 |
| 2026-08-13 | Cumulative TSI minus DSEI | -0.9 |
| 2026-08-14 | Cumulative TSI minus DSEI | -0.65 |
| 2026-08-17 | Cumulative TSI minus DSEI | -0.84 |
| 2026-08-18 | Cumulative TSI minus DSEI | -0.95 |
| 2026-08-19 | Cumulative TSI minus DSEI | -1.22 |
2026-08-19-0e94e96c2217 · revision log →dse-daily-market-indicescumulative-excess-return; cumulative sum(TSI session return minus DSEI session return)Read: Above zero means the domestic index led. Below zero means the all-share led. A flat line near zero means their paths were similar.
Index scope differs. The measure adds only sessions with comparable published returns and is not a portfolio return. The excluded session remains disclosed in the values table.
Descriptive flags from the verified DSE close; not signals, predictions, or advice. The official close, fully broken down; After the Bell →
4,255.50 rose 0.41% and 9,327.78 0.14%; 10 counters advanced against 6 decliners.
NMB, CRDB, KCB supplied 93.1% of TZS 7.147bn equity turnover.
The 20 August close tests whether value broadens beyond the leading bank counters.
4,255.50 rose 0.41% while 21 of 28 counters traded in the verified close.
NMB, CRDB, KCB supplied 93.1% of the session, leaving 6.9% for the rest of the board.
The next close tests whether the advance attracts value outside the leading counters.
A free daily Tanzania market-intelligence note covering DSE moves, rates, FX, policy, macro signals and what to watch next.
The BoT ledger records USD/TZS at 2,644.21 on the 2026-08-20 sheet.
The same ledger shows a -0.28% one-month shilling move and preserves the sheet date independently from the DSE close.
Use the next BoT sheet, not an editorial lookup, to update the FX marker.
Weighted-average yields ran from 2.1300% at 35 days to 6.7400% at 364 days.
Each point is an official auction observation; the curve by itself does not establish a policy shift.
The latest Treasury-bond result is the next dated government-securities checkpoint.
The Ghost's hypothetical model ledger is +9.38% since inception at its 2026-08-19 mark. Turnover concentration, FX dates and the bill curve update the observable terrain, not trades.
Ghost relevance: how today’s rates, FX, gold and inflation read against a hypothetical model-book; educational, not advice.
Open the Ghost tracker → The terrain it reads →| When | Event | Why it matters |
|---|---|---|
| After official DSE publication | 20 Aug DSE close | Confirms whether the 19 Aug index advance broadened beyond the leading turnover names. |
| 20 to 24 Aug 2026 | NMB split mechanics | Issuer and exchange notices govern suspension and effective-date treatment. |
| After the official result is retained | BoT 15-year bond result | Separates the bond checkpoint from the 12 Aug Treasury-bill curve. |
A free daily Tanzania market-intelligence note covering DSE moves, rates, FX, policy, macro signals and what to watch next.
Information and education only, not advice or a forecast. Market figures cover the DSE verified close of 19 Aug 2026. Other observations retain their own source dates.