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 Tuesday, 1 September 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 2026-09-01 covered session
Only declared transformations and compatible comparisons are enabled. The exact state is retained in the URL.
Reuse package · edition 2026-09-01-683866416055
| Date | Relationship | Cumulative gap (pp) |
|---|---|---|
| 2026-06-04 | Cumulative TSI minus DSEI | 0 |
| 2026-06-05 | Cumulative TSI minus DSEI | 0.19 |
| 2026-06-08 | Cumulative TSI minus DSEI | 0.03 |
| 2026-06-09 | Cumulative TSI minus DSEI | -0.26 |
| 2026-06-10 | Cumulative TSI minus DSEI | -0.64 |
| 2026-06-11 | Cumulative TSI minus DSEI | -0.84 |
| 2026-06-12 | Cumulative TSI minus DSEI | -1.16 |
| 2026-06-15 | Cumulative TSI minus DSEI | -1.56 |
| 2026-06-16 | Cumulative TSI minus DSEI | -1.41 |
| 2026-06-17 | Cumulative TSI minus DSEI | -1.5 |
| 2026-06-18 | Cumulative TSI minus DSEI | -1.99 |
| 2026-06-19 | Cumulative TSI minus DSEI | -1.87 |
| 2026-06-22 | Cumulative TSI minus DSEI | -1.49 |
| 2026-06-23 | Cumulative TSI minus DSEI | -1.69 |
| 2026-06-24 | Cumulative TSI minus DSEI | -1.79 |
| 2026-06-25 | Cumulative TSI minus DSEI | -2.77 |
| 2026-06-26 | Cumulative TSI minus DSEI | -3.33 |
| 2026-06-29 | Cumulative TSI minus DSEI | -3.39 |
| 2026-06-30 | Cumulative TSI minus DSEI | -3.12 |
| 2026-07-01 | Cumulative TSI minus DSEI | -2.4 |
| 2026-07-02 | Cumulative TSI minus DSEI | -2.61 |
| 2026-07-03 | Cumulative TSI minus DSEI | -2.3 |
| 2026-07-06 | Cumulative TSI minus DSEI | -2.14 |
| 2026-07-08 | Cumulative TSI minus DSEI | -2.37 |
| 2026-07-09 | Cumulative TSI minus DSEI | -2.35 |
| 2026-07-10 | Cumulative TSI minus DSEI | -2.35 |
| 2026-07-13 | Cumulative TSI minus DSEI | -2.37 |
| 2026-07-14 | Cumulative TSI minus DSEI | -2.56 |
| 2026-07-15 | Cumulative TSI minus DSEI | -2.4 |
| 2026-07-16 | Cumulative TSI minus DSEI | -2.6 |
| 2026-07-17 | Cumulative TSI minus DSEI | -2.5 |
| 2026-07-20 | Cumulative TSI minus DSEI | -2.46 |
| 2026-07-21 | Cumulative TSI minus DSEI | -2.3 |
| 2026-07-22 | Cumulative TSI minus DSEI | -2.21 |
| 2026-07-23 | Cumulative TSI minus DSEI | -2.11 |
| 2026-07-24 | Cumulative TSI minus DSEI | -3.22 |
| 2026-07-27 | Cumulative TSI minus DSEI | -2.22 |
| 2026-07-28 | Cumulative TSI minus DSEI | -1.82 |
| 2026-07-29 | Cumulative TSI minus DSEI | -1.73 |
| 2026-07-30 | Cumulative TSI minus DSEI | -1.75 |
| 2026-07-31 | Cumulative TSI minus DSEI | -1.68 |
| 2026-08-03 | Cumulative TSI minus DSEI | -1.77 |
| 2026-08-04 | Cumulative TSI minus DSEI | -1.89 |
| 2026-08-05 | Cumulative TSI minus DSEI | -2.1 |
| 2026-08-06 | Cumulative TSI minus DSEI | N/A |
| 2026-08-07 | Cumulative TSI minus DSEI | -2.44 |
| 2026-08-10 | Cumulative TSI minus DSEI | -2.06 |
| 2026-08-11 | Cumulative TSI minus DSEI | -1.83 |
| 2026-08-12 | Cumulative TSI minus DSEI | -2.04 |
| 2026-08-13 | Cumulative TSI minus DSEI | -2.11 |
| 2026-08-14 | Cumulative TSI minus DSEI | -1.86 |
| 2026-08-17 | Cumulative TSI minus DSEI | -2.05 |
| 2026-08-18 | Cumulative TSI minus DSEI | -2.17 |
| 2026-08-19 | Cumulative TSI minus DSEI | -2.44 |
| 2026-08-20 | Cumulative TSI minus DSEI | -2.31 |
| 2026-08-21 | Cumulative TSI minus DSEI | -2.38 |
| 2026-08-24 | Cumulative TSI minus DSEI | -2 |
| 2026-08-26 | Cumulative TSI minus DSEI | -1.49 |
| 2026-08-27 | Cumulative TSI minus DSEI | N/A |
| 2026-08-28 | Cumulative TSI minus DSEI | -0.83 |
| 2026-08-31 | Cumulative TSI minus DSEI | N/A |
| 2026-09-01 | Cumulative TSI minus DSEI | -1.24 |
2026-09-01-683866416055 · 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 →
4,395.95 and 9,758.17 fell 1.00% and 1.40%; NMB supplied 81.4% of TZS 16.388bn equity turnover.
Tuesday's indices fell even though more traded counters rose than fell. NMB carried most of the day's share trading value.
The next verified close tests whether index direction and the number of rising counters move together.
DSEI fell 1.00% and TSI fell 1.40% from 31 August to 1 September.
Both indices declined, but nine traded counters rose and seven fell. Index direction did not describe the whole board.
The next verified close tests whether the index and traded-counter direction converge.
A free daily Tanzania market-intelligence note covering DSE moves, rates, FX, policy, macro signals and what to watch next.
NMB supplied TZS 13.337bn of the verified TZS 16.388bn equity turnover.
Twenty counters traded, but most money passed through NMB. The total did not describe broad liquidity.
The next verified close tests whether trading value spreads beyond one bank.
A proposed law would let vehicles, equipment, inventory and receivables support secured loans.
The bill could widen usable collateral beyond land. It is not enacted law and creates no credit by itself.
Passage, registry rules, fees and Bank of Tanzania guidance are the next evidence tests.
The BoT mean was 2,638.2146 on 2 September, unchanged from the 1 September observation.
Both observations sat at the low end of the latest 30-observation range. This does not establish a new regime.
The next dated BoT sheet tests whether the mean leaves its narrow recent range.
The Ghost hypothetical model ledger is +12.47% since inception at its 1 September mark. Tuesday's NMB close affected the model record, while returns across the earlier index basis break remain unavailable.
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 | Next verified DSE close | Tests whether index direction and the number of rising traded counters move together. |
| At passage and implementation publication | Movable-collateral bill | Registry rules, fees and BoT guidance would show whether the proposal can operate. |
| At Finance review and ministerial signature | Fishing-fee rules | The signed rules and exact fee schedule are required before KCP can quantify cost relief. |
| At the next dated BoT sheet | USD/TZS mean | Tests whether the official mean moves beyond its narrow recent range. |
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 1 Sep 2026. Other observations retain their own source dates.