Dissertation (MA Business Administration)This study was based on Comparative Analysis on Listed Stocks at the Dar-es-Salaam Stock Exchange, (DSE) using two commercial banks as a Case Study. Generally, the study analysed the performance of bank stocks in DSE. The specific objectives were to work out some financial ratios and compare both ratios of NMB and CRDB banks, to find out the Market Capitalization of both banks and lastly, to investigate the challenges facing DSE. The sample size of 52 respondents was used. Methods used for data collection were interviews, questionnaires and documentary review. Software Package for Statistical Science (SPSS) was used for management and analysis of data. The study revealed that, both banks generate low dividend yields, with NMB having higher earnings power, gross profit margin and total assets turnover. It seems this bank is making better use of owners‟ resources. The data shows that NMB Bank uses more debts in financing its assets. It recently managed to generate more sales and its Market Capitalization is higher than that of CRDB. Therefore, NMB contributes more to the domestic market capitalization. The challenges facing DSE include; low volume of transactions and limited products traded causing illiquidity, very low local participation, and .limited foreign ownership. 1 The researcher recommends that investors may invest in any of these two banks. Future researchers may conduct some research on stock analysis, and extend it further to include computation and analysis of the intrinsic values of listed companies in DSE. The researcher is convinced that the stock market is not active enough and strongly recommends that the DSE may increase the number of participation of foreigners and local people in the stock market to make it more vibrant. Lastly, the banking industry may look for more was of increasing and expanding its production.