One of Malawi\u2019s stock brokers has said following the dismal performance of the local bourse in 2015, it is difficult to predict the markets\u2019 performance this year.<\/p>\n
FDH Stockbrokers Manager Nelson Mkwende said in an interview that no one in the market is currently sure as to what the economic environment in Malawi will be this year.<\/p>\n
He said the hostile economic environment of 2015 was a key factor for the uncertainty currently prevailing on the market.<\/p>\n
\u201cIt really hinges on how the economic environment will turn out.<\/p>\n
\u201cIf the government can create a conducive economic environment, that will be a huge step into the right direction in the year,\u201d he said.<\/p>\n
Mkwende said the Malawi stock market is currently not attractive to both foreign and local investors and that it is also not advanced in terms of trading and settlement systems.<\/p>\n
\u201cOur market looks too shallow to most investors and we have not made significant strides over the years to deepen it,\u201d he said.<\/p>\n
He said, however, that the local bourse has huge potential and that if just one more company can be listed on the market during the year it will be a huge booster of activity during the year.<\/p>\n
\u201cAnd that cannot be completely ruled out,\u201d said Mkwende.<\/p>\n
He said other factors that could build excitement on the stock market could be trading at discount prices of some stocks.<\/p>\n
\u201cIf all these factors can be sorted out then we can have an attractive investment environment, both for local and foreign investors,\u201d he said.<\/p>\n
The Malawi Stock Exchange currently has fourteen counters.<\/p>\n","protected":false},"excerpt":{"rendered":"
One of Malawi\u2019s stock brokers has said following the dismal performance of the local bourse in 2015, it is difficult to predict the markets\u2019 performance this year. FDH Stockbrokers Manager Nelson Mkwende said in an interview that no one in the market is currently sure as to what the economic environment in Malawi will be […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-15899","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/15899","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/comments?post=15899"}],"version-history":[{"count":0,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/15899\/revisions"}],"wp:attachment":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media?parent=15899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/categories?post=15899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/tags?post=15899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}