{"id":42217,"date":"2017-03-10T09:53:40","date_gmt":"2017-03-10T07:53:40","guid":{"rendered":"http:\/\/www.times.mw\/?p=42217"},"modified":"2017-03-10T09:53:43","modified_gmt":"2017-03-10T07:53:43","slug":"stock-market-in-positive-run","status":"publish","type":"post","link":"https:\/\/archive.times.mw\/index.php\/2017\/03\/10\/stock-market-in-positive-run\/","title":{"rendered":"Stock market in positive run"},"content":{"rendered":"<p>The market was bullish in the month of February 2017 registering a positive return on investment of 3.87 percent.<\/p>\n<p>Price gains registered by Illovo Sugar Malawi Limited, Mpico, National Bank of Malawi and TNM were enough to offset a share price loss registered by Nico Holdings.<\/p>\n<p>An update from the Malawi Stock Exchange shows market capitalisation increased in both kwacha and dollar terms from K569 million in January 2017 to K591million in February 2017.<\/p>\n<p>In total, the market realised K179.6 million from the sale of 12.8 million shares in 80 trades as compared to 9.4 million shares at a total consideration of K299.5 million in January realised in 100 trades.<\/p>\n<p>This reflects a 36.29 percent increase in terms of share volume and a 40.02 percent decrease in share value.<\/p>\n<p>The average daily turnover for February 2017 was K8.5 million compared to K14.2 in January 2017, reflecting a decrease of 40.02 percent.<\/p>\n<p>In an earlier interview, Chief Executive Officer of Alliance Africa Malawi, Armstrong Kamphoni, forecast that the market was likely to maintain its bullish run as listed companies continue posting good results.<\/p>\n<p>But Kamphoni said performance can shift the other way if the good run from companies stops.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The market was bullish in the month of February 2017 registering a positive return on investment of 3.87 percent. Price gains registered by Illovo Sugar Malawi Limited, Mpico, National Bank of Malawi and TNM were enough to offset a share price loss registered by Nico Holdings. An update from the Malawi Stock Exchange shows market [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":42221,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-42217","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/42217","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=42217"}],"version-history":[{"count":1,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/42217\/revisions"}],"predecessor-version":[{"id":42222,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/42217\/revisions\/42222"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media\/42221"}],"wp:attachment":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media?parent=42217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/categories?post=42217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/tags?post=42217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}