The Malawi Stock Exchange (MSE) in the month of May registered a positive return on index, with a slight gain in the Malawi All Share Index (MASI) from 16024.62 percentage points in April to 16141.51 points.<\/p>\n
On the flip side, a latest trading commentary from MSE also shows that the market registered a decrease in traded value as well as volume<\/p>\n
But overall, according to MSE Chief Executive Officer John Kamanga, the market has marginally done well with the MASI gaining one percent in kwacha terms.<\/p>\n
\u201cThe decrease in traded volume and value is as a result of some restructuring transactions which were not registered in May,\u201d he said.<\/p>\n
The market also saw no trades on the three government bonds whilst equity trading decreased in both traded value and volume.<\/p>\n
Kamanga attributed this to holding of the bonds by companies for long term investment in the wake of non-availability of other avenues of investing on the MSE.<\/p>\n
\u201cWe need extra bonds from government as well as private companies to increase the scope of instruments for trading,\u201d he observed.<\/p>\n
Price gains registered by four counters, MPICO, National Investment Trust Ltd, Press Corporation Ltd, and Sunbird were enough to offset a share price loss registered by TNM resulting into an increase in the Domestic Share Index by 0.74 percent. The Foreign Share Index was steady at 1762.13 points.<\/p>\n
Looking forward, Kamanga expects the market to remain buoyant albeit on a marginal level on account of the stability in key macro-economic indicators which.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Malawi Stock Exchange (MSE) in the month of May registered a positive return on index, with a slight gain in the Malawi All Share Index (MASI) from 16024.62 percentage points in April to 16141.51 points. On the flip side, a latest trading commentary from MSE also shows that the market registered a decrease in […]<\/p>\n","protected":false},"author":3,"featured_media":4354,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-4350","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\/4350","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=4350"}],"version-history":[{"count":1,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/4350\/revisions"}],"predecessor-version":[{"id":4355,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/4350\/revisions\/4355"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media\/4354"}],"wp:attachment":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media?parent=4350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/categories?post=4350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/tags?post=4350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}