Shareholders of five companies out of the 14 counters listed on the Malawi Stock Exchange (MSE) can afford a smile following significant capital gains the companies have registered in May.<\/p>\n
The five are Nico Holdings limited, National Investment Trust Limited (NTL) , TNM, Press Corporation Limited (PCL) and Sunbird Tourism Limited.<\/p>\n
According to a monthly market performance report released on Monday by the exchange, Nico registered a 20.80 percent gain followed by NTL with a 13.33 percent gain.<\/p>\n
TNM registered a 9.76 percent gain while PCL gained 5.56 percent and Sunbird Tourism Limited registered a 4.92 percent gain.<\/p>\n
The development has reflected on the return on investment as it inched upwards by 2.43 percent.<\/p>\n
This means that the value of shareholding has grown among shareholders of the five counters.<\/p>\n
During the period, the Malawi All Share Index grew from 15203.97 in April to 15573.68 at the end of the month of May.<\/p>\n
The report further highlights an increase in both total traded value and volume. During the period, K1.3 billion was realised from trading 71,859,658 shares on the market.<\/p>\n
This translates into a value growth of 70.4 percent when compared to K788.1 million realised in April.<\/p>\n
However, Mpico was the only counter that registered a capital loss with a 6.98 percent margin in the month.<\/p>\n","protected":false},"excerpt":{"rendered":"
Shareholders of five companies out of the 14 counters listed on the Malawi Stock Exchange (MSE) can afford a smile following significant capital gains the companies have registered in May. The five are Nico Holdings limited, National Investment Trust Limited (NTL) , TNM, Press Corporation Limited (PCL) and Sunbird Tourism Limited. According to a monthly […]<\/p>\n","protected":false},"author":3,"featured_media":47938,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-47934","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\/47934","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=47934"}],"version-history":[{"count":1,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/47934\/revisions"}],"predecessor-version":[{"id":47939,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/47934\/revisions\/47939"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media\/47938"}],"wp:attachment":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media?parent=47934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/categories?post=47934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/tags?post=47934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}