The Malawi Stock Exchange (MSE) still shows a bearish run, as the Malawi All Share Index (Masi) went down from 27445.85 to 27303.65 points, influenced by share price drops.

For instance Icon properties decreased its share price by 7.9%, Standard Bank decreased by 0.17% while Nico shares decreased by 0.02%.

Alliance Stockbrokers linked the price drops to a supply that is surpassing demand in the market as bidding price is lower than market price.