The Malawi Stock Exchange (MSE) closed the month of May with Press Corporation Limited being the highest share price gain last week, registering a 16.66% increase, translating to K200. A weekly report by Alliance Stockbrockers Limited has also shown a share price drop in NBM, decreasing by -1.35%.

The report reads, “The market continues to exhibit bullish sentiments as MASI has gained 517.97 points and closed at 29 246.08points. DSI gained by 2.14% due to price gains in PCL (MK200.00) and MPICO (MK1.50)”.

Overall, the month of May saw a share price increase in TNM, consecutively for 3 weeks since the first week of May, as NICO increased in the first two weeks, while Mpico took over the last two weeks. The report shows that FSI continues to remain constant at 4 521.94 points due to constant share prices in OMU and FMBCH. The market traded a total of 39 717 395 shares with a total turnover of MK 1.7 billion as compared to MK 4 633 858 860.00.