The second week of May (10/5/2019- 17/5/2019) has seen various strides on Malawi Stock Exchange Market.

MASI gained 1.19% in the week under review and closed at 28 114.09 points with a market capitalization of MK

1.3 billion. DSI gained by 1.42%. The report by Alliance Stock Brokers has shown that National Bank of Malawi (NBM) gained stock price by 6.24%, NICO by 3.23% and TNM by 1.56%.

The report reads “ The FSI remains constant at 4 521.94 points due to constant share prices in OMU and FMBCH. The market traded a total of 4 818 225 shares with a total turnover of MK 346 267 129.00”

Overall, it was a pleasant week for the stock market as PCL (39.85%) and NICO (37%) were the value leaders while while NICO (54%) and TNM (34%) were the volume leaders.