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Wednesday, August 10, 2016

Stock market to extend bullish run | The Times Group

Stock market to extend bullish run | The Times Group: "he stock market is expected to maintain its bullish momentum to the end of the year, according to an expert, Armstrong Kamphoni, who is Chief Executive Officer of Alliance Africa Malawi.

But Kamphoni said the situation may also tilt the other way if big companies listed on the Malawi Stock Exchange continue to post poor results.

“It depends on good results from companies. The market is expected to respond favourably to the trends, but some few big companies have been pulling down performance of the market. But, it is likely that the bullish run will extend to the foreseeable future if companies continue to post good results,” Kamphoni said."



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