Malawi Stock Exchange thinks positive | The Times Group: "Malawi Stock Exchange thinks positive
Posted By: William Kumwembeon: August 10, 2017In: BusinessNo Comments
Expectations are high that the Malawi Stock Exchange (MSE) will continue on a bullish run on the basis of the recent downward revision of the policy rate by the Reserve Bank of Malawi (RBM) coupled with improved performance of the most listed companies during the first six months, according to market experts.
Commentators are of the view that the recent policy rate cut from 22 percent to 18 percent has resulted in shifting of investor attention from the money market to the stock market.
Further, with most listed companies reporting positive strides in the first half of the year, they say, it may entice most investors into the capital market, thereby increasing demand."
'via Blog this'
Posted By: William Kumwembeon: August 10, 2017In: BusinessNo Comments
Expectations are high that the Malawi Stock Exchange (MSE) will continue on a bullish run on the basis of the recent downward revision of the policy rate by the Reserve Bank of Malawi (RBM) coupled with improved performance of the most listed companies during the first six months, according to market experts.
Commentators are of the view that the recent policy rate cut from 22 percent to 18 percent has resulted in shifting of investor attention from the money market to the stock market.
Further, with most listed companies reporting positive strides in the first half of the year, they say, it may entice most investors into the capital market, thereby increasing demand."
'via Blog this'
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