Stock market buoyant | The Times Group

Stock market buoyant | The Times Group:



Stock market buoyant

Posted By: Grace Thipa on: April 09, 2018 In: Business No Comments

The stock market was buoyant in the first quarter of 2018, registering a positive return on index of

17.08 percent and an increase in both total traded value and volume.

Turnover inched to K 10.1 billion, compared to K727.6 million realised during the same period in

2017, representing 758.93 percent increase in share volume and 1294.67 percent in share value.

An update from the Malawi Stock Exchange (MSE) shows daily average share trades exhibited

similar trends with the share market registering an average daily volume of 5, 183,555 shares

compared to 603,487 shares traded in the corresponding first quarter of 2017.

The month of February registered the highest value traded of K7.7 billion and volume traded of

245,801 ,275.

Of the shares traded, 131.8 million NBS shares were traded as a Special Bargain.





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