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Tuesday, June 4, 2019

Stock market bullish in elections results week | The Times Group

Stock market bullish in elections results week | The Times Group: The Malawi Stock Exchange (MSE) was bullish last week as Malawians waited for and digested the results of the May 21 Tripartite Elections.

The elections saw a tight race between Democratic Progressive Party (DPP) President Peter Mutharika and Malawi Congress Party (MCP) president Lazarus Chakwera, which saw Mutharika being declared the winner.

During the week, the indicative Malawi All Share Index (Masi) gained 517.97 points, and closed at 29 246.08 points thanks to price gains in two counters.

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