The Malawi Stock Exchange (MSE) recorded mixed performance last week, with some counters showing signs of resilience amid pressure faced by others.
The latest MSE weekly summary report published on Friday shows that FDH Bank plc emerged as the most active counter in the week, commanding trading volumes worth K1.22 billion for 2.33 million shares traded.
The banking stock closed at K527.40, marking a significant recovery from its weekly low of K470.21 to reach a high of K527.41.
NBM plc recorded trades valued at K172.4 million, with its share price seen at K6,500.
Airtel Malawi recorded a market capitalisation of K1.485 trillion, though trading activity totaled K609.3 million across 64 transactions.
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Share price for the telecommunications company closed at K135.00, having traded within a relatively narrow range of K127.39 to K135.01.
TNM plc K91.2 million worth of transactions with its share price closing the week at K39.50
Illovo Sugar plc recorded trades worth K140.9 million, maintaining its premium valuation and reflecting positive sentiment towards the agribusiness sector.
Nico Holdings showed remarkable activity with trades valued at K293.3 million, though the stock experienced significant volatility, trading between K865.00 and K994.75 before closing at K994.75.
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Stockbrokers Malawi Limited Equity Market Analyst Kondwani Makwakwa said all in all the market performance is strong and attracting more public interest, increasing demand and pushing prices higher.
“The outlook for the second half of the year remains positive, as company performance is likely to remain strong.
“However, it is important to note that 2025 is an election year, which introduces some uncertainty and potential risk to the market,” Makwakwa said.
MSE Chief Operating Officer Kelline Kondowe said the market operator is optimistic that the market will continue to deliver good returns to investors.
“In terms of regulatory and strategic developments, we will continue to invest in key infrastructure that enables us to ensure efficient operations of the market, as well as improving accessibility of the market to the public.
“As you are aware, we are still in the process of implementing a mobile trading platform which we believe is a game changer in terms of financial inclusion,” Kondowe said.
