TNM PUSHES UP MASI AT MSE

Date:

The Stock exchange’s Domestic Share Index has shot to 10006.83 points
curtsey of the TNM’s rising share price.

 

The weekly report said the Domestic Share Index moved up by 49.37
points from 9957.47 points to 10006.83 points as a result of share
price gain in TNM by MK0.26 from MK2.14 to MK2.40

 

The market recorded trading activity in 10 counters, namely, FMB,
MPICO, NBM, NBS, NITL, REAL, STANDARDBANK, SUNIRD, TNM and OML during
the week ending 28th March, 2014. A total of 10,256,486 shares were
transacted during the week at a total consideration of MK47,
680,633.00 (US$115,708.84) in 26 deals. .

 

The Malawi All Share Index therefore inched upwards by 62.05 points to
close the week at 12727.48 points.
The Foreign Share Index was steady at 1709.34 points.

Treasury Bills Primary Market
At the auction held on 25th March, 2014, the average yield on the 182
days T-Bills and the 364 days T-Bills increased by 0.02% from 13.20%
to 13.22% and by 0.18% from 17.81% to 17.99% respectively, while the
91 days T-Bills decreased by 1.28% from 12.99% to 11.71%.

 

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Robert Ngwira
Attended Our Future Private Secondary School in Rumphi from 2006-2009 Holder of Diploma in Journalism from Malawi Institute of Journalism (MIJ) Hobbies, reading newspapers, going out with friends, listening to radio and watching football. Email: info@faceofmalawi.com

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