Updated on: 05/07/22 17:00pm
Market Status: Closed
Main Board
AIRTEL 50.00  (1.31)
BHL 11.01  (0.00)
FDHB 14.00  (0.00)
FMBCH 126.93  (0.00)
ICON 12.00  (0.00)
ILLOVO 305.53  (0.00)
MPICO 20.70  (0.00)
NBM 1,000.26  (0.00)
NBS 22.76  (0.01)
NICO 46.75  (0.00)
NITL 110.03  (0.00)
OMU 1,600.00  (0.00)
PCL 1,900.00  (0.00)
STANDARD 1,600.03  (0.00)
SUNBIRD 80.01  (0.00)
TNM 13.99  (0.00)
Debt Securities Market
DB820 72.33  (0.00)
N0914 89.09  (0.00)
NFB02 100.00  (0.00)
T012 81.04  (0.00)
T02AD 89.36  (0.00)
T02XN 89.10  (0.00)
T03TX 82.36  (0.00)
T05NT 84.39  (0.00)
T0731 72.14  (0.00)
T103 77.42  (0.00)
T10NX 68.46  (0.00)
T10YR 71.70  (0.00)
T3YRX 82.37  (0.00)
TN001 84.26  (0.00)
TN002 83.62  (0.00)
TN02 89.30  (0.00)
TN023 87.55  (0.00)
TN02Z 89.29  (0.00)
TN03 83.36  (0.00)
TN03N 82.38  (0.00)
TN05 86.27  (0.00)
TN05Y 77.31  (0.00)
TN07 76.33  (0.00)
TN100 95.73  (0.00)
TN102 87.98  (0.00)
TN2 82.98  (0.00)
TN3 77.04  (0.00)
TN5 70.65  (0.00)
TN50 77.14  (0.00)
TN7AF 73.83  (0.00)
TN7YR 76.77  (0.00)
TN888 73.06  (0.00)
TN90 88.42  (0.00)
TN92 100.00  (0.00)
TN96 100.00  (0.00)
TNX02 89.29  (0.00)
TNX07 76.06  (0.00)
TNX10 70.64  (0.00)
TNX7 74.39  (0.00)
TNY07 75.34  (0.00)
TT05 76.91  (0.00)
TX07Y 74.60  (0.00)
TX10Z 70.62  (0.00)

Background

The Malawi Stock Exchange (MSE), has been in existence since 1994 but started equity trading in November 1996 when it first listed National Insurance Company Limited (NICO). Prior to the listing of the first company, the major activities that were being undertaken were the provision of a facility for secondary market trading in Government of Malawi securities namely; Treasury Notes and Local Registered Stock. The Stock Exchange is licensed under the Financial Services Act 2010 and operates under the Securities Act 2010 and the Companies Act 2013. 

The important functions of the MSE are:

  • Providing a link between financial raisers and financial suppliers (investors)
  • Providing market place for buyers and sellers of listed securities
  • Supervising trading activities
  • Supervising the conduct of member firms
  • Providing information services such as market trading information
  • Providing announcements made by listed companies

The MSE has three platforms namely, the Main Board, Alternative Capital Market and Debt Market. The Main Board is meant to cater for larger and well established companies; while The Alternative Capital Market was established to provide opportunity for the Small and Medium sized Enterprises (SME) who would like to raise capital at a lower cost by accessing public funds. The Debt Market caters for issuers that would want to raise debt capital as opposed to share capital. 


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