Malawi | MSE

Malawi Stock Exchange Listed Banks FY24 Results Overview.

In the year 2023, the market transacted a total of 612,184,956 shares at a total consideration of MK77,207,908,713.89 (US$66,848,878.62) in 10,736 trades. In the corresponding period 2022, the market transacted a total of 1,402,901,021 shares at a total consideration of MK51,719,845,760.25 (US$54,088,354.47) in 4,271 trades. 

The market registered a positive month-on-month return on index of 3.53%(3.53% in US$ terms), 81.34% (76.69% in US$ terms)YTD . The market however, registered a decrease in both total traded value and volume of shares. There were no trades on the Debt Securities Board.

The market was bullish in Q2 2023 as it registered a positive return on index of 35.32%(31.85% in US$ terms), compared to 8.00%(-14.10% in US$ terms) in Q2 2022. The market also registered an increase in both total traded value and volume of shares. There were no trades on the debt securities market.

In the year 2022, the market transacted a total of 1,402,901,021 shares at a total consideration of MK51,719,845,760.25 (US$43,751,349.63) in 4,271 trades. In the corresponding period 2021, the market transacted a total of 1,301,122,424 shares at a total consideration of MK37,690,252,891.52 (US$43,751,349.63) in 3,304 trades. This reflects a 7.82% increase in share volume traded and a 37.22% (23.63% in US Dollar terms) increase in share value traded. Of the shares traded, 1,300,000 FMBCH, 39,231,138 ICON, 5,750,000 ILLOVO, 78,469,009 NBS and 23,828,130 TNM traded as negotiated deals at a total consideration of MK4,923,335,590.00.

In Q3 of 2022, the market registered a positive return on index of 9.67%(9.67% in US$ terms), 19.89% YTD, compared to 18.23%(16.79% in US$ terms) in Q3 2021. The market also registered an increase in both total value of shares and total volume of shares traded.