The market registered a positive return on index of 1.22% (1.22% in US$ terms) in Q1 2022 higher than the corresponding period 2021 of 0.53% (-1.25% in US$ terms). It also, registered an increase in both total volume of shares and total value traded.
There was neither any listing nor a trade on the debt market during Q1 2022.
The market transacted a total of 112,057,459 shares at a total consideration of MK4,422,039,628.86 (US$5,416,509.73) in 848 trades. In the corresponding period 2021, the market transacted a total of 32,218,071 shares at a total consideration of MK1,190,280,480.03 (US$1,523,432.37) in 587 trades. This reflects a 247.81% increase in terms of share volume and a 271.51% (255.55% in US Dollar terms) increase in share value. Of the shares traded, 29,231,138 ICON and 6,000,000 TNM shares traded as negotiated deals.
Daily average share trades exhibited similar trends where the market registered an average daily volume of 1,778,690 shares in Q1 2022 compared to 511,398 shares traded in the corresponding Q1 2021 reflecting a decrease of 247.81%.
The average daily turnover for Q1 2022 was MK70,191,105.22 (US$85,976.34) compared with MK18,893,340.95 (US$24,181.47) for the corresponding Q1 2021, reflecting a decrease of 271.51% (255.55% in US Dollar terms).