Business and Finance

Malawi Stock Exchange bullish in 2025 Q1

Malawi Stock Exchange bullish in 2025 Q1

The Malawi Stock Exchange (MSE) registered exceptional performance in the first quarter of 2025, recording a 69.52 percent return on index, the highest quarterly growth in recent years.

The MSE’s impressive growth represents a significant milestone, particularly when compared to the modest 2.96 percent return on index registered in the first quarter of 2024.

According to the MSE First Quarter Market Report, in the first three months of the year, the market transacted a total of 103.34 million shares at a total consideration of K39.51 billion in 8,903 trades.

“This reflects a 91.6 percent increase in terms of share volume and a 343.34 percent increase

in share value compared to the corresponding period in 2024,” the report indicates.

The performance was largely driven by significant price gains in several counters, with FMB Capital Holdings plc leading, with a 149.46 percent increase, followed by FDH Bank plc at 112.64 percent and NBS Bank plc at 99.9 percent.

Other notable performers included Nico plc (85.40 percent), National Bank of Malawi plc (79.08 percent), NITL plc (44.31 percent), Airtel plc (42.49 percent) and Illovo plc (32.22 percent).

The price gains registered on these counters were enough to offset share price losses on Icon plc (-0.55 percent) and TNM plc (-0.24 percent) resulting in an upward movement of the Masi.

Financial market analyst Bond Mtembezeka said the market generated strong interest from the wider investing community based on previous year’s performance.

Another market analyst, Brian Kampanje, attributed the positive outturn to enhanced capital market financial literacy initiatives.