Wikipedia

Malawi Stock Exchange

Malawi Stock Exchange
MSE Logo
Type Stock Exchange
Location Blantyre, Malawi
Founded November 11, 1996
Key people Krishna Savjani

Chairman

Wilson T. Banda

Director
Currency Kwacha (K)
No. of listings 14[1]
Market cap K1.31 billion (March 12, 2019)
Indices Malawi All Share Index

Malawi Domestic Share Index

Malawi Foreign Share Index
Website www.mse.co.mw

The Malawi Stock Exchange (the MSE) is a stock market, with a single licensed broker is based in Blantyre, Malawi.

Overview [ edit ]

The Malawi Stock Exchange was inaugurated in March 1995 and opened for business for the first time on 11 November 1996, under the aegis of the Reserve Bank of Malawi, with 2,300 Malawian citizens buying shares in the first company to be listed – Malawi's largest insurance firm, the National Insurance Company.

International Finance Corporation, a World Bank affiliate, and the Financierings Maatschappij Ontwikkelingslanden, a Dutch development bank with close ties to the Dutch Ministry for Development Co-operation, provided 40% of the $500,000 required for establishing the stock market in Blantyre, and the European Union sponsored seminars and publicity campaigns. The exchange operates in terms of the Capital Markets Development Act of 1990 and the Capital Market Development Regulations of 1992. It has a supervisory committee which comprises representatives of the central bank, the government and the private sector. It is a member of the African Stock Exchanges Association.

The MSE has a modest market listing. More stringent listing rules are currently being prepared. Membership of the Exchange is corporate and individual.

Market listing [ edit ]

As of March 2019 [1]

Number Symbol Company Notes
1. BHL Blantyre Hotels Limited Lodging, Resorts
2. FMBCH FMB Capital Holdings Plc Banking, Finance
3. ICON Icon Properties Plc Real Estate
4. ILLOVO Illovo Sugar Malawi Sugar
5. MPICO Malawi Properties Investment Company Limited Real Estate
6. NBM National Bank of Malawi Banking, Finance
7. NBS NBS Bank Banking, Finance
8. NICO NICO Holdings Limited Finance, Mortgages, Insurance
9. NITL National Investment Trust Limited Investments
10. OMU Old Mutual Limited Banking, Finance
11. PCL Press Corporation Limited Food Distribution, Aquaculture, Real Estate, Beverages
12. STANDARD Standard Bank Malawi Limited Banking, Finance
13. SUNBIRD Sunbird Tourism Limited Tourism, Hotels, Resorts, Real Estate
14. TNM Telekom Networks Malawi Mobile Telephony

See also [ edit ]

External links [ edit ]

References [ edit ]

  1. ^ a b "Malawi Stock Exchange (NSE) Live". afx.kwayisi.org. Retrieved 2019-03-12.
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