Malawi Stock Exchange


The Malawi Stock Exchange is a Malawian stock market based in Blantyre, Malawi.
WWW mse.co.mw

Overview

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

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NumberSymbolCompanyNotesMarket Capitalisation
1AIRTELAirtel Malawi plcTelecommunication1,066,780,000,000
2BHLBlantyre Hotels plcLodging, Resorts12,218,372,758
3FDHBFDH Bank plcBanking, Finance1,023,767,985,938
4FMBCHFMB Capital Holdings plcBanking, Finance1,364,328,750,000
5ICONIcon Properties plcReal Estate120,574,000,000
6ILLOVOIllovo Sugar Malawi plcSugar966,781,359,800
7MPICOMalawi Properties Investment Company plcReal Estate42,582,819,434
8NBMNational Bank of Malawi plcBanking, Finance1,616,555,031,495
9NBSNBS Bank plcBanking, Finance442,378,044,378
10NICONICO Holdings PlcFinance, Mortgages, Insurance421,524,198,126
11NITLNational Investment Trust plcInvestments59,400,000,000
12OMUOld Mutual LimitedBanking, Finance26,973,452,875
13PCLPress Corporation plcFood Distribution, Aquaculture, Real Estate, Beverages, Tourism, Telecommunication300,613,093,720
14STANDARDStandard Bank Malawi plcBanking, Finance1,408,046,518,906
15SUNBIRDSunbird Tourism plcTourism, Hotels, Resorts, Real Estate62,798,129,981
16TNM'Telekom Networks Malawi plcMobile Telephony''256,633,902,000

Trading times

Trading takes place from Monday to Friday with the following times:
  • Pre-Open: 09:00 - 09:30
  • Open: 09:30 - 14:30
  • Close: 14:30 - 15:00
  • Post-Close: 15:00 - 17:00