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{{Short description|Stock exchange in Blantyre, Malawi}}
{{Infobox Exchange
{{Infobox Exchange
|name = Malawi Stock Exchange
|name = Malawi Stock Exchange
|logo = [[Image:MALAWI STOCK EXCHANGE LOGO.jpg|160px|MSE Logo]]
|logo = MalawiStockExchangeLogo.png
|logo_size =
|image =
|image =
|type = [[Stock Exchange]]
|type = [[Stock Exchange]]
|city = Blantyre, Malawi
|city = [[Blantyre]]
|country =
|country = [[Malawi]]
|coor =
|coor =
|founded = November 11, 1996
|founded = November 11, 1996
|owner =
|owner =
|key_people = '''Krishna Savjani'''<br/>[[Chairman]]<br/> '''Wilson T. Banda'''<br/>Director
|key_people = Chairman<br/>James Khomba<br/>Director<br/>Wilson Banda
|currency =
|currency = [[Malawian Kwacha|Kwacha]] (K)
|listings = 16<ref name=mmrjul19>{{cite web |title=Daily Stock News 10 June 2022 |url=https://mse.co.mw/market/reports/3618 |website=Malawi Stock Exchange |accessdate=13 June 2022}}</ref>
|listings =
|mcap = [[United States dollar|US$]]3.26 billion <small>(December, 2022)</small><ref name=mmrjul19/>
|mcap =
|volume =
|volume =
|indexes = Malawi All Share Index<br/>Malawi Domestic Share Index<br/>Malawi Foreign Share Index
|indexes =
|homepage = [http://www.mse.co.mw/ Homepage]
|homepage = {{URL|https://mse.co.mw/}}
|footnotes =
|footnotes =
}}
}}
⚫
'''The Malawi Stock Exchange''' (the '''MSE''') is a fully fledged [[stock market]], with a single licensed broker. It 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 2300 [[Malawi]]an citizens buying shares in the first company to be listed – Malawi's largest insurance firm, the National Insurance Company.


'''The Malawi Stock Exchange''' ('''MSE''') is a Malawian [[stock market]] based in [[Blantyre]], [[Malawi]].
⚫
[[International Finance Corporation]], a [[World Bank]] affiliate, and the '''Financierings Maatschappij Ontwikkelingslanden''', a [[Netherlands|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, Malawi|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]].


== Overview ==
⚫
The '''MSE''' has a modest market listing. More stringent listing rules are currently being prepared. Membership of the Exchange is corporate and individual.
⚫
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 [[Malawi]]an 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 [[Netherlands|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, Malawi|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==
==Market listing==
''{{asof|October 2010}}''<ref>[http://www.mse.co.mw/listed.html Listed Companies On Malawi Stock Exchange]</ref>
''{{asof|2024|december}}''<ref name=kwayisi>{{cite web|url=https://afx.kwayisi.org/msemw/|title=Malawi Stock Exchange (NSE) Live|website=afx.kwayisi.org|access-date=2019-03-12}}</ref>


{| class="wikitable"
{| class="wikitable"
Line 33: Line 39:
! Company
! Company
! Notes
! Notes
!Market Capitalisation ([[Malawian kwacha|MK]])
|-
|-

|1.
|1
⚫
|'''AIRTEL'''
|Airtel Malawi plc
|Telecommunication
|1,066,780,000,000
⚫
|-
⚫
|2
| '''BHL'''
| '''BHL'''
|[[Blantyre Hotels Limited]]
|Blantyre Hotels plc
|''[[Lodging]], [[Resorts]]''
|''[[Lodging]], [[Resorts]]''
|12,218,372,758
|-
|-
|2.
|3
| '''FMB'''
|'''FDHB'''
|[[First Merchant Bank]]
|FDH Bank plc
⚫
|Banking, Finance
|1,023,767,985,938
⚫
|-
⚫
|4
⚫
| '''FMBCH'''
|[[FMBCapital Holdings Plc|FMB Capital Holdings]] plc
|''[[Banking]], [[Finance]]''
|''[[Banking]], [[Finance]]''
|1,364,328,750,000
|-
|5
| '''ICON'''
|Icon Properties plc
⚫
|''[[Real Estate]]''
|120,574,000,000
|-
|-
|3.
|6
| '''ILLOVO'''
| '''ILLOVO'''
|[[Illovo|Illovo Sugar Malawi]]
|[[Illovo Sugar|Illovo Sugar Malawi]] plc
|''[[Sugar]]''
|''[[Sugar]]''
|966,781,359,800
|-
|-
|4.
|7
|'''MPICO'''
|'''MPICO'''
|[[Malawi Properties Investment Company Limited]]
|Malawi Properties Investment Company plc
|''[[Real Estate]]''
|''[[Real Estate]]''
|42,582,819,434
|-
|-
|5.
|8
|'''NBM'''
|'''NBM'''
|[[National Bank of Malawi]]
|[[National Bank of Malawi]] plc
|''[[Banking]], [[Finance]]''
|''[[Banking]], [[Finance]]''
|1,616,555,031,495
|-
|-
|6.
|9
|'''NBS'''
|'''NBS'''
|[[NBS Bank]]
|[[NBS Bank]] plc
|''[[Banking]], [[Finance]]''
|''[[Banking]], [[Finance]]''
|442,378,044,378
|-
|-
|7.
|10
|'''NICO'''
|'''NICO'''
|[[NICO Holdings Limited]]
|[[NICO Holdings|NICO Holdings Plc]]
|''[[Finance]], [[Mortgages]], [[Insurance]]''
|''[[Finance]], [[Mortgages]], [[Insurance]]''
|421,524,198,126
|-
|-
|8.
|11
| '''NITL'''
| '''NITL'''
|[[National Investment Trust Limited]]
|National Investment Trust plc
|''[[Investments]]''
|''[[Investments]]''
|59,400,000,000
|-
|-
|9.
|12
| '''OMU'''
⚫
| [[Old Mutual|Old Mutual Limited]]
| ''[[Banking]], [[Finance]]''
|26,973,452,875
|-
|13
|'''PCL'''
|'''PCL'''
|[[Press Corporation Limited]]
|[[Press Corporation Limited|Press Corporation plc]]
|''[[Food|Food Distribution]], [[Aquaculture]], [[Real Estate]], [[Beverages]]
|''[[Food|Food Distribution]], [[Aquaculture]], [[Real Estate]], [[Beverages]], [[Tourism]], [[Telecommunication]]''
|300,613,093,720
|-
|-
|10.
|14
|'''PIM'''
| '''STANDARD'''
|[[Packaging Industries Malawi Limited]]
| [[Standard Bank Malawi]] plc
|''[[Paper|Paper Packaging Products]]''
⚫
|-
|11.
| '''StandardBank'''
| [[Standard Bank|Standard Bank Malawi Limited]]
| ''[[Banking]], [[Finance]]''
| ''[[Banking]], [[Finance]]''
|1,408,046,518,906
|-
|-
|12.
|15
| '''SUNB'''
| '''SUNBIRD'''
| [[Sunbird Tourism Limited]]
| Sunbird Tourism plc
| ''[[Tourism]], [[Hotels]], [[Resorts]], [[Real Estate]]''
| ''[[Tourism]], [[Hotels]], [[Resorts]], [[Real Estate]]''
|62,798,129,981
|-
|-
|13.
|16
⚫
| '''OML'''
⚫
| [[Old Mutual|Old Mutual Plc.]]
⚫
| ''[[Banking]], [[Finance]]''
⚫
|-
|14.
⚫
|'''REAL'''
| [[Real Insurance Company]]
⚫
| ''[[Insurance]]''
⚫
|-
|15.
|'''TNM'''
|'''TNM'''
|[[TeleKom Networks Malawi]]
|[[Telekom Networks Malawi]] plc
| ''[[Mobile telephony|Mobile Telephony]]''
| ''[[Mobile telephony|Mobile 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


==See also==
==See also==
Line 122: Line 159:
{{reflist}}
{{reflist}}


[[Category:1995 establishments in Malawi]]
[[Category:Companies listed on Malawi Stock Exchange]]
[[Category:Stock exchanges in Africa]]
[[Category:Stock exchanges in Africa]]
[[Category:Economy of Malawi]]
[[Category:Economy of Malawi]]
[[Category:Companies of Malawi]]
[[Category:Companies of Malawi]]
[[Category:Blantyre]]
[[Category:Blantyre]]

[[sw:Soko la Hisa la Malawi]]
[[pl:Giełda Papierów Wartościowych w Malawi]]
[[ru:Малавийская фондовая биржа]]

Latest revision as of 00:27, 18 December 2024

Malawi Stock Exchange
TypeStock Exchange
LocationBlantyre, Malawi
FoundedNovember 11, 1996
Key peopleChairman
James Khomba
Director
Wilson Banda
CurrencyKwacha (K)
No. of listings16[1]
Market capUS$3.26 billion (December, 2022)[1]
IndicesMalawi All Share Index
Malawi Domestic Share Index
Malawi Foreign Share Index
Websitemse.co.mw

The Malawi Stock Exchange (MSE) is a Malawian stock market 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 December 2024[2]

Number Symbol Company Notes Market Capitalisation (MK)
1 AIRTEL Airtel Malawi plc Telecommunication 1,066,780,000,000
2 BHL Blantyre Hotels plc Lodging, Resorts 12,218,372,758
3 FDHB FDH Bank plc Banking, Finance 1,023,767,985,938
4 FMBCH FMB Capital Holdings plc Banking, Finance 1,364,328,750,000
5 ICON Icon Properties plc Real Estate 120,574,000,000
6 ILLOVO Illovo Sugar Malawi plc Sugar 966,781,359,800
7 MPICO Malawi Properties Investment Company plc Real Estate 42,582,819,434
8 NBM National Bank of Malawi plc Banking, Finance 1,616,555,031,495
9 NBS NBS Bank plc Banking, Finance 442,378,044,378
10 NICO NICO Holdings Plc Finance, Mortgages, Insurance 421,524,198,126
11 NITL National Investment Trust plc Investments 59,400,000,000
12 OMU Old Mutual Limited Banking, Finance 26,973,452,875
13 PCL Press Corporation plc Food Distribution, Aquaculture, Real Estate, Beverages, Tourism, Telecommunication 300,613,093,720
14 STANDARD Standard Bank Malawi plc Banking, Finance 1,408,046,518,906
15 SUNBIRD Sunbird Tourism plc Tourism, Hotels, Resorts, Real Estate 62,798,129,981
16 TNM Telekom Networks Malawi plc Mobile Telephony 256,633,902,000

Trading times

[edit]

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

See also

[edit]
[edit]

References

[edit]
  1. ^ a b "Daily Stock News 10 June 2022". Malawi Stock Exchange. Retrieved 13 June 2022.
  2. ^ "Malawi Stock Exchange (NSE) Live". afx.kwayisi.org. Retrieved 2019-03-12.
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