In the third week of October, the weekly stock market report shows that NBS bank gained 3.30% share price, followed by TNM and a 0.002% increase in National Bank of Malawi (NBM).
The week in review, from the 14th to 18th of October also registered 7 counters remained inactive during the week. MASI closed at 29 740.17 representing a 0.08% increase from previously recorded figures from the week before.
“The market can still be characterized as a buyer’s market as market activity soaring in the week under despite closing with a total turnover of 1.5 billion.” says the weekly report by Alliance Stockbrokers Limited, which also adds that there was 0.09% increase in the DSI, while there was no activity in the FSI during the week.