MSE raises $15 864
But there was no share price gain in the counters flattening the Malawi All Share Index (Masi), the overall measure of market performance, which remained steady at 5 437.39 points.
This was a result of non-movement in the 13-counter domestic share index and the foreign share index, anchored by Old Mutual plc (OML).
During the week ended February 24 2012, six counters; Illovo Sugar (Malawi), Mpico Limited, NBS Bank, Nico Holdings Limited, TNM p/c and OML registered trading activity with 232 877 shares changing hands.
Of all the counters, NBS, whose share price remains stuck at K10, traded 179 665 shares, representing 77 percent of the shares, trailed by Nico Holdings at 35 200 shares at K12 per share. Illovo registered the least transactions at 2 062 shares an equivalent of 0.88 percent of the traded shares.
The local equity market has 14 counters with 23 billion shares on issue.
In terms of Treasury Bills (TBs) which resumed last week, maturities for the week ended February 24 2012 amounted to K2.3 billion (about $15 million), according to the Reserve Bank of Malawi (RBM) figures.
Maturities for the week ending March 2 2012 stand at K6.1 billion (about $36.5 million), said the RBM.
