Malawi Stock Exchange Monthly Market Performance Report - May 2023

The market transacted a total of 119,471,956 shares at a total consideration of MK11,316,451,770.53 (US$11,025,006.82) in 1,330 trades in the month of May 2023. In the previous month of April 2023, the market transacted a total of 19,494,634 shares at a total consideration of MK1,518,686,328.86 (US$1,479,573.94) in 657 trades. This reflects a 512.85% increase in terms of share volume traded and a 645.15% (645.15% in US Dollar terms) increase in share value traded. Of the shares traded 2,802,062 NICO shares traded as a negotiated deal at a total consideration of MK448.33 million.

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