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NBM shares gain 25 tambala, prop index
by: Our Reporter, 12/15/2004, 6:59:12 PM

 


National Bank of Malawi’s share price last week jumped from K9.75 to K10, pushing up the Domestic Share Index by 2.82 basis points.
The domestic index moved from 421.19 to 424.01 percentage points, a movement that slightly propped up the Malawi All Share Index from 583.33 points to 583.42 points.
The Foreign Share Index—represented by Old Mutual Limited (OML)—remained steady at 238.80 points.
Stanbic Bank (Malawi), Nico Holdings, Packaging Industries and OML also traded but did not record any price changes.
During the week, a total of 531,800 shares changed hands at a total consideration of K2.4 million in five trades, according to the Malawi Stock Exchange.
In the treasury bill primary market, interests on the 91 days bills decreased from 24.87 percent to 24.66 percent while the 182 day yields rose from 24.74 percent to 24.78 percent.
On the other hand, the 273 tenor slumped from 24.88 percent to 24.55 percent.
In the RBM primary market, the 63 days RBM bill increased from 24.82 percent to 24.88 percent and the 91 days yields jumped from 24.54 percent to 24.85 percent.

 
This story was printed from The Malawi Nation website, http://www.nationmalawi.com