Jun 23, 2018 Last Updated 2:14 PM, Jun 22, 2018


JFile: :read: Unable to open file:

Automated System To Ease Hurdles On Local Bourse

Automated System To Ease Hurdles On Local Bourse Image sourced at manaonline.gov.mw
Published in Business News
Read 85161 times
Rate this item
(2 votes)

Trade on the local Stock Market is expected to become easier and less time consuming as the Malawi Stock Exchange (MSE) is automating its system next year.

Traditionally, trade at the market is done physically, with MSE managers and Stock Brokers’ engagement.

In most cases, stock brokers have to travel to the MSE offices where the daily trade is done to see if shareholders of listed companies are offering any of their stock for trade.

Speaking to Capital FM, Chief Operations Manager of the MSE, Esnat Chilije disclosed that  they want to make the process of trading on the bourse more effective and efficient.

Chilije adds that the automation is likely to improve liquidity on the exchange.

The Operations Manager added that the MSE is currently devising ways to entice more people to buy shares form companies listed on the local stock market as it can help them attain financial stability.

“Every person has the capacity to buy shares from MSE despite living id different financial levels,” Chilije said.

There are over ten companies listed on the local bourse, these include First Merchant Bank, Telekom Networks Malawi, Standard Bank and Illovo Sugar Company.

The Malawi Stock Exchange has been in existence since 1994 but started equity trading in November 1996 when it first listed National Insurance Company Limited (NICO).

Prior to the listing of the first company, the major activities that were being undertaken were the provision of a facility for secondary market trading in Government of Malawi securities namely; Treasury Notes and Local Registered Stock. 

Last modified on Tuesday, 19 December 2017 10:14


  • Comment Link men best sex toy men best sex toy Friday, 01 June 2018 05:06

    "Sweet blog! I found it while browsing on Yahoo News. Do you have any tips on how to get listed in Yahoo News? I’ve been trying for a while but I never seem to get there! Thank you"

  • Comment Link Hemorrhoids Cure Hemorrhoids Cure Wednesday, 30 May 2018 20:56

    A round of applause for your article.Much thanks again. Awesome.

  • Comment Link multi speed bullet vibrator multi speed bullet vibrator Wednesday, 30 May 2018 16:25

    Thank you ever so for you article post.Really thank you! Want more.

  • Comment Link CoreyGogue CoreyGogue Wednesday, 30 May 2018 14:59

    what works the best viagra cialis or levitrabuy cialis brandfarmacia genericos comprar cialis generico online tadalafil precioeffet de cialis 5mgcan women take viagra of cialiscaverject and cialiscialis and alpha agonistscialis generika wo kaufen forumcialis generic 30 tabletscialis effec
    link for you cialis price
    cialis in sconto cialis generico online
    cialis coupon online cialis
    buy cialis online legal http://cialisb.com/#generic-cialis
    cialis marketing strategycialis once a day forumcan i take viagra and cialis at same timesex stories cialishoe gebruik je cialiscialis e hivcialis price in bangaloreeffective cialis softcialis 20 mg for saleprecios cialis viagra

  • Comment Link butt plugs butt plugs Wednesday, 30 May 2018 08:22

    This is one awesome blog.Much thanks again. Awesome.

Leave a comment

Make sure you enter the (*) required information where indicated.Basic HTML code is allowed.

Capital Tweets

Any data to display

Find Us on Facebook