14 June 2016

Today at the Market

The market recorded trades on two counters today namely NBS; 507,000 shares, and NICO; 260,000 shares.

 

NICO Share price moved downward by 13.64% from MK22.00 to MK19.00.

 

Announcements

  1. BHL has published its half year results for the six months period ended 31 March 2016 showing a profit before tax of MK286.4 Million compared to MK157.4 million of the previous corresponding period. The board of director has also resolved to pay an interim dividend of MK64.6 Million representing 50 tambala per share.

  1. NITL has published a trading statement advising its shareholders that the forecast profit after tax for the six months period ending 30th June, 2016 is expected to be 150% below that of the previous corresponding period..

  1. Standard bank has published a trading statement advising its shareholders that the forecast profit after tax for the six months period ending 30th June, 2016 will likely be 25% above that of the previous corresponding period.

  1. NBS has published a trading statement advising its shareholders that the forecast profit after tax for the six months period ending 30th June, 2016 is expected to be 20% below that of the previous corresponding period.

  1. FMB has published a trading statement advising its shareholders that the forecast profit after tax for the six months period ending 30 June 2016 is expected to be 30% below the previous corresponding period.

  1. NICO has published its financial results for 2015 showing profit before tax of MK7.3 billion representing 29% decrease compared to previous year. They have also declared a final dividend of MK0.60 per ordinary share payable on a date yet to be announced

  1. MPICO has published its financial results for 2015 showing profit for the year of MK0.8 billion representing 47% decrease compared to last year’s profit. They have not proposed any dividend.

 

  1. Dividends

COMPANY

DECLARED/PROPOSED

INTERIM/FINAL

DIVIDEND

LAST DAY TO REGISTER

PAYABLE

BHL

Declared

Interim

50t

8 July 2016

15 July 2016

PCL

Declared

Final

850t

29 July 2016

26 August 2016

SUNBIRD

Declared

Final

28t

TBA

TBA

NICO

Declared

Final

60t

TBA

TBA

Counter

Current Price(t)

Change(t)

%Change

Volume

P/E

Div. Yield

Earnings Yield %

BHL (XD)

1290

-

-

-

9.12

6.20

10.97

FMB 

10.60

-

-

-

6.05

7.00

16.53

ILLOVO

17000

-

-

-

22.01

0.00

4.54

MPICO

600

-

-

-

3.13

0.67

31.90

NBM

25800

-

-

-

9.01

3.90

11.10

NBS

700

-

-

507,000

-

-

-

NICO 

2200

-

-

260,000

3.13

3.86

31.97

NITL

4495

-

-

-

11.07

3.11

9.03

PCL (CD)

53500

-

-

-

5.25

2.34

19.03

STANDARD

44000

-

-

-

7.73

3.40

12.93

SUNBIRD(CD)

3201

-

-

-

8.19

0.87

12.21

TNM

600

-

-

-

11.13

5.00

8.99

OML

140200

-

-

-

7.33

6.19

13.64

Note:

       CA means security is trading under cautionary

       XD means security is trading without dividend

       H Trading of the Security has been halted till further notice

      TS Security has issued a trading statement

       USD/MWK = 715.5156

Market Indices

14.07.2016

13.07.2016

Daily Change

31.12.2015

Year To Date

MASI

12,856.47

12,929.7955

-73.31

14,562.53

-1,706.06

DSI

  10,105.84

10,164.15

-58.32

11,462.87

-1,357.03

FSI

1,762.13

1,762.13

-

1,762.13

-