TNM - Telekom Networks Malawi Limited
Telekom Networks Malawi (TNM) is the pioneer mobile network in Malawi. The company was established in 1995 as a joint venture between Telekom Malaysia Berhad and the then government owned Malawi Postal and Telecommunications Corporations (MPTC) and later on MTL following the splitting of the MPTC into two entities of postal (MPC) and telecommunications (MTL). In April 2007 Telekom Malaysia sold its 60% majority stake in TNM to MTL Mobile an investment vehicle that was spearheaded by Press Corporation Limited.
|Last Trading Results|
|Day’s Low Price||20.70|
|Day’s High Price||20.70|
|Number of Deals|
|Growth & Valuation|
|Earnings Per Share||0.7696|
|Dividend Per Share||0.40|
TNM Stock Market Performance
The current share price of Telekom Networks Malawi Limited (TNM) is MWK 20.70. TNM closed its last trading day (Friday, September 24, 2021) at 20.70 MWK per share on the Malawi Stock Exchange (MSE), recording a 2.8% gain over its previous closing price of 20.14 MWK. Telekom Networks began the year with a share price of 20.07 MWK and has since gained 3.14% on that price valuation, ranking it 10th on the MSE in terms of year-to-date performance. Shareholders can be optimistic about TNM knowing the stock has accrued 34% over the past four-week period alone—second best on MSE.
Telekom Networks Malawi is the #1 most traded stock on the Malawi Stock Exchange over the past three months (Jun 29 - Sep 24, 2021). TNM has traded a total volume of 65.2 million shares valued at MWK 1.16 billion over the period, with an average of 1.04 million traded shares per session. A volume high of 10.6 million was achieved on September 22nd for the same period. The table below details the last 10 trading days of activity of Telekom Networks Malawi on the Malawi Stock Exchange.
Profile of Telekom Networks Malawi Limited
Telekom Networks Malawi Limited operates in the Telecommunications sector.
|Factsheet of Telekom Networks Malawi Limited|
Fifth Floor, Livingstone Towers, Glyn Jones Road, Blantyre, Malawi
TNM Industrial Market Competitors
Telekom Networks Malawi Limited, issuers of the TNM stock on the Malawi Stock Exchange, have one market competitor who is also engaged in the Telecommunications sector. The table below presents an overview of their market standing.