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.
Telekom Networks Malawi Limited is listed on the Malawi Stock Exchange (MSE). Telekom Networks is traded on the MSE under the ticker symbol “TNM”. The International Securities Identification Number (ISIN) of MSE:TNM is MWTNM0010126. Telekom Networks Malawi Limited is currently the seventh most valuable stock on the MSE with a market capitalization of MWK 136 billion, which is about 4.2% of the Malawi Stock Exchange equity market.
|Last Trading Results|
|Day’s Low Price||13.50|
|Day’s High Price||13.50|
|Number of Deals|
|Growth & Valuation|
|Earnings Per Share||0.9650|
|Dividend Per Share||0.43|
TNM Stock Market Performance
The current share price of Telekom Networks Malawi Limited (TNM) is MWK 13.50. TNM closed its last trading day (Tuesday, November 29, 2022) at 13.50 MWK per share on the Malawi Stock Exchange (MSE), recording a 12.2% gain over its previous closing price of 12.03 MWK. Telekom Networks began the year with a share price of 22.92 MWK but has since lost 41.1% off that price valuation, ranking it 15th on the MSE in terms of year-to-date performance. Shareholders’ fears may be allayed by the 12% increase of TNM share price since November 1st, which is second best on MSE.
Telekom Networks Malawi is the #1 most traded stock on the Malawi Stock Exchange over the past three months (Sep 1 - Nov 29, 2022). TNM has traded a total volume of 249 million shares valued at MWK 3.31 billion over the period, with an average of 3.95 million traded shares per session. A volume high of 216 million was achieved on November 29th 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.