FDH Bank is now the third most valued company on Malawi Stock Exchange after hitting K1 trillion in market capitalisation.
The development is as a result of the rise in the counter’s share price from K138.22 per share last week to K143.70 per share yesterday.
National Bank holds the top spot at a value of K1.4 trillion, seconded by Standard Bank at K1 trillion.
An increase in share price means that shareholders of the counter have registered capital gains.
