National Investment Trust plc (Nitl), a Malawi Stock Exchange (MSE)-listed collective investment scheme, has benefited from the high interest rates environment that resulted in a massive surge in share value, profit and gross return.
For instance, market data and the company’s financial results for the first half show that Nitl’s share price jumped 672 percent from K440 to K3 400 while profit and gross return, respectively surged by 1 800 percent and 1 040 percent from K4 billion to K84 billion and from K10 billion to K115 billion.
The share value gain has also positively impacted on the company’s market capitalisation which has increased by 678 percent between January to June 2025 from K59 billion to K459 billion, according to MSE daily market reports.
The share value gain has also positively impacted on the company’s market capitalisation which has increased by 678 percent between January to June 2025 from K59 billion to K459 billion according to MSE daily market reports.
In an interview, capital markets analyst Benedict Nkhoma said the performance is as a result of a rise in share prices of the investment it holds in different listed counters like NBS Bank plc, FMB Capital Holdings plc, Standard Bank (Malawi) plc, Nico Holdings plc and National Bank of Malawi plc.
On his part, financial expert and stock market investor Brian Kampanje attributed the company’s impressive performance to its investment in high yielding instruments.
“The company should diversify its portfolio further by considering subscription to debt instruments in corporate bonds under private placements which are usually fully collateralised,” he said.
Earlier, Nitl board chairperson Esther Gondwe said the firm’s annual profit in 2024 jumped to K29.76 billion from K21.50 billion in 2023.
