Best-performing stocks in Malawi (MSE) in 2026 so far

16 of 16 Malawi stocks have a measured year-to-date return. Sunbird Tourism Plc leads, up 247.8% since the start of the year.

  • Prices at 23 Oct 2026 close
  • Year to date
  • Fresh closes only
Best performing stocks: 16 qualifying companies
#CompanyPrice (MWK)YTD returnYear to date1-year changeMarket cap (MWK)
1Sunbird Tourism PlcSUNBIRD.MW3,399.98247.82%+579.9%889.37B
2Illovo Sugar Malawi PlcILLOVO.MW3,501.9350.29%+72.5%2.50T
3Blantyre Hotels PlcBHL.MW17.5216.41%+16.6%102.98B
4ICON Properties PlcICON.MW17.006.25%-5.3%113.56B
5MPICO - Malawi Property Investment Company PlcMPICO.MW19.610.51%+0.3%45.06B
6Old Mutual LimitedOMU.MW3,699.99-2.38%+48.0%113.29B
7Standard Bank Malawi PlcSTANDARD.MW3,889.82-8.44%-28.2%4.56T
8Airtel Malawi PlcAIRTEL.MW101.31-16.11%-24.9%1.11T
9National Investment Trust PlcNITL.MW3,288.79-16.50%-16.5%443.98B
10NICO Holdings PlcNICO.MW1,333.31-23.22%-23.4%1.39T
11FDH Bank PlcFDHB.MW459.40-23.42%-28.0%3.17T
12National Bank Of Malawi PlcNBM.MW8,963.99-25.27%-27.7%4.19T
13Telekom Networks Malawi PlcTNM.MW21.62-31.28%-32.0%249.52B
14NBS Bank PlcNBS.MW619.59-32.19%-39.4%1.80T
15FMB Capital Holdings PlcFMBCH.MW1,786.34-44.14%-22.3%4.39T
16Press Corporation PlcPCL.MW312.06-96.42%-96.4%37.53B
  1. Sunbird Tourism PlcSUNBIRD.MW

    SUNBIRD.MW · MWK 3,399.98

    247.82%year to date
  2. Illovo Sugar Malawi PlcILLOVO.MW

    ILLOVO.MW · MWK 3,501.93

    50.29%year to date
  3. Blantyre Hotels PlcBHL.MW

    BHL.MW · MWK 17.52

    16.41%year to date
  4. ICON Properties PlcICON.MW

    ICON.MW · MWK 17.00

    6.25%year to date
  5. 0.51%year to date
  6. Old Mutual LimitedOMU.MW

    OMU.MW · MWK 3,699.99

    -2.38%year to date
  7. Standard Bank Malawi PlcSTANDARD.MW

    STANDARD.MW · MWK 3,889.82

    -8.44%year to date
  8. Airtel Malawi PlcAIRTEL.MW

    AIRTEL.MW · MWK 101.31

    -16.11%year to date
  9. -16.50%year to date
  10. NICO Holdings PlcNICO.MW

    NICO.MW · MWK 1,333.31

    -23.22%year to date
  11. FDH Bank PlcFDHB.MW

    FDHB.MW · MWK 459.40

    -23.42%year to date
  12. -25.27%year to date
  13. -31.28%year to date
  14. NBS Bank PlcNBS.MW

    NBS.MW · MWK 619.59

    -32.19%year to date
  15. FMB Capital Holdings PlcFMBCH.MW

    FMBCH.MW · MWK 1,786.34

    -44.14%year to date
  16. Press Corporation PlcPCL.MW

    PCL.MW · MWK 312.06

    -96.42%year to date

How this list works

Share price change since the last close before the start of the current year, excluding dividends. Ranked from highest to lowest by ytd price return, with market cap breaking ties. The universe is ordinary shares and REITs only, with fresh, dated closes under the screener's trading-day freshness rules. Sources: stored exchange closing prices, issuer annual reports and reviewed dividend announcements, using the same valuation data as company pages and the screener. Not investment advice.

AI-generated analysis for information only, not investment advice.

Investment disclaimer