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TNM loses K10bn on MSE

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TNM share price drop has wiped off K10 billion of the company value on Monday, a share trading update by Malawi Stock Exchange shows.

The telecom giant was the only busy counter on Monday at the stock market, trading 20 647 shares for over K289 000.

However, starting the day with a share price of K14.99, the company closed the day valued K14 per share, dropping in total market value from K150.5 billion to K140.5 billion.

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