NICO
Official rate only — a parallel market trades well above it. Malawi operates a managed exchange rate alongside an active parallel market, and the two have diverged by a wide margin. Dollar figures here use the official rate, because it is the only one that can be sourced reliably each day. Reported parallel rates have run far above it — as high as around K5,000 to the dollar, easing to roughly K3,000 after the Reserve Bank of Malawi intervened in early 2025, against an official rate near K1,734. Treat any dollar figure on a Malawian listing as an official-rate conversion rather than an amount anyone could actually realise.
About NICO
from market data- Listing
- NICO trades as MSE:NICO on the Malawi Stock Exchange in Blantyre, Malawi.
- Trading
- Quoted and settled in MWK, and the market is open 09:30–14:30 CAT. One share is currently about $0.7786.
- Liquidity
- 980 shares changed hands in the last session — thin enough that a modest order could move the price, and that exiting may take time. Why liquidity matters here
- Range
- Over the period we hold, it has traded between 1,336.93 and 1,344.87 MWK. Today's price sits 0% of the way up that range.
- Access
- Most international brokers do not reach MSE. Getting in usually means a local or diaspora account, and getting money out is a separate question from getting in. How to buy shares on the MSE →
We don't have a verified company description for NICO yet. Rather than generate one, we show only what the market data supports — why.
Chart
No chart yet for NICO (NICO).
None of our sources supplies a price history for this listing. We record its closing price for each session we capture, so a chart appears here once there are enough sessions behind it.
Performance
local currencyTrailing returns are not published by MSE for this listing.
Key figures
- Board
- Main Boardexchange market segment
- Volume
- 980
- Turnover
- MWK 1.31M
ISIN, Day range, 52-week range, Market cap, Shares outstanding, P/E ratio, EPS and Dividend / share are not published by MSE. Dividend yield is a figure we work out ourselves, and we do not hold enough verified data to compute it for this listing. What each source covers
Price history
closes · showing 2 of 2| Date | Close | Volume |
|---|---|---|
| 2 Oct 2026 | 1,336.93 | 980 |
| 7 Aug 2026 | 1,344.87 | 7,239 |
Questions
- What is the NICO share price today?
- NICO (MSE) closed at MWK 1,336.93 on 2 Oct 2026.
- Where is NICO listed?
- NICO is listed on the Malawi Stock Exchange (MSE) in Malawi, and trades in MWK.
- When is NICO's next announced date?
- We hold no announced future date for NICO. Dates projected from past payments are not counted as announced.
Events
No dividend or split on record for NICO
We hold verified corporate actions for companies whose ex-dividend records we could read; this one has none on file. It does not mean none happened. What we do hold