In the final week of a 5 week January 2018, from high of the previous week, trading was bearish on the LuSE.
Companies that traded during the month included:
- Zambrew Plc
- Zanaco Plc
- Airtel Plc
- Standard Chartered Plc
- CEC Plc
- CEC Africa on the Quoted Tier
- Puma Plc
- Zambia Sugar
- Cavmont Capital Holdings Plc
Monday 28th January
- 9 trades recorded on the day
- The LuSE ASI closed at 5,677.98 points, up 0.14% from the previous close of 5,670.11 points. Year-to-date, the LUSE ALSI is up 8.19% in local currency terms, and up 7.92% in USD currency terms
- 50,066 shares traded on the LuSE Main Tier today, of which ZAMBREW contributed 61% to the total shares traded, trading 30,700 shares at a share price of at K11.98 per share.
- Zambrew posted a gain of K0.06
- Trading activities was also recorded in Airtel, Standard Chartered Bank Plc and Zanaco
- A total turnover of K394,294 (USD32,667) was generated on the LuSE today, of which ZAMBREW contributed 97%.
- The market closed on a capitalization of k62,279,752,281 including Shoprite Holdings and K28,040,546,301 excluding Shoprite Holdings.
Tuesday 29th January
- The LuSE ASI maintained the previous close of 5,677.98 points. Year-to-date, the LUSE ALSI is up 8.19% in local currency terms, and up 7.83% in USD currency terms
- 4,263 shares traded on the LuSE Main Tier today, of which CEC contributed 54% to the total shares traded, trading 2,292 shares at a share price of at K1.45 per share.
- A total turnover of K6,124 (USD507) was generated on the LuSE today, of which CEC contributed 54%.
- On the Quoted tier, 52,330 CEC Africa shares traded, generating a total turnover of K10,446.
Wednesday 30th January
- 17 trades recorded
- The LuSE ASI maintained the previous close of 5,677.98 points. Year-to-date, the LUSE ALSI is up 8.19% in local currency terms, and up 7.83% in USD currency terms
- Trading activity was recorded in CEC, CECZ, PUMA
- 15,628 shares traded on the LuSE Main Tier today, of which CEC contributing the majority of total shares traded, trading 4,200 shares at a share price of at K1.45 per share.
- A total turnover of K8,398 was generated on the LuSE today
- On the Quoted tier, 11,400 CCAF shares traded, generating a total turnover of K2,280.
Thursday 31st January
- 13 trades recorded
- The LuSE ASI maintained the previous close of 5,677.98 points. Year-to-date, the LUSE ALSI is up 8.19% in local currency terms, and up 8.10% in USD currency terms
- Trading activity was recorded in CEC Zambia and REIZ on the main board
- 58,600 shares traded on the LuSE Main Tier today, of which CEC contributed a substantial portion of the trades to the total shares traded, trading 30,386 shares at a share price of at K1.45 per share.
- A total turnover of K50,942 was generated on the LuSE today, of which CEC contributed 97%.
- The LuSE All Share Index (LASI) maintained its previous close of 5,677.98 points as there were no price movements.
- On the Quoted tier, 28,000 CCAF shares traded, generating a total turnover of K5,600
Friday 1st February
- 56 trades recorded at the close of the week into February 2019
- The LuSE ASI closed at 5,691.10 points, up 0.23% from the previous close of 5,677.98 points. Year-to-date, the LUSE ALSI is up 8.44% in local currency terms, and up 8.62% in USD currency terms
- 67,321 shares traded on the LuSE Main Tier today, of which CEC contributed 93% to the total shares traded, trading 62,495 shares at a share price of at K1.45 per share.
- Trading activity was also recorded in Cavmont Capital Holdings Zambia, CEC Zambia, REIZ, Standard Chartered Bank and ZCCM IH.
- A share price gain of K0.04 was posted in Zanaco while Zambia Sugar recorded a loss of K0.01.
- A total turnover of K106,757 was generated on the LuSE today, of which CEC contributed 87%.
- The LuSE All Share Index (LASI) closed at 5,691.10 points up by 0.23% from its previous close of 5,677.98.
- The market closed the week on a capitalization of K62,334,336,568 including Shoprite Holdings and K28,095,130,588 excluding Shoprite Holdings.
FIZ Analysis of the Week
Week 5 saw one more company trading compared to week 4 making it the week that had the highest number of companies trading on LuSe. However, although the peak saw 9 companies being traded, turnover slumped from the previous week’s high by 98%.
Total number of shared traded for the week was at the bottom at 1.7% of all traded shares during the month. The last day of the month, Thursday, saw the highest number of shares being traded during the final week with 58,600 shares being traded.
Only Zambrew saw a change in price that was attributed to the sale of shares on Monday.
FIZ Analysis of January
Turnover for January was largely influence by the share price of the companies traded. From the illustration below, it can be seen that although week 4 posted the strongest turnover for the month.
The start of the month was bearish, slightly peaking in the second week albeit bearish in the week three. Week five posted the highest number of companies being traded. However, the final week was second from the tail end in terms of turnover and shares traded.
In terms of turnover increase, week 3 to week 4 saw the highest jump during the month in comparison to the week 1 to week 2 surge.
Key Announcements
Important SENS announcements for the end of the month came from ZCCM IH.
On 1st February 2019, the Board of ZCCM IH announced that it had parted company with Dr Pius Kasolo who would be replaced in an acting capacity by the Chief Investments Officer Mabuvto Chipata until further notice.
Information on stock movements is sourced from the LuSe and Stockbroker Brokers Zambia