In the fourth week of trading on the LuSE, nothing changes as the Corporate bond market maintains its dominance and remains prominent with only one more week left in the month of January 2020. Maintaining its core of 100%.
Equity Market Update
In the week ended 24th January 2020, a total of 27,110 shares were transacted in 115 trades, yielding a market turnover of K41,025. Trading activity was recorded in AEL ZAMBIA, BATA, COPPERBELT ENERGY CORPORATION, LAFAGE, PUMA, STANDARD CHARTERED BANK LMITED, ZAMBIA BREWERIES, ZANACO, ZAMBIA CONSOLIDATED COPPER MINES, and ZAMBIA SUGAR. The LuSE All Share Index (LASI) closed at 4,253.76 points. The market closed on a capitalization of K56,510,851,713 including Shoprite Holdings and K22,271,645,733 excluding Shoprite Holdings.
Bond Market Update 24th January 2020
During the week, bonds of total face value of K66,390,000 were transacted in 19 trades, yielding a market value sales of K44,676,000.
With four weeks into trading on the LuSE, the third week of Corporate Bond trading remains the highest recording Market Value Sales thus far of K194,561,190 with only one week left of trading in January 2020.
Important Announcements
ZAMBIA FORESTRY AND FOREST INDUSTRIES CORPORATION
Monday, 20 January 2020 – The Public is informed of the extension of the offer period for the purchase of shares in ZAFFICO for a period of eight (8) days. This will see the offer close on 29th January 2020 beyond the previous date communicated, 21st January 2020 in the prospectus issued on 6th December 2019.
PAMODZI HOTELS PLC
In compliance with the requirements of the Securities Act No 41 of 2016 and the Listing Rules of Lusaka Securities Exchange, Pamodzi Hotels Plc, announces the unaudited results for the six months ending September 30, 2019.