We open the month of May 2020 bond trading on the Luse, with our constant pattern of the bond market completely eclipsing the equities market as it recorded a score of 100% on the bond market to 0% on the equities side.
Equity Market Updated
In the week ended 8th May 2020, a total of 36,199 shares were transacted in 66 trades, yielding a market turnover of K70,897. Trading activity was recorded in AFRICA EXPLOSIVES IMITED ZAMBIA, AIRTEL, CEC ZAMBIA, LAFARGE, PUMA, STANDARD CHARTERED ZAMBIA, ZANACO, ZAMBIA CONSOLIDATED COPPER MINES and CEC AFRICA on the quoted tier. The Index (LASI) closed at 4,094.16 points. The market closed on a capitalization of K56,640,868,984 including Shoprite Holdings and K22,401,663,004 excluding Shoprite Holdings.
Bond Market Update 8th May 2020
During the week, bonds of total face value of K30,096,000 were transacted in 13 trades, yielding a market value sales of K21,863,000.