Weekly Stock Market Review (18th to 22nd May 2020)
Economy, Opinion

In the third week of May 2020 trading on the LuSE, Only four days recorded trades of which Tuesday’s equities trading was the best performing for the week. Eight companies securities recorded trades.

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Monday 18th

In 27 trades recorded today, 8,056 shares were transacted yielding a market turnover of K6,775. A share price loss of K0.05 was recorded in BATA and a loss of K0.01 was recorded in CEC ZAMBIA. Trading activity was also recorded in ZAMBIA BREWERIES, ZANACO and ZAMBIA FORESTRY and FOREST CORPORATION The LuSE All Share Index (LASI) closed at 4,078.25 points, 0.11% down from its previous close of 4,082.86 points. The market closed on a capitalization of K56,571,643,786 including Shoprite Holdings and K22,332,437,806 excluding Shoprite Holdings.

Tuesday 19th

In 27 trades recorded today, 597,233 shares were transacted yielding a market turnover of K4,360,497. Trading activity was recorded in BATA, CEC ZAMBIA, ZAMBIA BREWERIES, ZAMBIA CONSOLIDATED COPPER MINES, ZANACO and CEC AFRICA on the quoted tier. The LuSE All Share Index (LASI) maintained its close at 4,078.25 points, as there were no share price movements.  The market closed on a capitalization of K56,571,643,786 including Shoprite Holdings and K22,332,437,806 excluding Shoprite Holdings.

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Wednesday 20th

In 10 trades recorded today, 14,713 shares were transacted yielding a market turnover of K3,973. Trading activity was recorded in STANDARD CHARTERED ZAMBIA, ZANACO and CEC AFRICA on the quoted tier. The LuSE All Share Index (LASI) maintained its close at 4,078.25 points, as there were no share price movements.  The market closed on a capitalization of K56,571,643,786 including Shoprite Holdings and K22,332,437,806 excluding Shoprite Holdings.

Thursday 21st

In 16 trades recorded today, 1,694 shares were transacted yielding a market turnover of K1,694. Trading activity was recorded in CEC ZAMBIA. The LuSE All Share Index (LASI) maintained its close at 4,078.25 points, as there were no share price movements.  The market closed on a capitalization of K56,571,643,786 including Shoprite Holdings and K22,332,437,806 excluding Shoprite Holdings.

 Friday 22nd

There were no trades recorded today. The LuSE All Share Index (LASI) maintained its close at 4,078.25 points, as there were no share price movements.  The market closed on a capitalization of K56,571,643,786 including Shoprite Holdings and K22,332,437,806 excluding Shoprite Holdings.

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 Week three is the best performing week thus far as it has recorded the highest Turnover, Shares and Trades.

 

 

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