Weekly Stock Market Review (22nd to 26th June 2020)
Economy, Opinion

Four weeks into June 2020 trading on the LuSE, Only four days recorded trades of which Wednesdays equities trading was the best performing for the week. Seven companies’ securities recorded trades.

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Monday 22nd

In 12 trades recorded today, 4,611,400 shares were transacted yielding a market turnover of K599,482. Trading activity was recorded in CEC AFRICA on the quoted tier. The LuSE All Share Index (LASI) maintained its close of 3,944.98 points, as there were no share price movements. The market closed on a capitalization of K55,991,569,876 including Shoprite Holdings and K21,752,363,896 excluding Shoprite Holdings.

Tuesday 23rd

In 22 trades recorded today, 2,971,511 shares were transacted yielding a market turnover of K386,296. Trading activity was recorded in CEC AFRICA on the quoted tier. The LuSE All Share Index (LASI) maintained its close of 3,944.98 points, as there were no share price movements. The market closed on a capitalization of K55,991,569,876 including Shoprite Holdings and K21,752,363,896 excluding Shoprite Holdings.

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Wednesday 24th

In 28 trades recorded today, 269,430 shares were transacted yielding a market turnover of K245,566. A share price loss of K0.03 was recorded in PUMA and a share price loss of K0.01 was recorded in STANDARD CHARTERED BANK ZAMBIA Trading was also recorded in COPPERBELT ENERGY CORPORATION, LAFARGE, ZANACO and ZAMBIA FORESTRY AND FOREST CORPORATION. The LuSE All Share Index (LASI) closed at 3,937.70 points, 0.18% down from its previous close of 3,944.98 points. The market closed on a capitalization of K55,959,900,076 including Shoprite Holdings and K21,720,694,096 excluding Shoprite Holdings

Thursday 25th

Trading activity was recorded in CEC AFRICA on the quoted tier. A total of 39,2124,275 shares were transacted yielding a market turnover of K5,097,855.75. The LuSE All Share Index (LASI) closed at 3,937.70 points as they were no price movements. The market closed on a capitalization of K55,959,900,076 including Shoprite Holdings and K21,720,694,096 excluding Shoprite Holdings.

Friday 26th

In 4 trades recorded today, 141,813 shares were transacted yielding a market turnover of K 27,793.62 in AEL ZAMBIA, CEC ZAMBIA, FIRST QUANTUM MINERALS ZAMBIA and CEC AFRICA on the quoted tier The LuSE All Share Index (LASI) closed at 3,937.70 points as they were no price movements. The market closed on a capitalization of K55,959,900,076 including Shoprite Holdings and K21,720,694,096 excluding Shoprite Holdings.

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