Weekly Stock Market Review (27th to 31st July 2020)
Economy, Opinion

In the final week of 2020 trading on the LuSE, Friday’s equities trading was the best performing for the week. Eight companies’ securities recorded trades. Trading activity was recorded in AIRTEL, CEC ZAMBIA, LAFARGE, BATA, PUMA, MADISON FINANCIAL SERVICES, SHOPRITE ZAMBIA, and ZAMBIA CONSOLIDATED COPPER MINES.

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Monday 27th

In 1 trade recorded today, 600 shares were transacted yielding a market turnover of K462. A share price gain of K0.06 was recorded in CEC ZAMBIA. The LuSE All Share Index (LASI) closed at 3,859.94 points, 0.58% up from its previous close of 3,837.54 points. The market closed on a capitalization of K55,621,451,258 including Shoprite Holdings and K21,382,245,278 excluding Shoprite Holdings.

Tuesday 28th  

In 1 trade recorded today, 1,300 shares were transacted yielding a market turnover of K2,080. Trading activity was recorded in LAFARGE. The LuSE All Share Index (LASI) maintained its close at 3,859.94 points, as there were no share price movements. The market closed on a capitalization of K55,621,451,258 including Shoprite Holdings and K21,382,245,278 excluding Shoprite Holdings.

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Wednesday 29th  

In 11 trades recorded today, 1,433 shares were transacted yielding a market turnover of K2,066. A share price loss of K0.01 was recorded in COPPERBELT ENERGY CORPORATION, and a share price gain of K0.20 was recorded in LAFARGE. Trading activity was also recorded in BATA, PUMA and ZAMBIA CONSOLIDATED COPPER MINES. The LuSE All Share Index (LASI) closed at 3,865.40 points, 0.14% up from its previous close of 3,859.94 points. The market closed on a capitalization of K55,645,209,233 including Shoprite Holdings and K21,406,003,253 excluding Shoprite Holdings

Thursday 30th  

In 13 trades recorded today, 2,348 shares were transacted yielding a market turnover of K3,737. Trading activity was recorded in CEC ZAMBIA, MADISON FINANCIAL SERVICES, PUMA, SHOPRITE ZAMBIA and ZAMBIA CONSOLIDATED COPPER MINES. The LuSE All Share Index (LASI) maintained its close at 3,865.40 points, as there were no share price movements. The market closed on a capitalization of K55,645,209,233 including Shoprite Holdings and K21,406,003,253 excluding Shoprite Holdings.

Friday 31st    

In 10 trades recorded today, 15,501 shares were transacted yielding a market turnover of K28,773. Trading activity was recorded in AIRTEL, CEC ZAMBIA and LAFARGE. The LuSE All Share Index (LASI) maintained its close at 3,865.40 points, as there were no share price movements. The market closed on a capitalization of K55,645,209,233 including Shoprite Holdings and K21,406,003,253 excluding Shoprite Holdings.

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Week four of the month of July 2020 trading on the LuSE, has been the best performing week in terms of Turnover, Shares and number of Trades.

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