Weekly Stock Market Review (12th to 16th October 2020)
Economy, Opinion

Three weeks into the month of October 2020 trading on the LuSE, eight companies’ securities recorded trades. Fridays’ equities trading was the best performance of the week. Trading activity was recorded AEL ZAMBIA, CEC ZAMBIA, STANDARD CHARTERED ZAMBIA, LAFARGE, ZANANCO, REI ZAMBIA, ZAMBIA CONSOLIDATED COPPER MINES and ZAMBIA SUGAR.

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Monday 12th

In 7 trades recorded today, 5,651 shares were transacted yielding a market turnover of K4,443. Trading activity was recorded in COPPERBELT ENERGY CORPORATION, LAFARGE, STANDARD CHARTERED ZAMBIA and ZANACO. The LuSE All Share Index (LASI) maintained its close at 3,811.75 points, as there were no share price movements The market closed on a capitalization of K55,896,157,023 including Shoprite Holdings and K21,656,951,043 excluding Shoprite Holdings.

Tuesday 13th 

In 5 trades recorded today, 3,582 shares were transacted yielding a market turnover of K2,616. Trading activity was recorded in COPPERBELT ENERGY CORPORATION. The LuSE All Share Index (LASI) maintained its close at 3,811.75 points, as there were no share price movements The market closed on a capitalization of K55,896,157,023 including Shoprite Holdings and K21,656,951,043 excluding Shoprite Holdings.

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Wednesday 14th

 In 3 trades recorded today, 3,271 shares were transacted yielding a market turnover of K1,706. Trading activity was recorded in STANDARD CHARTERED ZAMBIA and ZANACO. The LuSE All Share Index (LASI) maintained its close at 3,811.93 points, as there were no share price movements The market closed on a capitalization of K55,896,157,023 including Shoprite Holdings and K21,656,951,043 excluding Shoprite Holdings.

Thursday 15th

In 36 trades recorded today, 8,391 shares were transacted yielding a market turnover of K70,753. A share price loss of K0.39 was recorded in REI ZAMBIA. Trading activity was also recorded in AEL ZAMBIA, CEC ZAMBIA, STANDARD CHARTERED ZAMBIA, ZAMBIA CONSOLIDATGED COPPER MINES and ZANACO. The LuSE All Share Index (LASI) closed at 3,806.88 points, 0.13% down from its previous close of 3,811.93 points. The market closed on a capitalization of K55,874,137,545 including Shoprite Holdings and K21,634,931,565 excluding Shoprite Holdings.

Friday 16th

In 15 trades recorded today, 11,568 shares were transacted yielding a market turnover of K12,776. Trading activity was recorded in AEL ZAMBIA, CEC ZAMBIA and ZAMBIA SUGAR. The LuSE All Share Index (LASI) maintained its close at 3,806.88 points, as there were no share price movements. The market closed on a capitalization of K55,874,137,545 including Shoprite Holdings and K21,634,931,565 excluding Shoprite Holdings.

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