Into the first week of January 2021 bond trading on the LuSE, the bond market continues to dominate the equities market as it recorded a 99% to 1% on the equities market. This is a 1% increase from the first week of January 2020 which was completely dominated as it recorded a 100% to 0% on the equities market. Both January 2020 as well as 2021 have started on the same note, hoping for a turn around in the weeks to come.
In the week ended 08th January 2021, a total of 582,738 shares were transacted in 103 trades, yielding a market turnover of K1,514,716. Trading activity was recorded in AEL ZAMBIA, CAVMONT CAPITAL HOLDINGS ZAMBIA, COPPERBELT ENERGY CORPORATION, LAFARGE, PRIMA REINSURANCE, PUMA, ZAMBEEF, ZAMBIAN BREWERIES, ZAMBIA SUGAR and CEC AFRICA on the quoted tier. The Index (LASI) closed at 3,912.33 points. The market closed on a capitalization of K57,358,966,682 including Shoprite Holdings and K23,119,760,702 excluding Shoprite Holdings.
Bonds of total face value of K117,604,000 were transacted in 5 trades, resulting in a market value sales of K100,618,000.