In the battle of opposites, in the second week of June 2022 trading on the Lusaka Stock Exchange. There was minimal trading activity in regards to the bond market as only two days recorded trades. The bond market recorded a 60% to 40% on the equities side, in comparison to this time last year the bond market recorded a 100%. Completely dominating the capital market.
Equity Market
In the week ended 10th June 2022, a total of 5,879,570 shares were transacted in 508 trades, yielding a market turnover of K37,347,294. Trading activity was recorded in AFRICA EXPLOSIVES CORPORATION LIMITED, AIRTEL, BRITISH AMERICAN TOBACCO ZAMBIA, COPPERBELT ENERGY CORPORATION, CHILANGA CEMENT, INVESTRUST, NATIONAL BREWERIES, PAMDOZI, PUMA, REAL ESTATE INVESTMENT ZAMBIA, STANDARD CHARTERED ZAMBIA, ZAMBIAN BREWERIES, ZAMBIA FORESTRY CORPORATION, ZAMBEEF, ZAMBIA METAL FABRICATORS, ZANACO, ZAMBIA SUGAR and CEC AFRICA on the quoted tier. The LuSE All Share Index (LASI) closed at 6,794.44 points. The market closed on a capitalization of K70,406,669,556 including Shoprite Holdings and K35,723,984,116 excluding Shoprite Holdings.
Bond Market
Bonds of total face value of K83,780,000 were transacted in 3 trades, resulting in a market value sales of K55,546,500.
Week one remains the best performing week of the month thus far.
IMPORTANT ANNOUNCEMENTS
NOTICE IS HEREBY GIVEN that the 54th Annual General Meeting of the shareholders of National Breweries Plc in respect
of the year ended 31st March 2022 will be held on Thursday, 30th June 2022 at 10:00hours. The Annual General Meeting
proceedings will be conducted virtually via the Mkutano e-AGM platform.
The total turnover for the year is ZMW 54.43 million compared to previous year turnover of ZMW 15.38 million.
EBITDA for the year is ZMW (3.03) million compared to previous year of ZMW (29.31) million. Overall this
contributed to a Loss after tax for the year ZMW (19.46) million as compared to a loss of ZMW (36.69) million in
the previous year.