Two weeks into the month of October 2022 trading on the Lusaka Securities Exchange. The bond market recorded a 100% score to 0% on the equities market, in comparison to this time last year we see slight more activity on the equities market as it recorded a 9% to 91% on the bond market. Regarding the equity market Copperbelt Energy Corporation recorded the highest turnover during the week.
Equity Market
In the week ended 14th October 2022, a total of 162,312 shares were transacted in 327 trades, yielding a market turnover of K746,235. Trading activity was recorded in AECI, AIRTEL NETWORKS, BATA, BRITISH AMERICAN TOBACCO ZAMBIA, COPPERBELT ENERGY CORPORATION, INVESTRUST BANK, CHILANGA CEMENT, TAJ PAMDOZI HOTELS, PUMA ENERGY, STANDARD CHARTERD BANK ZAMBIA, ZAMBEEF, ZAMBIAN BREWERIES, ZANACO, ZCCM INVESTMENT HOLDINGS, ZAMBIA SUGAR, ZAMBIA FORESTRY and FOREST INDUSTRIES CORPORATION and CEC AFRICA INVESTMENTS on the quoted tier. The LuSE All Share Index (LASI) closed at 7,232.76 points. The market closed on a capitalization of K72,414,586,522 including Shoprite Holdings and K37,631,901,082 excluding Shoprite Holdings.
Bond Market
Bonds of total face value of K522.379,000 were transacted in 31 trades, resulting in a market value sales of K345,964,310.