Two weeks into the month of September 2023, trading on the Lusaka Securities Exchange we take a look at how the capital market performed. the Bond market recorded a 99% score to 1% on the equity market, which is a 1% increase from last years performance on the equities market. Regarding the equity market Zambian Breweries Plc recorded the highest turnover during the week.
In the week ended 15th September 2023, a total of 974,067 shares were transacted in 380 trades, yielding a market turnover of K8,398,648.73. Trading activity was recorded AECI MINING, AIRTEL NETWORKS, COPPERBELT ENERGY CORPORATION ZAMBIA, CHILANGA CEMENT, STANDARD CHARTERED BANK LIMITED, SHOPRITE HOLDINGS, ZAMBIAN BREWERIES, ZCCM INVESTMENT HOLDINGS, ZAMBIA FORESTRY and FOREST CORPORATION, ZAMBEEF, ZANACO, ZAMBIA SUGAR and CEC AFRICA INVESTMENTS on the quoted tier on the quoted tier. The LuSE All Share Index (LASI) closed at 9,153.83 points. The market closed on a capitalization of K80,776,611,598.65 including Shoprite Holdings and K45,993,926,158.65 excluding Shoprite Holdings.
Bond Market
Bonds of total face value of K1,627,326,000 were transacted in 67 trades, resulting in a market value of K1,095,346,470.