In the third week of June 2023, trading on the Lusaka Securities Exchange the Luse All Share Index also known as LASI closed with 8,235 points. An All share index is a measurement of how well a stock market is performing, it is a series of numbers which shows the changing average value of share prices of companies on the stock market. The bond market recorded a 99% to 1% on the equities market.
Equity Market
In the week ended 16th June 2023, a total of 984,391 shares were transacted in 301 trades, yielding a market turnover of K2,873,249.62. Trading activity was recorded AECI MINING EXPLOSIVES, AIRTEL NETWORKS, BATA, COPPERBELT ENERGY CORPORATION ZAMBIA, CHILANGA CEMENT, PUMA ENERGY, REAL ESTATE INVESTMENT HOLDINGS ZAMBIA, STANDARD CHARTERED BANK LIMITED, ZCCM INVESTMENT HOLDINGS, ZAMBEEF, ZANACO, ZAMBIA SUGAR and CEC AFRICA INVESTMENTS on the quoted tier. The LuSE All Share Index (LASI) closed at 8,235.00 points. The market closed on a capitalization of K76,777,153,106.90 including Shoprite Holdings and K41,994,467,666.90 excluding Shoprite Holdings.
Bond Market
Bonds of total face value of K381,087,000 were transacted in 45 trades, resulting in a market value of K225,099,990.