In the battle of opposites the bond market held its glory as it recorded a 99% score to 1% on the equities side. In comparison to week three of June 2021, we see the complete opposite as it was the equities market that completely dominated the capital market.
In the week ended 17th June 2022, a total of 220,992 shares were transacted in 257 trades, yielding a market turnover of K612,346. Trading activity was recorded in BATA, BRITISH AMERICAN TOBACCO ZAMBIA, COPPERBELT ENERGY CORPORATION, CHILANGA CEMENT, MADISON FINANCIAL SERVICES, PAMDOZI, PUMA, STANDARD CHARTERED ZAMBIA, ZAMBIAN BREWERIES, ZAMBEEF, ZAMBIA METAL FABRICATORS, ZANACO, ZAMBIA SUGAR and CEC AFRICA on the quoted tier. The LuSE All Share Index (LASI) closed at 6,842.65 points. The market closed on a capitalization of K70,716,532,199 including Shoprite Holdings and K35,933,846,759 excluding Shoprite Holdings.
Bonds of total face value of K107,375,000 were transacted in 14 trades, resulting in a market value sales of K72,046,920.