Three weeks into the month of May 2023, trading on the Lusaka Securities Exchange. The Bond market completely dominated the equity market recorded a 100% score which was the same performance in the third week of May 2022. Regarding the equity market Copperbelt Energy Corporation recorded the highest turnover during the week.
In the week ended 19th May 2023, a total of 282,171 shares were transacted in 449 trades, yielding a market turnover of K863,095.85. Trading activity was recorded COPPERBELT ENERGY CORPORATION ZAMBIA, CHILANGA CEMENT, TAJ PAMDOZI HOTELS, PUMA ENERGIES, REAL ESTATE INVESTMENT HOLDINGS ZAMBIA, STANDARD CHARTERED BANK LIMITED, SHOPRITE HOLDINGS, ZAMBIAN BREWERIES, ZCCM INVESTMENT HOLDINGS, ZAMBEEF, ZANACO, ZAMBIA SUGAR and CEC AFRICA INVESTMENTS on the quoted tier. The LuSE All Share Index (LASI) closed at 8171.21 points. The market closed on a capitalization of K76,499,456,280.97 including Shoprite Holdings and K41,716,770,840.97 excluding Shoprite Holdings.
Bonds of total face value of K1,673,200,000 were transacted in 42 trades, resulting in a market value of K1,001,998,370.