Three weeks into the month of April 2023, trading on the Lusaka Securities Exchange. The bond market recorded a 99% to 1% on the equity market. In comparison to this time last year we see is a complete replica as it also recorded a 99% score to 0%. Regarding the equity market Copperbelt Energy Corporation Zambia recorded the highest turnover during the week.
Equity Market
In the week ended 21st April 2023, a total of 1,023,540 shares were transacted in 226 trades, yielding a market turnover of K4,764,030. Trading activity was recorded AECI MINING EXPLOLSIVES, BATA, BRITISH AMERICAN TOBACCO ZAMBIA, COPPERBELT ENERGY CORPORATION ZAMBIA, CHILANGA CEMENT, MADISON FINANCIAL SERVICES, PUMA ENERGY, STANDARD CHARTERED BANK LIMITED, ZAMBEEF, ZAMBIAN BREWERIES, ZAMBIA METAL FABRICATORS, ZANACO and ZAMBIA SUGAR as well as CEC AFRICA INVESTMENTS on the quoted tier. The LuSE All Share Index (LASI) closed at 8,021.24 points. The market closed on a capitalization of K75,846,700,120.46 including Shoprite Holdings and K41,064,014,680.46 excluding Shoprite Holdings.
Bond Market
Bonds of total face value of K1,348,921,000 were transacted in 64 trades, resulting in a market value sales of K819,741,070.