In the fourth week of September, we take a look at how the Capital Market perfumed on the Lusaka Securities Exchange. Yet another mundane week as the Bond market holds its glory by recording a 100% score to 0% on the equities side. Taking a look back to around this time last year, we see the bond market recorded a 99% to 1%, indicating a 1% decrease in performance for the equities market.
In the week ended 22th September 2023, a total of 554,167 shares were transacted in 288 trades, yielding a market turnover of K2,021,459.80. Trading activity was recorded AECI MINING, AIRTEL NETWORKS, BATA, BRITISH AMERICAN TOBACCO ZAMBIA, COPPERBELT ENERGY CORPORATION ZAMBIA, CHILANGA CEMENT, PUMA ENERGIES, STANDARD CHARTERED BANK LIMITED, ZAMBIAN BREWERIES, ZCCM INVESTMENT HOLDINGS, ZAMBEEF, ZANACO, ZAMBIA SUGAR and CEC AFRICA INVESTMENTS on the quoted tier on the quoted tier. The LuSE All Share Index (LASI) closed at 9,235.39 points. The market closed on a capitalization of K81,131,611,718.05 including Shoprite Holdings and K46,314,926,278.05 excluding Shoprite Holdings.
Bond Market
Bonds of total face value of K1,516,923,000 were transacted in 75 trades, resulting in a market value of K1,236,461,580.
