Four weeks into trading on the Lusaka Securities Exchange, taking a look into the battle of opposites seeing how the equities market and bond market performed against each other. The bond market recorded a score of 94% to 6% on the equities market.
Equity Market
In the week ended 23rd December 2022, a total of 3,886,728 shares were transacted in 351 trades, yielding a market turnover of K16,012, 693. Trading activity was recorded in AECI MINING EXPLOSIVES, AIRTEL NETWORKS, BATA, BRITISH AMERICAN TOBACCO ZAMBIA, COPPERBELT ENERGY CORPORATION ZAMBIA, CHILANGA CEMENT, MADISON FINANCIAL SERVICES, PUMA ENERGY, STANDARD CHARTERED BANK LIMITED, ZAMBIAN BREWERIES, ZAMBEEF, ZANACO and ZAMBIA SUGAR as well as CEC AFRICA INVESTMENTS on the quoted tier. The LuSE All Share Index (LASI) closed at 7,337.28 points. The market closed on a capitalization of K72,869,538,964.75 including Shoprite Holdings and K38,086,853,524.75 excluding Shoprite Holdings.
Bond Market
Bonds of total face value of K361,014,000 were transacted in 28 trades, resulting in a market value sales of K236,824,670.
Four weeks into trading on the Lusaka Securities Exchange, taking a look into the battle of opposites seeing how the equities market and bond market performed against each other. The bond market recorded a score of 94% to 6% on the equities market.
Equity Market
In the week ended 23rd December 2022, a total of 3,886,728 shares were transacted in 351 trades, yielding a market turnover of K16,012, 693. Trading activity was recorded in AECI MINING EXPLOSIVES, AIRTEL NETWORKS, BATA, BRITISH AMERICAN TOBACCO ZAMBIA, COPPERBELT ENERGY CORPORATION ZAMBIA, CHILANGA CEMENT, MADISON FINANCIAL SERVICES, PUMA ENERGY, STANDARD CHARTERED BANK LIMITED, ZAMBIAN BREWERIES, ZAMBEEF, ZANACO and ZAMBIA SUGAR as well as CEC AFRICA INVESTMENTS on the quoted tier. The LuSE All Share Index (LASI) closed at 7,337.28 points. The market closed on a capitalization of K72,869,538,964.75 including Shoprite Holdings and K38,086,853,524.75 excluding Shoprite Holdings.
Bond Market
Bonds of total face value of K361,014,000 were transacted in 28 trades, resulting in a market value sales of K236,824,670.
