Four weeks into the month of August 2022, trading on the Lusaka Stock Exchange. Yet another week of the bonding market recording a 100% score to 0% on the equities market. In regards to the equities market CEC Zambia recorded the highest turnover during the week.
Equity Market
In the week ended 26th August 2022, a total of 456,644 shares were transacted in 486 trades, yielding a market turnover of K1,212,454. Trading activity was recorded in AECI MINING EXPLOSIVES, AIRTEL, BATA, COPPERBELT ENERGY CORPORATION, CHILANGA CEMENT, INVESTRUST, MADISON FINANCIAL SERVICES, NATIONAL BREWERIES, PUMA, REAL ESTATE INVESTMENT ZAMBIA, STANDARD CHARTERED BANK ZAMBIA, ZAMBIAN BREWERIES, ZCCM INVESTMENT HOLDINGS, ZAMBIA FORESTRY and FOREST CORPORATION, ZAMBEEF, ZANACO, ZAMBIA SUGAR and CEC AFRICA INVESTMENT on the quoted tier. The LuSE All Share Index (LASI) closed at 7,014.75 points. The market closed on a capitalization of K71,465,633,088 including Shoprite Holdings and K36,682,947,648 excluding Shoprite Holdings.
Bond Market
. Bonds of total face value of K562,953,000 were transacted in 128 trades, resulting in a market value sales of K444,823,640.
Week two of August remains the best performing week of the month.