In the week that ended 26th May 2023, the Luse All Share Index (LASI) closed at 8,147.06 points. In the battle of opposites between the bond and stock market the bond market recorded a 100% to 0% on the equity market. Week four of May 2022, was the complete opposite of this years performance as it was the equity market that recorded a 100% score.
Equity Market
In the week ended 26th May 2023, a total of 164,148 shares were transacted in 337 trades, yielding a market turnover of K690,973.78. Trading activity was recorded AECI MINING EXPLOSIVES, COPPERBELT ENERGY CORPORATION ZAMBIA, CHILANGA CEMENT, INVESTRUST BANK, MADISON FINANCIAL SERVICES, PUMA ENERGY, REAL ESTATE INVESTMENT ZAMBIA, STANDARD CHARTERED BANK LIMITED, ZAMBEEF, ZAMBIA REINSURANCE, ZAMBEEF, ZANACO, and CEC AFRICA INVESTMENTS on the quoted tier. The LuSE All Share Index (LASI) closed at 8,147.06 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.
Bond Market
Bonds of total face value of K2,456,631,000 were transacted in 24 trades, resulting in a market value of K1,346,652,110.