Four weeks into the month of January 2023, trading on the Lusaka Securities Exchange. There was minimal trading activity on the equity market as the bond market recorded a 100% score. In regards to the equity market Zanaco Plc recorded the highest turnover during the week.
Equity Market
In the week ended 27th January 2023, a total of 2,062,622 shares were transacted in 383 trades, yielding a market turnover of K6,131,960. Trading activity was recorded in AECI MINING EXPLOSIVES, BATA, COPPERBELT ENERGY CORPORATION ZAMBIA, CHILANGA CEMENT, MADISON FINANCIAL SERVICES, SHOPRITE HOLDINGS, TAJ PAMDOZI HOTELS, REAL ESTATE INVESTMENT ZAMBIA, STANDARD CHARTERED BANK LIMITED, ZAMBIAN BREWERIES, ZAMBEEF, ZANACO and ZAMBIA SUGAR as well as CEC AFRICA INVESTMENT on the quoted tier. The LuSE All Share Index (LASI) closed at 7,222.94 points. The market closed on a capitalization of K72,371,854,623.44 including Shoprite Holdings and K37,589,169,183.44 excluding Shoprite Holdings.
Bond Market
Bonds of total face value of K2,731,553,000 were transacted in 102 trades, resulting in a market value sales of K1,811,872,590.