Four weeks into July trading on the Lusaka Stock Exchange. Yet another week of the bond market completely eclipsing the equity market, week four of July 2023 is a complete replica of week four of July 2022.
Equity Market
In the week ended 28th July 2023, a total of 150,822 shares were transacted in 460 trades, yielding a market turnover of K548,123.88. Trading activity was recorded AECI MINING, AIRTEL NETWORKS, BATA, COPPERBELT ENERGY CORPORATION ZAMBIA, CHILANGA CEMENR, PUMA ENERGY, REAL ESTATE INVESTMENT ZAMBIA, STANDARD CHARTERED BANK LIMITED, ZAMBIAN BREWERIES, ZAMBEEF, ZAMBIA REINSURANCE, ZANACO, ZCCM INVESTMENT HOLDINGS, ZAMBIA SUGAR and CEC AFRICA INVESTMENTS on the quoted tier. The LuSE All Share Index (LASI) closed at 8,361.81 points. The market closed on a capitalization of K77,329,091,885.54 including Shoprite Holdings and K42,546,406,445.54 excluding Shoprite Holdings.
Bond Market
Bonds of total face value of K 2,255,617,000 were transacted in 71 trades, resulting in a market value of K1,421,744,240.