In the final week of September 2022, trading on the Lusaka Stock Exchange. Yet another week of the bond market eclipsing the equities market as it recorded a 100% score. In regards to the equities market Copperbelt Energy Corporation recorded the highest turnover throughout the week.
Equity Market
In the week ended 30th September 2022, a total of, 254,640 shares were transacted in 379 trades, yielding a market turnover of K980,539. Trading activity was recorded in AECI MINING EXPLOSIVES, BATA, COPPERBELT ENERGY CORPORATION, CHILANGA CEMENT, INVESTRUST BANK, TAJ PAMDOZI HOTELS, PUMA ENERGY, REAL ESTATE INVESTMENT ZAMBIA, STANDARD CHARTERED ZAMBIA, ZAMBIAN BREWERIES, ZCCM INVESTMENT HOLDINGS, ZAMBIA FORESTRY and FOREST CORPORATION, ZAMBEEF, ZAMBIA METAL FABRICATORS, ZANACO, ZAMBIA SUGAR and CEC AFRICA INVESTMENTS on the quoted tier. The LuSE All Share Index (LASI) closed at 7,342.44 points. The market closed on a capitalization of K72,892,024,035 including Shoprite Holdings and K38,109,338,595 excluding Shoprite Holdings.
Bond Market
Bonds of total face value of K1,574,772,000 were transacted in 103 trades, resulting in a market value sales of K1,053,565,740.