In the final week of August 2023, we take a look at how the Capital market performed on the Lusaka Securities Exchange. In week five of August we see a 3% increase from last week is performance regarding the equities market while the bond market recorded a 97% score. In comparison to last years performance of 96% to 4% on the equity market.
Weekly Capital Market Report (28th August to 1st September 2023)
Equity Market
In the week ended 1st September 2023, a total of 902,934 shares were transacted in 252 trades, yielding a market turnover of K8,690,212.82. Trading activity was recorded AIRTEL NETWORKS, COPPERBELT ENERGY CORPORATION ZAMBIA, CHILANGA CEMENT, NATIONAL BREWERIES, PUMA ENERGY, STANDARD CHARTERED BANK LIMITED, ZAMBIAN BREWERIES, ZAMBIA FORESTRY and FOREST CORPORATION, ZAMBEEF, ZANACO, ZAMBIA SUGAR and CEC AFRICA INVESTMENTS on the quoted tier. The LuSE All Share Index (LASI) closed at 8,700.04 points. The market closed on a capitalization of K78,801,343,487.98 including Shoprite Holdings and K44,018,658,047.98 excluding Shoprite Holdings.
Bond Market
Bonds of total face value of K435,643,000 were transacted in 70 trades, resulting in a market value of K270,231,930.