In the final week of March 2022, trading on the Lusaka Stock Exchange. Yet another week of the bond market dominating the equities market, this week the bond market recorded a score of 99% to 1% on the equities side. Bata Plc had the highest Earnings Per Share throughout the week, Earnings Per Share are profits calculated by a company security per outstanding share of stock.
Equity Market
In the week ended 01st April 2022, a total of 733,816 shares were transacted in 480 trades, yielding a market turnover of K2,026,829. Trading activity was recorded in AFRICA EXPLOSIVES CORPORATION LIMITED, AIRTEL, BATA, COPPERBELT ENERGY CORPORATION, CHILANGA CEMENT, NATIONAL BREWERIES, PAMDOZI, PUMA, STANDARD CHARTERED ZAMBIA, ZAMBEEF, ZAMBIAN BREWERIES, ZAMBIA METAL FABRICATORS, ZANACO, ZAMBIA CONSOLIDATED COPPER MINES, ZAMBIA SUGAR, ZAMBIA FORESTRY CORPORATION, FIRST QUANTUM MINING ZAMBIA and CEC AFRICA on the quoted tier. The LuSE All Share Index (LASI) closed at 6,847.50 points. The market closed on a capitalization of K70,620,505,530 including Shoprite Holdings and K35,837,820,090 excluding Shoprite Holdings.
Bond Market
Bonds of total face value of K242,795,000 were transacted in 7 trades, resulting in a market value sales of K168,778,240.