In a combined week of August and September 2022, the bond market eclipsed the equities market scoring a 96% to 4% and a 100% score. In regards to the equity market Zambia Sugar Plc recorded the highest turnover throughout the week.
Equity Market
In the week ended 02nd September 2022, a total of 852,860 shares were transacted in 472 trades, yielding a market turnover of K6,609,941. Trading activity was recorded in AECI MINING EXPLOSIVES, AIRTEL, BATA, CEC ZAMBIA, CHILANGA CEMENT, INVESTRUST BANK, MADSION FINANCIAL SERVICES, PUMA ENERGY, REAL ESTATE INTVESTMENT ZAMBIA, STANDARD CHARTERED BANK ZAMBIA, ZAMBIAN BREWERIES, ZAMBIA FORESTRY and FOREST CORPORATION, ZAMBEEF, ZAMBIA METAL FABRICATORS, ZANACO, ZAMBIA SUGAR and CEC AFRICA on the quoted tier. The LuSE All Share Index (LASI) closed at 7,043.67 points. The market closed on a capitalization of K71,591,525,541 including Shoprite Holdings and K36,808,8402,101 excluding Shoprite Holdings.
Bond Market
Bonds of total face value of K795,286,000 were transacted in 100 trades, resulting in a market value sales of K512,083,740.