In the week that ended 2nd June 2023, the LuSE All Share Index also known as LASI closed the week with 8,234,48 points an All Share Index is an indication of how well a stock market is performing and shows the changing average value of the share prices of all companies on a stock market. In the battle of opposites between the bond and equity market the bond market dominated the equity market recording a 100% to 0% and a 99% score to 1% respectively.
Equity Market
In the week ended 2nd June 2023, a total of 301,668 shares were transacted in 506 trades, yielding a market turnover of K1,286,545.07. Trading activity was recorded AECI MINING EXPLOSIVES, AIRTEL NETWORKS, BRITISH AMERICAN TOBACCO ZAMBIA, COPPERBELT ENERGY CORPORATION ZAMBIA, CHILANGA CEMENT, MADISON FINANCIAL SERVICES, TAJ PAMDOZI, PUMA ENERGY, REAL ESTATE INVESTMENT ZAMBIA, STANDARD CHARTERED BANK LIMITED, ZAMBIAN BREWERIES, ZAMBIA FORESTRY and FOREST CORPORATION, ZAMBEEF, ZAMBIA METAL FABRICATORS, ZAMBIA REINSURANCE, ZANACO, and CEC AFRICA INVESTMENTS on the quoted tier. The LuSE All Share Index (LASI) closed at 8,234.48 points. The market closed on a capitalization of K76,774,869,878.90 including Shoprite Holdings and K41,992,184.438.90 excluding Shoprite Holdings.
Bond Market
Bonds of total face value of K232,240,000 were transacted in 40 trades, resulting in a market value of K177,069,620.