In a combined week of July and August 2023, we take a look at how the capital market faired as it closed off July and started the month of August. The Bond market eclipsed the equity market recording a 100% score, this is a replica of the first week of August 2022 is performance. Regarding the equity market Copperbelt Energy Corporation recorded the highest turnover during the week.
Equity Market
In the week ended 4th August 2023, a total of 101,293 shares were transacted in 333 trades, yielding a market turnover of K379,881.96. Trading activity was recorded AECI MINING, COPPERBELT ENERGY CORPORATION ZAMBIA, CHILANGA CEMENT, TAJ PAMDOZI HOTELS, PUMA ENERGIES, REAL ESTATE INVESTMENT HOLDINGS ZAMBIA, 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 8,366.80 points. The market closed on a capitalization of K77,346,471,095.47 including Shoprite Holdings and K42,563,785,655.47 excluding Shoprite Holdings.
Bond Market
Bonds of total face value of K 1,626,901,000 were transacted in 117 trades, resulting in a market value of K1,055,670,780.
