In the first week of September 2023, we take a look at how the bond market and equity market performed against each other on the Lusaka Securities Exchange. The Bond market recorded a 100% score to 0% on the equities side, which is a complete replica of last years performance.
Equity Market
In the week ended 8th September 2023, a total of 231,838 shares were transacted in 325 trades, yielding a market turnover of K1,311,720.91. Trading activity was recorded AIRTEL NETWORKS ZAMBIA, COPPERBELT ENERGY CORPORATION ZAMBIA, CHILANGA CEMENT, TAJ PAMDOZI HOTELS, PUMA ENERGIES, STANDARD CHARTERED BANK LIMITED, ZAMBEEF, ZAMBIAN BREWERIES, ZAMBIA METAL FABRICATORS, ZANACO, ZAMBIA SUGAR and CEC AFRICA INVESTMENTS on the quoted tier. The LuSE All Share Index (LASI) closed at 9,114.43 points. The market closed on a capitalization of K80,605,094,150.65 including Shoprite Holdings and K45,822,408,710.65 excluding Shoprite Holdings.
Bond Market
Bonds of total face value of K1,725,313,000 were transacted in 90 trades, resulting in a market value of K1,031,668,010.
