Two weeks into the month of September, 2022 trading on the Lusaka Stock Exchange. The bond Market continues to hold its glory as it recorded a 100% to 0% on the equities market, which is the complete opposite as this time last year it was the equities market that recorded a 100% score.
Equity Market
In the week ended 09th September 2022, a total of 390,705 shares were transacted in 334 trades, yielding a market turnover of K2,546,455. Trading activity was recorded in AECI MINING EXPLOSIVES, BATA, BRITISH AMERICAN TOBACCO ZAMBIA, COPPERBELT ENERGY CORPORATION ZAMBIA, CHILANGA CEMENT, MADISON FINANCIAL SERVICES, TAJ PAMODZI HOTELS, PUMA ENERGY, STANDARD CHARTERED ZAMBIA, ZAMBEEF, ZAMBIAN BREWERIES, ZAMBIA METAL FABRICATORS, ZANACO, ZAMBIA SUGAR, ZAMBIA FORESTRY CORPORATION and CEC AFRICA INVESTMENT on the quoted tier. The LuSE All Share Index (LASI) closed at 7,058.84 points. The market closed on a capitalization of K71,657,558,044 including Shoprite Holdings and K36,874,872,604 excluding Shoprite Holdings.
Bond Market
Bonds of total face value of K1,522,609,000 were transacted in 72 trades, resulting in a market value sales of K1,010,689,070.