In the second week of 2021 bond trading on the LuSE, there was little trading activity on the bond market as only two days recorded trades even with little trading activity the bond market dominated the equities market recording a 79% to 21%. Looking back at the second week of 2020 we can see a huge difference as it was completely dominated by the bond market.
STANDARD CHARTERED ZAMBIA, CEC ZAMBIA, and LAFARGE continue to recorded negative Earnings Per Share as well as Price Earnings they are losing revenue.
Equity Market
In the week ended 15th January 2021, a total of 979,214 shares were transacted in 60 trades, yielding a market turnover of K941,903. Trading activity was recorded in CEC ZAMBIA, LAFARGE, PUMA, STANDARD CHARTERED ZAMBIA, ZANACO and ZAMBIA SUGAR. The Index (LASI) closed at 3,912.33 points. The market closed on a capitalization of K57,358,966,682 including Shoprite Holdings and K23,119,760,702 excluding Shoprite Holdings.
Bond Market
Bonds of total face value of K6,294,000 were transacted in 8 trades, resulting in a market value sales of K3,545,000.
Important accouchements
In compliance with the requirements of the Securities Act No 41 of 2016 and the Listing Rules of Lusaka Securities
Exchange, Pamodzi Hotels Plc, announces the unaudited financial results for the half year ended 30th
September, 2020.
Shareholders of ZCCM Investments Holdings Plc (“ZCCM-IH”) are referred to the announcement dated 23 May
2019, concerning the filing by ZCCM-IH of a petition in the High Court of Zambia for the winding up of Konkola
Copper Mines PLC (“KCM”) on 21 May 2019 (the “Petition”), the appointment by the Court of Mr Milingo Lungu
as provisional liquidator of KCM (the “Provisional Liquidator”) and the legal proceedings commenced in the
High Court of South Africa and applications made to the Zambian High Court by Vedanta Resources Limited and
Vedanta Resources Holdings Limited (together “Vedanta”).