Three weeks into the final month of the year, after five consecutive weeks of recording trades on the bond market we revert back to our old pattern of not recording trades on the bond market, there were no bonds traded throughout the week. The equities market completely dominated the bond market recording a score of 100% to 0%.
This was the complete opposite this time last year, as the bond market completely dominated the equities side recording a 99% to 1%.
Equity Market
In the week ended 17th December 2021, a total of 2,306,367 shares were transacted in 261 trades, yielding a market turnover of K14,383,670. Trading activity was recorded in AFRICA EXPLOSIVES CORPORATION LIMITED, AIRTEL, BRITISH AMERICAN TOBACCO ZAMBIA, COPPERBELT ENERGY CORPORATION, INVESTRUST, LAFARGE, PUMA, REAL ESTATE INVESTMENT ZAMBIA, STANDARD CHARTERED ZAMBIA, SHOPRITE HOLDINGS, ZAMBEEF, ZAMBIAN BREWERIES, ZAMBIA METAL FABRICATORS, ZANACO, ZAMBIA SUGAR, ZAMBIA FORESTRY CORPORATION and CEC AFRICA on the quoted tier. The LuSE All Share Index (LASI) closed at 5,797.57 points. The market closed on a capitalization of K66,039,081,181 including Shoprite Holdings and K31,256,395,741 excluding Shoprite Holdings.
Bond Market
There were no bonds traded this week.
Week two of December remains the best performing week of the month thus far.