Three weeks into May 2021 trading on the Lusaka Stock Exchange and once again the capital market is quite mundane as there is still no movement on the equities market that would make a significant change. The equities Market was completely dominated by bond market as the bond market recorded a score of 100% to 0% in comparison to the third week of May 2020 which recorded a 97% to 0% on the equities market.
Equity Market
In the week ended 21st May 2021, a total of 139,748 shares were transacted in 123 trades, yielding a market turnover of K234,670. Trading activity was recorded in AFRICA EXPLOSIVES LIMITED ZAMBIA, BATA, COPPERBELT ENERGY CORPORATION, INVESTRUST, LAFARGE, PUMA, ZAMBIAN BREWERIES, ZAMBIA METAL FABRICATORS, ZANACO, ZAMBIA SUGAR and FIRST QUANTUM MINING. The LuSE All Share Index (LASI) closed at 4,168.62 points.
Bond Market
Bonds of total face value of K8,559,924,000 were transacted in 46 trades, resulting in a market value sales of K5,669,819,000.
Week three has been the best performing week thus far.
Important announcements