In the battle of opposite, in the fourth week of April the bond market once again completely dominates the equities market recording a score of 100% to 0%, in comparison to week 4 of 2020 which recorded a 3% on the equities market to 97% on the bond market. Companies securities continue to record negative earnings.
A recap of March is trading activity shows that 533 trades were recorded in the month of March, a total of 4.95 million shares were transacted on the equities market, resulting in a market turnover of K32.02 million on the equities market while on the bond market Bonds of total face value of K4.24 billion were transacted in 100 trades, resulting in a Bond turnover of K2.03 billion.
Equity Market
In the week ended 23rd April 2021, a total of 593,270 shares were transacted in 202 trades, yielding a market turnover of K700,905. Trading activity was recorded in AEL ZAMBIA, CEC ZAMBIA, LAFARGE, PUMA, ZAMBEEF, ZANACO, ZAMBIA FORESTRY and FOEST CORPORATION and FIRST QUANTUM MINING. The Index (LASI) closed at 4,089.24 points. The market closed on a capitalization of K58,136,342,799 including Shoprite Holdings and K23,891,702,025 excluding Shoprite Holdings.
Bond Market
Bonds of total face value of K436,843,000 were transacted in 34 trades, resulting in a market value sales of K189,680,340.
Week two of April Bond trading remains the best performing week of the month of April.
Important announcements
STANDARD CHARTERD BANK ZAMBIA PLC
The financial statements have been prepared in accordance with International Financial Reporting
Standards (IFRS), and the requirements of the Companies Act no. 10 of 2017, the Banking and Financial
Services Act and the Securities Act of Zambia.