Four weeks into the month of June 2021 bond trading on the Lusaka Stock Exchange, only one day recorded trades in the bond market which caused the equities market is performance to drop by 86% from the previous week this depicts the magnitude of the bond market. As it recorded an 86% to 14% on the equities market, in comparison to week four of June 2020 which recorded a 99% on the bond market to 1% on the equities side.
Equity Market
In the week ended 25th June 2021, a total of 3,818,894 shares were transacted in 173 trades, yielding a market turnover of K10,113,497. Trading activity was recorded in AFRICA EXPLOSIVES LIMITED ZAMBIA, AIRTEL, BATA, BRITISH AMERICAN TOBACCO ZAMBIA, COPPERBELT ENERGY CORPORATION, LAFARGE, NATIONAL BREWERIES, PAMDOZI, ZAMBIA REINSURANCE, PUMA, REAL ESTATE INVESTMENT ZAMBIA, STANDARD CHARTERED ZAMBIA, SHOPRITE HOLDINGS, ZAMBEEF, ZAMBIAN BREWERIES, ZANACO, ZAMBIA CONSOLIDATED COPPER MINES, ZAMBIA SUGAR, ZAMBIA FORESTRY and FOREST CORPORATION and FIRST QUANTUM MINERALS. The Index (LASI) closed at 4,424.92 points. The market closed on a capitalization of K59,514,539,889 including Shoprite Holdings and K25,269,899,115 excluding Shoprite Holdings.
Bond Market
Bonds of total face value of K121,492,000 were transacted in 6 trades, resulting in a market value sales of K69,187,000.
Week one remains the best performing week thus far.
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