In the fifth week of April 2021 bond trading on the LuSE, we see the fifth week of trades on the equities market as the best performing for the month. Bonds of total face Value of K296,000,000 were transacted in 3 trades, resulting in a market value of K126,556,000. The second week on the bond trading was the best performing week of the rest of the month. Once again we revert to our pattern of the bond market completely dominating the equities market recording a 99% on the bond market to 1% on the equities market which is a complete replica of week five of April 2020.
SHOPRITE CAPITAL HOLDINGS has the highest Market Capitalization in the fifth week of April.
Equity Market
In the week ended 30th April 2021, a total of 385,145 shares were transacted in 118 trades, yielding a market turnover of K 1,685,835. Trading activity was recorded in AEL ZAMBIA, BATA, BAT ZAMBIA, CEC ZAMBIA, LAFARGE, NATIONAL BREWERIES, PAMODZI, STANDARD CHARTERED ZAMBIA, SHOPRITE, ZANACO, ZAMBIA CONSOLIDATED COPPER MINES and FIRST QUANTUM MINING. The Index (LASI) closed at 4,109.31 points. The market closed on a capitalization of K58,095,257,985 including Shoprite Holdings and K23,850,617,211 excluding Shoprite Holdings.
Bond Market
Bonds of total face value of K296,000,000 were transacted in 3 trades, resulting in a market value sales of K126,556,000.
The second week was the best performing week of the week month of April, in terms of Total Face Value, Sales as well as number of Trades.
Important announcements
First Quantum Minerals Limited
“Our operations performed very well with Cobre Panama delivering record quarterly production. Our Zambian business delivered in line with plan despite the heavy rains experienced in the quarter. With our continued low costs and the strong copper price, we generated significant cash flow, which in turn, enabled us to further reduce our debt level,” commented Philip Pascall,
Notice is hereby, given that the 59th Annual General Meeting of the shareholders of Zambia Bata Shoe Company PLC
will be held virtually on the 21st May 2021 at 10:00 hours. Shareholders can join using information provided at the end
of the Notice below.