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Home Opinion Economy

Weekly Capital Market Review (8th to 12th November 2021)  

Elizabeth Monga by Elizabeth Monga
November 19, 2021
Reading Time: 1 min read
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Two weeks into the month of November Bond trading on the Lusaka Stock Exchange. Yet another week of bonds not being recorded this leaves the equities market completely dominating the bond market with a score of 100% on capital markets. Hoping for a turnaround in the weeks to come before the close of the final quarter of the year.

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During the week Zambia Consolidated Copper Mines recorded the highest Market Capityalisation.

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Equity Market   In the week ended 12th November 2021, a total of 5,885,879 shares were transacted in 315 trades, yielding a market turnover of K8,646,090. Trading activity was recorded in BATA, BRITISH AMERICAN TOBACCO ZAMBIA, COPPERBELT ENERGY CORPORATION, INVESTRUST, LAFARGE, MADISON FINANCIAL SERVICES, PAMDOZI, ZAMBIA REINSURANCE, PUMA, STANDARD CHARTERED ZAMBIA, ZAMBEEF, ZAMBIAN BREWERIES, ZAMBIA METAL FABRICATORS, ZANACO, ZAMBIA CONSOLIDATED COPPER MINES, ZAMBIA SUGAR, ZAMBIA FORESTRY and FOREST CORPORATION, FIRST QUANTUM MINING and CEC AFRICA on the quoted tier. The LuSE All Share Index (LASI) closed at 5,410.64 points. The market closed on a capitalization of K64,350,687,141 including Shoprite Holdings and K29,568,001,701 excluding Shoprite Holdings.

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Bond Market 

There were no bonds traded this week.

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