As we enter the fourth and final quarter of the year, the second week of October 2020 bond trading on the LuSE is a complete replica of week one. As it recorded a 99% on the bond market to 1% on the equities side. Hoping for a turn around in the weeks to come.
In the week ended 9th October 2020, a total of 46,120 shares were transacted in 43 trades, yielding a market turnover of K215,922. Trading activity was recorded in AFRICA EXPLOSIVES LIMITED ZAMBIA, LAFARGE, STANDARD CHARTERED ZAMBIA, METAL FABRICATORS OF ZAMBIA, ZANACO and ZAMBIA CONSOLIDATED COPPER MINES. The Index (LASI) closed at 3,811.75 points. The market closed on a capitalization of K55,896,157,023 including Shoprite Holdings and K21,656,951,043 excluding Shoprite Holdings.
During the week, bonds of total face value of K22,894,000 were transacted in 24 trades, yielding a market value sales of K15,943,000. Week two has outperformed week one of Octobers’ 2020 bond trading in terms of Face value, Sales as well as Trades.
BRITISH AMERICAN TOBACCO (ZAMBIA) PLC
Due to the advent of the COVID pandemic, we have embarked on exercise to ensure that we have up-to-date contact details for our registered shareholders. To enhance effective communication and distribution of dividend payments, shareholders are kindly requested to update their bank account and address details (email, telephone, physical address, etc.) through our Share Transfer Secretary –ShareTrack Zambia.
First Quantum Minerals Limited
Toronto, Ontario (October 5, 2020) – First Quantum Minerals Ltd. (“FQM” or the “Company”) (TSX: FM) will release third quarter 2020 financial and operating results on Wednesday October 28, 2020 after the close of the Toronto Stock Exchange. The Company will host a conference call and webcast to discuss the results on Thursday October 29, 2020 at 9:00 am (EDT)
Leave a Reply