In the 4th week of October, a total of 9 companies had their securities being traded on the Lusaka Securities and Exchange trading floor.
Closing share prices for traded securities are shown below.
Monday 14th
On the opening day of trading in week 4 of October 2019, 5 trades recorded on the day with 5,981 shares being transacted, resulting in a market turnover of K6,077. A share price loss of K0.05 was recorded in Zambeef. Trading activity was also recorded in Copperbelt Energy Corporation. The LuSE All Share Index (LASI) closed at 4,369.84 points down by 0.08% from its previous close of 4,373.45 points. The market closed on a capitalization of K56,993,673,690 including Shoprite Holdings and K22,754,467,710 excluding Shoprite Holdings.
Tuesday 15th
In 38 trades recorded on day two of the week, 1,383,750 shares were transacted, resulting in a market turnover of K1,603,722. A share price loss of K0.01 was recorded in Copperbelt Energy Corporation. Trading activity was also recorded in Lafarge, PUMA, Standard Chartered Bank Limited, Zanaco, Zambia Sugar and CEC Africa on the quoted tier. The LuSE All Share Index (LASI) closed at 4,365.93 points down by 0.09% from its previous close of 4,369.84 points. The market closed on a capitalization of K56,977,423,685 including Shoprite Holdings and K22,738,217,705 excluding Shoprite Holdings.
Wednesday 16th
In midweek, 4 trades were recorded on the day, 4,400 shares were transacted, resulting in a market turnover of K5,962. Trading activity was also recorded in Copperbelt Energy Corporation and Standard Chartered Bank Limited. The LuSE All Share Index (LASI) maintained its previous close of 4,365.93 points as there was no price movement. The market remained on a capitalization of K56,977,423,685 including Shoprite Holdings and K22,738,217,705 excluding Shoprite Holdings.
Thursday 17th
In 9 trades recorded on Thursday which was the final day of the trading week, 8,162,500 shares were transacted, resulting in a market turnover of K64,565,576. A share price loss of K0.08 was recorded in Zambia Breweries. Trading activity was also recorded in AEL Zambia and Lafarge. The LuSE All Share Index (LASI) closed at 4,355.43 points down by 0.24% from its previous close of 4,365.93 points. The market remained on a capitalization of K56,933,743,685 including Shoprite Holdings and K22,694,537,705 excluding Shoprite Holdings.
Friday 18th
No trades on the day.
Weekly trading outlook
Week 3 in October 2019 is by far the strongest trading week for the month.