The month of October 2019 came to an end in what can only be described as evidence of the inverse relationship between the Zambian Corporate Bond and Equity markets with sales on the LuSE equity market-dominating for the first time in 2019 taking 64% of the total capital market sales during the month.
Monday 28th October
In 11 trades recorded yesterday, 184,701 shares were transacted, resulting in a market turnover of K168,202. Trading activity was recorded in Copperbelt Energy Corporation, Real Estate Investments Zambia and Zambeef. The LuSE All Share Index (LASI) closed at 4,330.56 points down by 0.50% from its previous close of 4,352.11 points. The market closed on a capitalization of K56,846,537,472 including Shoprite Holdings and K22,607,331,492 excluding Shoprite Holdings.
Tuesday 29th October
In 36 trades recorded yesterday, 19,910 shares were transacted, resulting in a market turnover of K61,582. Trading activity was recorded in Copperbelt Energy Corporation, PUMA, Real Estate Investments Zambia, Standard Chartered Bank Limited, Zambeef and Zambia Sugar. The LuSE All Share Index (LASI) maintained its previous close of 4,330.56 points as there were no price movements. The market remained on a capitalization of K56,846,537,472 including Shoprite Holdings and K22,607,331,492 excluding Shoprite Holdings.
Wednesday 30th October
In 7 trades recorded yesterday, 2,466 shares were transacted, resulting in a market turnover of K5,135. Trading activity was recorded in Copperbelt Energy Corporation, Real Estate Investments Zambia and Standard Chartered Bank Limited. The LuSE All Share Index (LASI) maintained its previous close of 4,330.56 points as there were no price movements. The market remained on a capitalization of K56,846,537,472 including Shoprite Holdings and K22,607,331,492 excluding Shoprite Holdings.
Thursday 31st October
In 8 trades recorded yesterday, 2,370 shares were transacted, resulting in a market turnover of K2,918. Trading activity was recorded in Airtel, Copperbelt Energy Corporation, Zambeef and Zanaco. The LuSE All Share Index (LASI) maintained its previous close of 4,330.56 points as there were no price movements. The market remained on a capitalization of K56,846,537,472 including Shoprite Holdings and K22,607,331,492 excluding Shoprite Holdings.
Friday 1st November
In 5 trades recorded today, 2,729 shares were transacted, resulting in a market turnover of K2,797. Trading activity was recorded in CEC, LAFA, PUMA, ZMBF and ZNCO. The LuSE All Share Index (LASI) closed at 4,312.77 points down by 0.41% from its previous close of 4,330.56 points. The market closed on a capitalization of K56,756,287,458 including Shoprite Holdings and K22,517,081,478 excluding Shoprite Holdings.
Weekly Performance
The following chart shows the performance of the equity market over the 5 weeks of October.