In the second week of trading in October, a total of 7 companies traded on the LUSE. The chart below shows the closing share prices for traded equities in a week that was stronger than the opening week of the month.
Monday 7th
Week 2 of October 2019 opened with 85 shares being transacted, yielding a market turnover of K112. Trading activity was recorded in Copperbelt Energy Corporation. The LuSE All Share Index (LASI) maintained its previous close of 4,397.61 points as there were no price movements. The market remained on a capitalization of K57,109,173,694 including Shoprite Holdings and K22,869,967,714 excluding Shoprite Holdings.
Tuesday 8th
In 20 trades recorded on the second day of trading, 18,049 shares were transacted, yielding a market turnover of K9,192. Trading activity was recorded in Copperbelt Energy Corporation and CEC Africa on the quoted tier. The LuSE All Share Index (LASI) maintained its previous close of 4,397.61 points as there were no price movements. The market remained on a capitalization of K57,109,173,694 including Shoprite Holdings and K22,869,967,714 excluding Shoprite Holdings.
Wednesday 9th
There were no trades yesterday in mid-week. The LuSE All Share Index (LASI) maintained its previous close of 4,397.61 points as there were no price movements. The market remained on a capitalization of K57,109,173,694 including Shoprite Holdings and K22,869,967,714 excluding Shoprite Holdings.
Thursday 10th
In 44 trades recorded on the day, 322,443 shares were transacted, resulting in a market turnover of K2,542,060. A share price gain of K0.10 was posted in Zambeef while Copperbelt Energy Corporation recorded a loss of K0.01. Trading activity was also recorded in PUMA, Zambia Breweries and Zanaco. The LuSE All Share Index (LASI) closed at 4,400.93 points up by 0.08% from its previous close of 4,397.61 points. The market closed on a capitalization of K57,122,981,649 including Shoprite Holdings and K22,883,775,669 excluding Shoprite Holdings.
Friday 11th
In 57 trades were recorded on the final day of trading in week 2 with 1,062,721 shares transacted, resulting in a market turnover of K719,127. A share price gain of K0.01 was posted in CEC while ZMBF and ZNCO recorded losses of K0.05 and K0.08 respectively. Trading activity was also recorded in Standard Chartered Bank and Zambia Sugar. The LuSE All Share Index (LASI) closed at 4,373.45 points down by 0.63% from its previous close of 4,400.93 points. The market closed on a capitalization of K57,008,702,671 including Shoprite Holdings and K22,769,496,691 excluding Shoprite Holdings.
The Chart below shows the progression of trading activity on the LUSE in October 2019.
