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Home Opinion Economy

Weekly Stock Market Review (13th to 17th January 2020

Elizabeth Monga by Elizabeth Monga
January 18, 2020
Reading Time: 2 mins read
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In the third week of January 2020 trading, ten companies’ securities were traded on the LuSE. Wednesdays equities trading recorded the highest turnover for the week.

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Monday 13th

    In 11 trades recorded today, 3,342 shares were transacted, yielding a market turnover of K26,021. There was a share price loss of K0.87 and trading activity in AEL ZAMBIA. Trading activity was also recorded in ZAMBIA SUGAR. The LuSE All Share Index (LASI) closed at 4,252.42 points, 0.10% down from its previous close of 4,256.69 points. The market closed on a capitalization of K56,505,322,076 including Shoprite Holdings and K22,266,116,096 excluding Shoprite Holdings.

Tuesday 14th

In 23 trades recorded today, 13,866 shares were transacted, yielding a market turnover of K8,883. Trading was recorded in FQM ZAMBIA, CEC ZAMBIA, STANDARD CHARTERED BANK LIMITED, ZAMBIA CONSOLIDATED COPPER MINES , ZMFA and ZANACO. The LuSE All Share Index (LASI) maintained its close of 4,252.42 points. The market closed on a capitalization of K56,505,322,077 including Shoprite Holdings and K22,266,116,097 excluding Shoprite Holdings.

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Wednesday 15th

In 55 trades recorded today, 27,005 shares were transacted, yielding a market turnover of K54,300. Share price gains of K0.87 in AEL ZAMBIA and K0.02 in LAFARAGE were recorded today. There was also trading activity in CEC ZAMBIA, STANDARD CHATERED BANK LIMITED, ZAMBIA BREWERIES, ZANACO and ZAMBIA SUGAR. The LuSE All Share Index (LASI) closed at 4,257.65 points, 0.12% higher than its previous close of 4,252.42 points. The market closed on a capitalization of K56,527,056,210 including Shoprite Holdings and K22,287,850,230 excluding Shoprite Holdings

 Thursday 16th

In 1 trade recorded today, 2,000 shares were transacted, yielding a market turnover of K1,000. Trading was recorded in ZANACO. The LuSE All Share Index (LASI) maintained its close of 4,257.65 points, as there were no share price movements. The market closed on a capitalization of K56,527,056,210 including Shoprite Holdings and K22,287,850,230 excluding Shoprite Holdings.

 

Friday 17th

In 8 trades recorded today, 2,062 shares were transacted, yielding a market turnover of K3,860. Trading was recorded in CEC ZAMBIA and LAFARGE. The LuSE All Share Index (LASI) maintained its close of 4,257.65 points, as there were no share price movements. The market closed on a capitalization of K56,527,056,210 including Shoprite Holdings and K22,287,850,230 excluding Shoprite Holdings.

 

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Elizabeth Monga

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