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Home Opinion Economy

Weekly Stock Market Review (2nd to 6th January 2023)

Elizabeth Monga by Elizabeth Monga
January 25, 2023
Reading Time: 2 mins read
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Weekly Stock Market Review (19th to 23rd December 2022)

In the first week of January 2023, there were fourteen companies that recorded trades of which AECI Mining was the highest priced security. Tuesday was the best performing day of the week. Trading activity was recorded in AECI MINING EXPLOSIVES, AIRTEL NETWORKS, BATA, COPPERBELT ENERGY CORPORATION ZAMBIA, CHILANGA CEMENT, INVESTRUST BANK, NATIONAL BREWERIES, PUMA ENERGY, STANDARD CHARTERED BANK LIMITED, ZAMBIAN BREWERIES, ZAMBIA FORESTRY and FOREST CORPORATION, ZAMBEEF, ZANACO and ZAMBIA SUGAR as well as CEC AFRICA INVESTMENTS on the quoted tier. The LuSE All Share Index (LASI) closed at 7,355.71 points. The market closed on a capitalization of K72,949,783,684.85 including Shoprite Holdings and K38,167,098,244.85 excluding Shoprite Holdings.

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Monday 2nd

There were no trades recorded today. The LuSE All Share Index (LASI) maintained its close at 7,337.79 points. The market closed on a capitalization of 72,871,783,684.85 including Shoprite Holdings and K38,089,098,244.85 excluding Shoprite Holdings.

Tuesday 3rd

In 50 trades recorded today, 23,889 shares were transacted resulting in a turnover of K65,610.12. Trading activity was recorded in COPPERBELT ENERGY CORPORATION ZAMBIA, INVESTRUST BANK, NATIONAL BREWERIES, PUMA ENERGY, STANDARD CHARTERED BANK LIMITED, CHILANGA CEMENT, ZAMBEEF, ZAMBIA SUGAR and CEC AFRICA INVESTMENTS on the quoted tier. The LuSE All Share Index (LASI) maintained its close at 7,337.79 points. The market closed on a capitalization of 72,871,783,684.85 including Shoprite Holdings and K38,089,098,244.85 excluding Shoprite Holdings.

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Wednesday 4th

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In 30 trades recorded today, 15,037 shares were transacted resulting in a turnover of K47,948.70. Trading activity was recorded in COPPERBELT ENERGY CORPORATION ZAMBIA, INVESTRUST BANK, NATIONAL BREWERIES, PUMA ENERGY, STANDARD CHARTERED BANK LIMITED, CHILANGA CEMENT, ZAMBEEF, ZAMBIA SUGAR and CEC AFRICA INVESTMENTS on the quoted tier. The LuSE All Share Index (LASI) maintained its close at 7,337.79 points. The market closed on a capitalization of 72,871,783,684.85 including Shoprite Holdings and K38,089,098,244.85 excluding Shoprite Holdings.

Thursday 5th

In 50 trades recorded today, 16,887 shares were transacted resulting in a turnover of K38,836.08. A share price gain of K0.75 was recorded in AIRTEL NETWORKS. Trading activity was recorded in BATA, COPPERBELT ENERGY CORPORATION ZAMBIA CHILANGA CEMENT, PUMA ENERGY, STANDARD CHARTERED BANK LIMITED, ZAMBEEF, ZANACO, ZAMBIA SUGAR and CEC AFRICA INVESTMENTS on the quoted tier. The LuSE All Share Index (LASI) closed at 7,355.71 points, up from its previous close at 7,337.79 points. The market closed on a capitalization of K72,949,783,684.85 including Shoprite Holdings and K38,167,098,244.85 excluding Shoprite Holdings.

Friday 6th  

In 24 trades recorded today, 6,774 shares were transacted resulting in a turnover of K14,664.10. Trading activity was recorded in ACEI MINING EXPLOSIVES, COPPERBELT ENERGY CORPORATION ZAMBIA, CHILANGA CEMENT, PUMA ENERGY, STANDARD CHARTERED BANK LIMITED, ZAMBIA SUGAR. The LuSE All Share Index (LASI) maintained its close at 7,355.71 points. The market closed on a capitalization of K72,949,783,684.85 including Shoprite Holdings and K38,167,098,244.85 excluding Shoprite Holdings.

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Elizabeth Monga

Elizabeth Monga

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