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Home Opinion Economy

Weekly Stock Market Review (2nd to 6th November 2020)

Elizabeth Monga by Elizabeth Monga
November 7, 2020
Reading Time: 2 mins read
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In the first week of the month of November 2020 trading on the LuSE, nine companies’ securities recorded trades. Only four days recorded trades of which Wednesdays’ equities trading was the best performance of the week. Trading activity was recorded AEL ZAMBIA, AIRTEL, CEC ZAMBIA, STANDARD CHARTERED ZAMBIA, LAFARGE, ZANANCO, ZAMBIAN BREWERIES and ZAMBIA SUGAR.

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Monday 2nd  

In 9 trades recorded today, 8,777 shares were transacted yielding a market turnover of K8,187. Trading activity was recorded in AIRTEL, CEC ZAMBIA, ZAMBIA BREWERIES, ZANACO and CEC AFRICA on the quoted tier. The LuSE All Share Index (LASI) maintained its close at 3,809.22 points, as there were no share price movements. The market closed on a capitalization of K57,090,342,990 including Shoprite Holdings and K22,851,137,010 excluding Shoprite Holdings.        

Tuesday 3rd

There were no trades recorded today. The LuSE All Share Index (LASI) maintained its close at 3,809.22 points, as there were no share price movements. The market closed on a capitalization of K57,090,342,990 including Shoprite Holdings and K22,851,137,010 excluding Shoprite Holdings.

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Wednesday 4th  

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In 48 trades recorded today, 1,739,798 shares were transacted yielding a market turnover of K787,349. Share price losses were recorded in CEC ZAMBIA of K0.03, STANDARD CHARTERED ZAMBIA of K0.01, and ZANACO of K.011. Trading activity was also recorded in AEL ZAMBIA, LAFARGE, and ZAMBEEF. The LuSE All Share Index (LASI) closed at 3,757.83 points, 1.37% down from its previous close of 3,809.22 points, as there were no share price movements. The market closed on a capitalization of K56,866,110,668  including Shoprite Holdings and K22,626,904,688  excluding Shoprite Holdings.

Thursday 5th  

In 29 trades recorded today, 11,767 shares were transacted yielding a market turnover of K31,118. Trading activity was recorded in AEL ZAMBIA, CEC ZAMBIA, LAFARGE, STANDARD CHARTERED ZAMBIA, ZAMBIAN BREWERERIES and ZAMBEEF. The LuSE All Share Index (LASI) maintained its close at 3,757.83 points, as there were no share price movements. The market closed on a capitalization of K56,866,110,668 including Shoprite Holdings and K22,626,904,688 excluding Shoprite Holdings.

 Friday 6th 

In 4 trades recorded today, 14,351 shares were transacted yielding a market turnover of K36,790. A share price gain of K0.04 was recorded in ZAMBIA SUGAR. Trading activity was also recorded in AIRTEL and LAFARGE. The LuSE All Share Index (LASI) closed at 3,760.73 points, 0.08% up from its previous close of 3,757.83 points. The market closed on a capitalization of K56,878,773,523 including Shoprite Holdings and K22,639,567,543 excluding Shoprite Holdings.

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Elizabeth Monga

Elizabeth Monga

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