Weekly Stock Market Review (31st August to 4th September 2020)
Economy, Opinion

In the final week of the month of August and beginning of September 2020 trading on the LuSE, Seven companies’ securities recorded trades. Tuesdays’ equities trading was the best performance of the week. Trading activity was recorded AEL ZAMBIA, CEC ZAMBIA, LAFARGE, ZANACO, ZAMBEEF, ZAMBIA FORESTRY and FOREST CORPORATION and ZAMBIAN BREWERIES.

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Monday 31st August

There were no trades recorded today. The LuSE All Share Index (LASI) maintained its close at 3,842.39 points, as there were no share price movements. The market closed on a capitalization of K55,545,036,766 including Shoprite Holdings and K21,305,830,786 excluding Shoprite Holdings.

Tuesday 1st September

In 28 trades recorded today, 1,045,956 shares were transacted yielding a market turnover of K531,000. Trading activity was recorded in AEL ZAMBIA, CEC ZAMBIA, LAFARGE, ZAMBIAN BREWERIES, ZANACO and ZAMBIA FORESTRY and FOREST CORPORATION. The LuSE All Share Index (LASI) maintained its close at 3,842.39 points, as there were no share price movements. The market closed on a capitalization of K55,545,036,766 including Shoprite Holdings and K21,305,830,786 excluding Shoprite Holdings.

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Wednesday 2nd September

In 5 trades recorded today, 408 shares were transacted yielding a market turnover of K2,950. Trading activity was recorded in ZAMBIA BREWERIES. The LuSE All Share Index (LASI) maintained its close at 3,842.39 points, as there were no share price movements. The market closed on a capitalization of K55,545,036,766 including Shoprite Holdings and K21,305,830,786 excluding Shoprite Holdings.

Thursday 3rd September

There were no trades recorded today. The LuSE All Share Index (LASI) maintained its close at 3,842.39 points, as there were no share price movements. The market closed on a capitalization of K55,545,036,766 including Shoprite Holdings and K21,305,830,786 excluding Shoprite Holdings.

Friday 4th September

In 12 trades recorded today, 3,249 shares were transacted yielding a market turnover of K4,602. A share price loss of K0.01 was recorded in COPPERBELT ENERGY CORPORATION. Trading activity was also recorded in LAFARGE, ZAMBIAN BREWERIES and ZAMBEEF. The LuSE All Share Index (LASI) closed at 3,838.66 points, 0.10% down from its previous close of 3,842.39 points. The market closed on a capitalization of K55,528,786,760 including Shoprite Holdings and K21,289,580,780 excluding Shoprite Holdings.

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