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Home Opinion Economy

Weekly Stock Market Review (9th to 13th January 2023)

Elizabeth Monga by Elizabeth Monga
January 28, 2023
Reading Time: 2 mins read
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Weekly Stock Market Review (19th to 23rd December 2022)

 In the second week of January 2023, trading on the Lusaka Securities Exchange. There were fourteen company securities that recorded trades of which AECI Mining Explosives was the highest priced. Fridays’ equity trading was the best performance of the week. Trading activity was recorded in AECI MINING EXPLOSIVES, AIRTEL NETWORKS, BATA, COPPERBELT ENERGY CORPORATION ZAMBIA, CHILANGA CEMENT, MADISON FINANCIAL SERVICES, NATIONAL BREWERIES, PUMA ENERGY, STANDARD CHARTERED BANK LIMITED, ZAMBIAN BREWERIES, ZAMBEEF, ZANACO and ZAMBIA SUGAR as well as CEC AFRICA INVESTMENTS on the quoted tier. The LuSE All Share Index (LASI) closed at 7,233.16 points. The market closed on a capitalization of K72,416,350,084.85 including Shoprite Holdings and K37,633,664,644.85 excluding Shoprite Holdings.

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Monday 9th

In 270 trades recorded today, 3,373,789 shares were transacted resulting in a turnover of K5,543,602.76. A share price gain of K0.01 was recorded in ZAMBIAN BREWERIES. Trading activity was recorded in AIRTEL NETWORKS, COPPERBELT ENERGY CORPORATION ZAMBIA, CHILANGA CEMENT, MADISON FINANCIAL SERVICES, NATIONAL BREWERIES, PUMA ENERGY, STANDARD CHARTERED BANK LIMITED, ZAMBEEF, ZANACO, and ZAMBIA SUGAR. The LuSE All Share Index (LASI) closed at 7,356.97 points up by 0.02% from its previous close of 7,355.71. The market closed on a capitalization of K72,955,243,684.85 including Shoprite Holdings and K38,172,558,244.85 excluding Shoprite Holdings.

Tuesday 10th

In 79 trades recorded today, 57,814 shares were transacted resulting in a turnover of K178,400.13.  Trading activity was recorded in COPPERBELT ENERGY CORPORSTION ZAMBIA, CHILANGA CEMENT, PUMA ENERGY, STANDARD CHARTERED BANK LIMITED, ZANACO and ZAMBIA SUGAR. The LuSE All Share Index (LASI) maintained its close at 7,356.97 points. The market closed on a capitalization of K72,955,243,684.85 including Shoprite Holdings and K38,172,558,244.85 excluding Shoprite Holdings.

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Wednesday 11th

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In 78 trades recorded today, 2,422,846 shares were transacted resulting in a turnover of K3,717,115.89. A share price loss of K0.22 was recorded in STANDARD CHARTERED BANK LIMITED. Trading activity was recorded in BATA, COPPERBELT ENERGY CORPORATION ZAMBIA, CHILANGA CEMENT, PUMA ENERGY, STANDARD CHARTERED BANK LIMITED, ZANACO, ZAMBIA SUGAR and CEC AFRICA INVESTMENTS on the quoted tier. The LuSE All Share Index (LASI) closed at 7,272.72 points down by 1.15% from its previous close of 7,356.97 points. The market closed on a capitalization of K72,588,508,084.85 including Shoprite Holdings and K37,805,822,644.85 excluding Shoprite Holdings.

Thursday 12th

 In 19 trades recorded today, 2,396 shares were transacted resulting in a turnover of K10,138.30. A share price loss of K0.01 was recorded in ZAMBIAN BREWERIES. Trading activity was recorded in COPPERBELT ENERGY CORPORATION ZAMBIA, CHILANGA CEMENT, ZAMBEEF and ZAMBIA SUGAR. The LuSE All Share Index (LASI) closed at 7,271.46 points down by 0.02% from its previous close of 7,272.72 points. The market closed on a capitalization of K72,583,048,084 including Shoprite Holdings and K37,800,362,644.85 excluding Shoprite Holdings.

Friday 13th

In 86 trades recorded today, 17,178,034 shares were transacted resulting in a turnover of K17,346,387.45. A share price loss of K0.10 was recorded in STANDARD CHARTERED BANK LIMITED. A share price loss of K0.03 was recorded in CEC AFRICA INVESTMENTS on the quoted tier. Trading activity was recorded in AECI MINING EXPLOSIVES, COPPERBELT ENERGY CORPORATION ZAMBIA, CHILANGA CEMENT, ZAMBEEF and ZANACO. The LuSE All Share Index (LASI) closed at 7233.16 points down by 0.53% from its previous close of 7,271.46 points. The market closed on a capitalization of K72,416,350,084.85 including Shoprite Holdings and K37,633,664,644.85 excluding Shoprite Holdings.

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Elizabeth Monga

Elizabeth Monga

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