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The Lusaka Securities Exchange (LuSE) closed June with a 31 percent year-to-date gain, as the All-Share Index reached 20,214.88 points.
Strong performances from Airtel Zambia, Metal Fabricators, AECI Mining, and others fuelled the rally.
Equity turnover hit K123 million in June, while retail investor activity via mobile trading apps set new records.
In a monthly newsletter issued on Thursday, LuSE Chief Executive Officer, Nicholas Kabaso, noted that other strong performers included Shoprite Holdings, Real Estate Investment Zambia REIT, Chilanga Cement and Zambia Forestry, among others.
“Equity market activity remained firm in June, with total turnover reaching K123 million, marking the fifth month in 2025 to surpass the K100 million threshold,” Kabaso said.
A total of 13 million shares were traded in over 6,000 transactions, bringing half-year turnover to K1.2 billion.
Retail investor participation through the mobile trading app continued to rise for the third consecutive month, with June recording an all-time high of K3 million in buy-side turnover and K442,000 in sell-side activity — a 17 percent month-on-month increase in purchases and over 100 percent growth in sales.
“Half-year cumulative turnover on the app now stands at K10 million on the buy side and K1 million on the sell side, already surpassing the entire 2024 buy-side figure of K6.5 million,” he added.
Key corporate actions during June included BATA’s release of its 2024 financial statements, Airtel’s Q1 interim results and a K2.61 per share interim dividend declaration, as well as Zambeef and ZCCM-IH publishing their financial reports.
Meanwhile, the secondary bond market experienced a 54 percent rise in trades to 226 in June, though overall face value and turnover dipped to K1.6 billion, down 21 percent and 12 percent respectively, driven largely by increased retail investor activity in smaller trades.
Kabaso expressed optimism for the local stock market, buoyed by solid equity gains, growing retail participation, and active corporate reporting.
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