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Lusaka Stock Exchange reports 32 million shares transacted in January, posts K57.13 million as market turnover


A total of 32 million shares were transacted on the Lusaka Securities Exchange (LuSE) in the month of January resulting in a market turnover of K57.13 million.

This is according to the monthly bulletin produced by the LuSE.

Read more : LuSE reports November inflation at 9.90%, as year 2022 closes with 24.9m shares traded

It indicated that 1,623 trades were recorded in the month of January, stating that this included trading activity in Copperbelt Energy Corporation (CEC) Africa, which is trading as CCAF on the quoted tier.

Meanwhile, the LuSE All Share Index (LASI) closed the month at 7,217. 75 points, decreasing by 0.73 percent from its close in December2022.

It indicated that the market closed on a market capitalisation of K72.35 billion including Shoprite Holdings representing 0.72 percent decrease from its close in December 2022 and K37. 57 billion excluding Shoprite Holdings posting a 1.37 percent decline from its close the previous month.

Shoprite Holdings is a dual listed Security.

It indicated that annual rate of inflation for January 2023 was recorded at 9.94 percent.

The statement indicated that bonds of total face value of K5. 71 billion were transacted in 262 trades, resulting in a bond turnover of K3. 71 billion.

It stated that the market recorded a net inflow of US$418,410.

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