[2008-06-09]  LuSE turnover increases as index fall
OVER 3,314,761 shares were transacted in 157 trades resulting in an increased turnover of K4.84 billion from K2.17 billion despite a decline in the index.
This is in comparison with 2,092,254 shares that changed hands in 104 trades yielding K2.17 billion turnover the previous week.

However, the Lusaka Stock Exchange all share index closed last week at 4,043.45 points down by 0.46 per cent from 4,062.00 points in the week ending May 30, 2008.

According to Lusaka Stock Exchange (LuSE) weekly news update for June 6, Zambeef Products accounted for the bulk of total turnover recording K3.39 billion followed by Zambia Sugar with K1.28 billion.

Trading activity occurred in 14 listed stocks including African Explosives Limited (AELZ), National Breweries, British American Tobacco, Zambia Sugar, BP Zambia, Investrust Bank and Zambeef Products.

Trading activity also occurred in CEC, Lafarge Cement Zambia, Pamodzi, Standard Chartered Bank, Zamefa, Zambian Breweries and Bata.

In terms of pricing, AEL Zambia and National Breweries dropped K100 each and closed at K1, 900 and K8, 000.

British American Tobacco lost K150 closing at K1, 850, Zambia Sugar closed at K497 down by K2.00 and BP dropped to K800 from K810, Investrust Bank posted a K0.01 gain closing at K50 and Zambeef Products gained by K50 closing at K6, 950.



Source: © 2005 Zambia Daily Mail.