[2008-07-01]  LuSE records increase in both total turnover, trade
THE Lusaka Stock Exchange (LuSE) recorded an increase in both total turnover and trade, as the all share index closed last week at 4,180.66 points.

Total turnover amounted to K17.79 billion in 242 trades compared to the previous week’s K14.84 billion transacted in 210 trades.

The all share index closed last week down by 1.16 per cent from 4,229.52 points.

According to LuSE Weekly Stock News for June 27, trading was spread across most of the listed stocks and Zambia Bata Shoe Company on the quoted tier.

During the week under review, LuSE witnessed an increase in shares from 15,089,058 to 21,268,851 after changing hands in 242 trades.

Celtel Zambia Plc had the highest activity after transacting in 17,629,845 shares valued at K14.37 billion in 114 trades.

The newsletter indicates that significant sales were recorded in Standard Chartered Bank and Zambeef Products Plc shares while five companies recorded share price gain.

The companies included African Explosives Limited Zambia K400, BP Zambia Plc K100, Lafarge Cement K20, Celtel K10 and Investrust Bank K0.10
Those that registered prices losses were Zambeef, Zamefa and Zambia Sugar.


Source: © 2005 Zambia Daily Mail.