[2007-05-22]  LuSE index grows again
THE Lusaka Stock Exchange (LuSE) all share index closed the week at 2,456.79 points up 2.15 per cent from 2,405.03 points recorded during the week ending May 11, 2007.

According to LuSE Weekly StocK News obtained in Lusaka for week ended May 18, the index, which measures the performance of stocks on the stock market, rose due to share price gains in four listed firms.

Last week, trading activity occurred in eleven listed stocks, African Explosives Limited (AEL), Farmers House, BP Zambia, National Breweries, Standard Chartered Bank, Zambia Sugar and Investrust Bank.

Others were British American Tobacco, Chilanga Cement, Pamodzi Hotel, Zamefa and Zambian Breweries.

A total of 6,025,793 shares were transacted in 99 trades yielding a total turnover of K1 billion.

This is in comparison with 12,634,716 shares that were transacted in 129 trades resulting in a total turnover of K1.06 billion for week ending May 11,
The price movements were recorded in BP Zambia, which gained
K99.00 and closed at K600, Standard Chartered gained by K14 and closed at K424.00, Zambia Sugar rose by K1.40 to close at K202.50 while Investrust Bank recorded K4.90 to close at an all time high K35.00.

There were losses in AEL, which went down by K50, and ended at K1, 600 while farmers House went down by K15.00 and closed at K1, 435.00.


© 2005
Source: © 2005 Zambia Daily Mail.