[2007-08-27]  LuSE turnover shoots to K5 bn.
REMARKABLE trading activity on the Lusaka Stock Exchange (LuSE) last week again saw total turnover increase to over K5 billion.

According to LuSE Stock News obtained in Lusaka,
3,168,479 shares were transacted in 127 trades resulting in a total turnover of K5.70 billion during the week ending August 24.

This is against 20,858,806 shares that were transacted in 177 trades resulting in a turnover of K3.17 billion during the week ending August 17.

Trading activities occurred in 13 listed firms, British American Tobacco (BAT), Chilanga Cement and Zambeef Products.

Transactions were also recorded in African Explosives Limited Zambia, BP Zambia, Cavmont Capital Holdings, Investrust Bank, National Breweries, Farmers House, Pamodzi, Zamefa, Zambian Breweries and Zambia Sugar.

However, despite the impressive turnover, the index which measures performance of stock on the market, dropped by 1.25 per cent ending the week at 3,092.65 points.

In terms of pricing all time highs were recorded in BAT recording K815, Chilanga Cement K4,250 and Zambeef Products recorded K5,007.









Source: © 2005 Zambia Daily Mail.