Keeping you up to date with our ever changing industry.

Industry News, ZCCM-IH News

Weekly Capital Market Review (2nd to 6th March 2020)

In the first week of March 2020 trading on the LuSE, we see hope for the equities market as it was not completely dominated by the Bond market. Opening the market with a score of 98% to 2% as compared to week one of February with the bond market which scored 100% of sales.

 Equity Market Update

In the week ended 06th March 2020, a total of 5,087,040 shares were transacted in 67 trades, yielding a market turnover of K4,360,121. Trading activity was recorded in AIRTEL, COPPERBELT ENERGY CORPORATION, LAFARGE, STANDARD CHARTERED BANK LIMITED, ZAMBEEF, ZANACO and ZAMBIA SUGAR.

During the week, the company with the highest Market Capitalisation on the LuSE was AIRTEL which also had a high Price to Earnings ratio signaling continued overvaluation of the telecoms company

However, of the traded companies during the week, ZAMBEEF had the highest earnings per share despite having one of the lowest share prices.

The LASI closed the first week at 4260.56, which was a point higher than the previous week (last Friday of February) which was at 4250.48.

The LuSE All Share Index (LASI) closed at 4,260.56 points. The market closed on a capitalization of K57,363,640,096 including Shoprite Holdings and K23,124,434,116 excluding Shoprite Holdings.

The equities market opened on a low as compared to the first week of February, which recorded a total of 51,550,940 shares transacted in 109 trades, yielding a market turnover of K32,059,252.

Bond Market Update 6th March 2020

During the week, bonds of a total face value of K487,260,000 were transacted in 13 trades, yielding a market value sales of K242,792,000. Sales in the opening week of March were almost 10 times stronger than the previous week which positions the current month well should sales continue to be strong in comparison to the dipped performance of February 2020.

Important announcements                           


Pursuant to section 3.59 of the LuSE Listing Requirements, the Board of Directors of Puma Energy Zambia Plc (“the Board”) wishes to announce the resignation of Mr Sidy Bane as Director of the Board effective 28 February 2020. Furthermore, the Board would like to announce the appointment of Mr Mike Baker and Mr Patricio Chababo as Directors of the Board effective 2 March 2020.


The Board of Directors of Zambian Breweries Plc (“the Board”) wishes to advise Shareholders that for the period ended 31st December 2019, the earnings per share is expected to be 81% lower than that of the corresponding period last year for the Company. Earnings for the same period based on profit from continuing operations and adjusted for once-off are expected to be 27% higher.


NOTICE IS HEREBY GIVEN that the 26th Annual General Meeting (AGM) of the members of Zambian Breweries. Plc will be held at the Southern Sun Ridgeway Hotel, Lusaka, Zambia, on Thursday, 26th March 2020, commencing at 09:00 hours, for purposes of transacting the following business:


In accordance with the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of Standard Chartered Bank Zambia PLC (“the Bank”) hereby advises the Shareholders of the Company that the Earnings per Share for the financial year ended 31 December 2019 is approximately 95% lower than for the financial year ended 31 December 2018.



Previous ArticleNext Article