Chilanga Cement, SCBL Dominate LuSE Trading

LuSE Market Update: High-Volume Trades Lift SCBL as Chilanga Cement Leads Gainers

Trading activity on the Lusaka Securities Exchange (LuSE) strengthened in today’s session, with several counters posting notable performances in volume, value, and price movements. While most securities traded flat, a few stood out as clear market movers.

Top Performer (Price Gain): Chilanga Cement (CHIL)
Chilanga Cement emerged as the strongest price performer, rising K1.01 to close at K61.37. The counter recorded 18 trades with 489 shares changing hands, generating K29,975.60 in value. With strong buy-side support at K61.00 and significant sell demand at K62.00, CHIL led the gainers in an otherwise flat market.

Market Leader (Volume & Liquidity): Standard Chartered Bank (SCBL)
Standard Chartered Bank Zambia posted the highest trading volume, moving 289,854 shares across 53 trades, valued at K747,823.32. The counter remained unchanged at K2.58, supported by a firm bid at K2.57 and matching ask at K2.58, showing strong liquidity and investor confidence.

Active Blue-Chip: Airtel (ATEL)
Airtel Zambia continued to attract significant investor activity with 37 trades and 3,065 shares worth K422,250.84 traded. Although the price held steady at K137.73, the counter remains one of the most consistently active and heavily watched on LuSE.

Most Traded Industrial: CECZ
CEC Africa Investments (CECZ) saw heavy trading with 138 trades and 24,781 shares, though the price slipped by K0.44 to K20.06. Despite the decline, strong bid and ask volumes indicate sustained investor engagement.

Other Notable Movements:

• BATA edged down by K0.02 to K6.53 on 40 trades.
• ZNCO dropped K0.01 to K6.00, with 20,642 shares traded.
• ZMFA saw the biggest price fall, shedding K5.00 to close at K60.00, despite only 12 trades.
• REIZUSD remained flat at US$0.09, but posted a massive 24.1 million shares on the ask side, reflecting large supply.

Top Value Traded (Kwacha):

1. SCBL – K747,823.32
2. ATEL – K422,250.84
3. CECZ – K497,478.12

Top Volume Traded:

1. SCBL – 289,854 shares
2. ZMBF – 93,516 shares
3. CECZ – 24,781 shares

Overall, the market showed strong liquidity in banking and telecom counters, while industrial stocks like Chilanga Cement helped lift sentiment with positive price movement. Investors remain cautious but active, with blue-chip counters dominating both demand and turnover.