Lusaka Stock Exchange Opens Week on a Positive Note with Modest Gains

Lusaka, December 15, 2025

The Lusaka Stock Exchange (LuSE) opened the week on a positive note, recording modest gains as investors engaged in a total of 253 trades, transacting 69,067 shares for a turnover of K788,180.35 by midday. The LuSE All Share Index closed at 25,565.89 points, up 0.01% from the previous day, signaling a stable start to trading on Monday.

Market activity was led by several high-performing equities, with CCAF and CECZ recording price gains of K0.01, while ZNCO also added K0.01 to its share price. In contrast, PUMA edged lower by K0.02, reflecting mixed investor sentiment. Other active securities included AECI, ATEL, BATZ, NATB, SCBL, ZFCO, ZMBF, ZMFA, and ZSUG.

The equity with the largest volume traded was CECZ, which recorded 16,220 shares traded for K324,227.25, highlighting strong investor interest. ZMBF followed closely with 16,007 shares exchanging hands for a value of K35,215.40, while ZNCO saw 24,011 shares traded at K144,049.11, making it one of the day’s notable movers.

Dollar denominated securities also saw activity, with five trades of REIT units totaling 29,436 and a turnover of $2,649.24, reflecting continued investor appetite for foreign-currency linked assets.

The market’s capitalization stood at K328.55 billion including Shoprite Holdings and K138.48 billion excluding Shoprite, indicating robust overall market value.

Despite a slow start for some counters, the day’s trading highlighted resilient investor interest in blue-chip and actively traded stocks, setting a steady tone for the week as the market continues to attract participation from both retail and institutional investors.

Key gainers for the day included CCAF, CECZ, and ZNCO, while PUMA recorded the only notable decline among actively traded stocks. Other equities maintained stable prices, reflecting cautious but steady trading sentiment.