LuSE Market Watch: Investors Drive K5.86 Million Turnover in Yesterday’s Trading as CHIL Gains and ZSUG Slips

The Lusaka Securities Exchange (LuSE) recorded robust activity yesterday, with 485 trades executed and a total turnover of K5,861,988.56, signalling sustained investor confidence on the local bourse.

A total of 754,136 shares exchanged hands across several active counters, marking one of the stronger trading sessions in recent weeks.

Key Price Movements

• Chilanga Cement (CHIL) was the standout performer, gaining K0.63 to close at K62.00, supported by strong demand and active buy orders.
• Zambia Sugar (ZSUG) recorded the day’s only decline, falling K1.32 to K65.27, as sell-side pressure and profit-taking weighed on the counter.

The USD-denominated REIT (REIZUSD) did not record any trades yesterday.

Market Performance

The LuSE All Share Index (LASI) closed at 25,175.93 points, representing a 0.21% decline from the previous session.

Market capitalization stood at:

• K326.44 billion (including Shoprite Holdings)
• K136.37 billion (excluding Shoprite Holdings)

Despite the slight index dip, analysts noted that overall participation remained healthy, supported by broad activity across the market.

Most Active Counters

Trading was spread across a wide range of stocks, with notable activity in:

• CECZ – 104 trades and 6,460 shares, closing steady at K20.06
• SCBL – 56 trades with 15,396 shares at K2.58
• PUMA – 27 trades, over 4,000 shares traded
• ZABR – the day’s liquidity leader, with 669,326 shares worth K4.35 million

Other active counters included AECI, ATEL, BATA, BATZ, SHOP, ZFCO, ZMBF, ZMFA, and ZNCO.

Investor Outlook

Market analysts view yesterday’s activity as positive for investors, highlighting:

• Improved liquidity across several stocks
• Growing interest in dividend-paying companies
• Attractive entry opportunities created by price movements in stocks like ZSUG
• Continued resilience of blue-chip counters such as CECZ, SCBL, and ZABR

With Zambia’s broader economic environment showing signs of stability, investor appetite on the LuSE remains firm, positioning the market for potentially stronger activity in the weeks ahead.