LUSE WEEKEND MARKET REPORT: LASI UP 0.47% AS CHIL AND ZSUG LEAD THE GAINERS

LUSAKA

The Lusaka Securities Exchange (LuSE) closed the week on a positive note, with the LuSE All Share Index (LASI) climbing +117.90 points to end at 25,287.84, representing a 0.47% gain from the previous day.

Market activity remained solid, with 461 trades executed and 259,033 shares changing hands, generating a total turnover of K2,115,870.87. Market capitalization closed at K327.05 billion including Shoprite and K136.97 billion excluding Shoprite.

MARKET PERFORMANCE SUMMARY

Top Gainers

The session recorded several notable price increases, led by:

🟢 ZSUG (Zambia Sugar)

• +K1.32 to K66.59
• Strongest gainer of the day.

🟢 CHIL (Chilanga Cement)

• +K1.07 to K63.08
• Continued demand reflected in tight bid-ask spreads.

🟢 ZABR (Zambia Breweries)

• +K0.50 to K7.00

🟢 ATEL (Airtel Zambia)

• +K0.02 to K137.73

Top Losers

Price declines were led by:

🔻 BATZ (British American Tobacco Zambia)

• -K0.49 to K13.00
• Among the largest drops in percentage terms.

🔻 ZNCO (Zanaco)

• -K0.09 to K5.91
• The most heavily traded counter with 185,750 shares.

🔻 AECI

• -K0.04 to K120.13

🔻 CECZ (CEC Africa)

• –K0.01 to K19.99

🔻 SCBL (Standard Chartered Bank)

• -K0.01 to K2.57

🔻 NATB (National Breweries)

• -K0.01 to K3.00

MARKET ACTIVITY HIGHLIGHTS

Most Traded Stock (by Volume):

• ZNCO (Zanaco)185,750 shares
  • Despite a price drop, it dominated trading activity and accounted for the bulk of turnover at K1.09 million.

Active Counters With No Price Movement:

• BATA, MAFS, PUMA, ZMBF, ZMFA, SHOP, ZCCM, ZFCO, FARM, ZMRE
• These counters saw trading activity but no price adjustments.

US Dollar-Denominated Trade:

• REIZUSD (REIT) recorded 1 trade with 2,805 units, generating $252.45 turnover.

MARKET SENTIMENT

The positive uptick in the LASI reflects moderate investor confidence driven by:

• Strong performance from blue-chip stocks like CHIL and ZSUG
• Increased liquidity in financial counters such as ZNCO
• A mix of price corrections in tobacco, industrial, and banking stocks

With key gainers outpacing the decliners in value impact, the market closed the week on a stable, upward trajectory.