Business

LuSE market capitalisation drops to K56bn

Lusaka Stock Exchange

NKOLE MULAMBIA, Lusaka
LUSAKA Securities Exchange (LuSE) market capitalisation declined to K56.9 billion in November from K57 billion the previous month.
According to a LuSE news flash, the decline in market capitalisation, which is the value of a company that is traded on the stock market, included Shoprite Holdings.
“The market closed on a capitalisation of K56,933,000,000 including Shoprite Holdings and K22,694,000,000 excluding Shoprite Holdings. Shoprite Holdings is a dual listed security,” the report states.
There were 38 trades recorded in which 15,364,075 shares were transacted, resulting in a market turnover of K12,967,382 on the equities market.
This is in comparison with 282 trades in which 315,473 shares changed hands in 315,473 shares, yielding a market turnover of K641,393 recorded in October.
The LuSE All Share Index closed the month of CLICK TO READ MORE




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