Business

‘We’ve ended 2014 positively’

KALONDE NYATI, Lusaka
THE Lusaka Stock Exchange (LuSE) All Share Index closed the trading week ending December 31, 2014 at 6,160.66 points, up 0.33 percentage point from the previous week’s trading, representing a year-to-date gain of 15.64 percent in kwacha terms.
According to a weekly bulletin issued by Stock Brokers Zambia and IMARA, trading activity at the close of the year increased in comparison to the previous week’s trading.
“The total volume of shares traded on the LuSE was 473,114 shares, up 35.48 percent from the trading week ending December 24, 2014.Total LuSE turnover registered in the week was ZMW729,276, down 91.44 percent from the trading week ending 24 December 2014,” the bulletin states.
Of the total trading, PrimaRe recorded the highest turnover of K357,566, representing 49.03 percent of the total turnover trading on the local bourse, while Zanaco Bank recorded the highest volume of 128,900 accounting for 32.53 percent of total LuSE volume.
Other active companies in terms of turnover were Investrust Bank recording K102, 500, Copperbelt Energy Corporation (CEC) K89, 234, Airtel K52, 863 and Zanaco Bank recording K40, 882.
The most active companies by volume included CEC recording 141,701, Prima 122,875, Puma recording 24,915 and Standard Chartered Bank Zambia recording 12,813.




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