LuSE Index Drops

THE Lusaka Stock Exchange (LuSE) all-share index closed last week at 3,920.71 points down by 0.03 percentage point from 3,921.80 points.
On a year to date in Kwacha terms, the index dropped by 1.11 percent.
According to LuSE weekly stock news for May 4, 2012, the index which measures the performance of stocks on the bourse declined due to losses in share prices of most listed firms.

Posted by Admin on May 8, 2012. Filed under BUSINESS. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

9 Responses to LuSE Index Drops

kakolwe Reply

May 8, 2012 at 1:12 pm

Economists, what does this drop translate into?
kuz Reply

May 8, 2012 at 1:41 pm

It means the investor confidence in the local shares has dropped. They r not buying shares probably due to the prevailing economic status and also uncertainty with regard to change in government.
kakolwe Reply

May 8, 2012 at 2:48 pm

Iwe Luz, leka abamano balondole. I know what it is but what does it translate onto? Mukolwe iwe!
Ass Reply

May 8, 2012 at 3:27 pm

Kakolwe u re a big fool how do u insult a person who is tryin to explain to u minion of a fool. Learn to be thankful where its due kuz kipup.
CHANDA HANKUBA Reply

May 8, 2012 at 3:37 pm

Its beta for the percentage to drop than opening a company
kakolwe Reply

May 8, 2012 at 4:09 pm

Ba ass-hole boss have you not seen the ‘probably’ yakwa kuz? If I, a minion of a fool, can see that he ain’t an economist, what does that make you? Exactly as your name states : UMUSULA!!!
ZinCA Reply

May 8, 2012 at 11:51 pm

UMUSULA lol. I can’t stop laughing
Crolla Reply

May 10, 2012 at 4:40 am

Take me on vacation anyone before and after I get married. sex with no strings attached
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Skeptic Reply

May 19, 2012 at 12:33 pm

The drop in the stock index is an indicator the the economy is not doing too good. This means less investment and less employment. What is worrying is that the index has dropped over the past year. Government needs to stimulate the economy