Capital markets’ total savings increased by 9p.c – SEC
Published On February 13, 2024 » 279 Views» By Times Reporter » Business, Stories
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By KETRA KALUNGA –
THE Securities and Exchange Commission (SEC) has said total savings in the capital markets substantially increased by nine per cent in the fourth quarter of 2023 having closed at K92.3 billion as of December 31, 2023.
SEC acting Chief Executive Officer Diana Sichone said the growth in total savings in the capital markets was driven by an increase in the market price of shares listed on the Lusaka Security Exchange (LuSE).
On equity market performance, Ms Sichone said market capitalisation representing the value of shares listed on LuSE increased by eight per cent to close at K88.7 billion as at December 31, 2023.

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