25 December 2012

Zambia: LuSE Closes Trading

THE Lusaka Stock Exchange (LuSE) has closed trading to allow implementation of the rebasing exercise effective January 1, 2013.

According to a statement posted by Inter Market Securities Investment analyst Joseph Lungu, the last day of trading on LuSE was Friday December 21, 2012.

From December 24, 2012 to January 1, 2013 the market will remain closed and only open on January 2, 2013.

"During this period, LuSE would remain open for business but only up to 12:30 every day, except for weekends and public holidays.

This is to facilitate for the rebasing which is effective January 1, 2013, Mr Lungu said.

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