Saturday, 17 October 2026 | Lusaka, Zambia | All times CAT
Updated 10 minutes ago Topics Journalists Our network Advertise
Lakatips Sourcing the truth from every corner of Zambia

Lakatips

For Zambian newsrooms

Your reporting, credited and linked back

Join the newsrooms whose work reaches readers through Lakatips — your name on every story, and a route straight back to you.

Our network
Just in

Business

ZCCM-IH share price shoots up by nearly 6%

According to the official Stockbrokers report for

ZCCM-IH share price shoots up by nearly 6%

Picture: Zambian Business Times

According to the official Stockbrokers report for the market period ended 9 October seen by the Zambian Business Times-ZBT indicates that ZCCM-IH was the lead price gainer on the exchange with price move upwards by 5.7%

The report shows that ZCCM-IH share price increased by K8 (0.40 US dollar) or roughly 5.71% to close at K148 (7.43 US dollar).

A check by the Zambian Business Times ZBT show that ZCCM-IH is the second best performing equity on the Lusaka Securities Exchange LuSE with a market valuation reported to be around $1.3 billion.

According to Stockbrockers Zambia Senior Securities Trader Tionge Banda has attributed the 5% share prices increase in ZCCM-IH due to increased demanding in the stock from investors.

Speaking in an interview with Zambian Business Times ZBT Banda noted that the increase is a reflection of investors biding a higher price when purchasing the stock in ZCCM-IH triggering an increase in the company’s share prices

Lakatips

The morning briefing

Zambia’s news, before your first meeting

One email each morning with the headlines that matter, from every newsroom we follow. Free, and one click to stop.

Sign up free

” The increase in ZCCM-IH is driven by supply and demand which saw investors biding for a higher stake in order for them to acquire shares in the company leading to the companies share price shifting upwards by 5%,” said Banda.

Despite the increase in the company’s share price, a check by ZBT in financials for the six months period ended 30 June saw ZCCM-IH group record a net loss of K89.86 million ($4.77 million), compared with a a net loss of K852.86 million ($31.25 million) recorded in the corresponding period in 2025.

Further the net loss for the period were attributed to share loss from Mopani amounting to K536 million ($28.5 million), and the 5.6% appreciation of the Zambian Kwacha during the period which contributed to foreign exchange losses.

Source: Zambian Business Times — Read more

More to read

All Business →
One-time sign-up

Keep reading at Zambian Business Times

Lakatips is free, and it stays free. Sign up once and we will send you through to Zambian Business Times — and to every other newsroom in the network after that, without asking again.

We use your details for the morning briefing and to tell newsrooms how many readers we send them — never as a list to be sold on. See our privacy policy.