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HomeMarketsAirtel share demand driven by $1bn market cap-Broker

Airtel share demand driven by $1bn market cap-Broker

Airtel Zambia, one of Zambia’s major and leading mobile network providers, which is also listed on the Lusaka Securities Exchange, has continued to dominate in terms of market turnover per equity. Interestingly, the stockbrokers’ report for the market period ending 17th July showed that Airtel was ranked as the highest turnover contributor at 60.9%.  Further, the report indicates that Airtel had a volume of 37.5 thousand with a market turnover of K6.9 million ($380.1 thousand). According to a broker whose name is withheld, Airtel’s positive performance in terms of market turnover is partly attributed to the company’s attainment of the...

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