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HomeMarketsStanchart Shares Gain Momentum as Investors Bet Big on FNB Deal

Stanchart Shares Gain Momentum as Investors Bet Big on FNB Deal

Standard Chartered Bank Zambia (Stanchart) has recorded a 3.09% increase in its share price on the Lusaka Securities Exchange LuSE, with the stock settling at K1, according to the Stockbrokers Zambia Weekly Equity and Economic Report for the market period under review. The report, seen by the Zambian Business Times-ZBT indicates that Stanchart was among the stocks that recorded a price increase during the period. ZBT reached out to a stock market trader, whose identity has been withheld, to establish the factors behind the increase in Stanchart’s share price. In an interview with ZBT, the trader attributed the increase to...

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