Top losers in Zambia (LUSE) this month

12 of 14 Zambia stocks have fallen over the past month. ZAFFICO Plc has fallen most, down 53.8% over the past month.

  • Prices at 23 Oct 2026 close
  • Trailing 1 month
  • Fresh closes only
Top losers: 12 qualifying companies
#CompanyPrice (ZMW)1-month changePast month1-year changeMarket cap (ZMW)
1ZAFFICO PlcZFCO.ZM3.94-53.81%+14.2%—
2Puma Energy Zambia PlcPUMA.ZM2.04-16.05%-53.0%—
3CEC Africa Investments LtdCCAF.ZM0.66-12.00%-20.5%—
4Metal Fabricators of Zambia PlcZMFA.ZM33.50-11.84%-48.5%—
5Zambeef Products PlcZMBF.ZM1.65-10.81%-27.6%—
6Standard Chartered Bank Zambia PlcSCBL.ZM1.10-9.84%-46.9%—
7Zanaco PlcZNCO.ZM8.97-4.68%+46.6%12.95B
8Chilanga Cement PlcCHIL.ZM59.97-3.94%+53.8%12.00B
9British American Tobacco Zambia PlcBATZ.ZM12.49-3.92%-21.9%—
10Zambia Sugar PlcZSUG.ZM67.98-2.82%+4.2%21.52B
11Copperbelt Energy Corporation PlcCECZ.ZM15.00-2.72%-34.6%24.38B
12Airtel Networks Zambia PlcATEL.ZM223.05-0.42%+59.3%23.20B
  1. ZAFFICO PlcZFCO.ZM

    ZFCO.ZM · ZMW 3.94

    -53.81%past month
  2. -16.05%past month
  3. -12.00%past month
  4. -11.84%past month
  5. -10.81%past month
  6. -9.84%past month
  7. Zanaco PlcZNCO.ZM

    ZNCO.ZM · ZMW 8.97

    -4.68%past month
  8. Chilanga Cement PlcCHIL.ZM

    CHIL.ZM · ZMW 59.97

    -3.94%past month
  9. -3.92%past month
  10. Zambia Sugar PlcZSUG.ZM

    ZSUG.ZM · ZMW 67.98

    -2.82%past month
  11. -2.72%past month
  12. -0.42%past month

How this list works

Negative share price changes over one calendar month, excluding dividends. Ranked from lowest to highest by 1-month price return, with market cap breaking ties. The universe is ordinary shares and REITs only, with fresh, dated closes under the screener's trading-day freshness rules. Sources: stored exchange closing prices, issuer annual reports and reviewed dividend announcements, using the same valuation data as company pages and the screener. Not investment advice.

AI-generated analysis for information only, not investment advice.

Investment disclaimer