Copper Boom Helps Drive Zambia’s World-Beating Stock Gains

Zambia’s main stock index is the top gainer globally in August, advancing 14.3% in the month as the nation cashes in on a copper boom.

The Lusaka Securities Exchange All Share Index is also leading year-to-date gains globally, at almost 56% in local currency terms. Measured in dollars, it’s up 84%, with only Ghana’s index doing better.