{"id":106,"date":"2026-08-15T17:37:21","date_gmt":"2026-08-15T15:37:21","guid":{"rendered":"https:\/\/www.zambiashares.com\/learn-investing\/?p=106"},"modified":"2026-08-15T17:38:39","modified_gmt":"2026-08-15T15:38:39","slug":"lesson-4-what-is-the-stock-market","status":"publish","type":"post","link":"https:\/\/www.zambiashares.com\/learn-investing\/lesson-4-what-is-the-stock-market\/","title":{"rendered":"Lesson 4 \u2014 What Is the Stock Market?"},"content":{"rendered":"<style>\r\n.zs4-lesson {\r\n    max-width: 1100px;\r\n    margin: 30px auto;\r\n    font-family: Arial, Helvetica, sans-serif;\r\n    color: #374151;\r\n}\r\n\r\n.zs4-card {\r\n    background: #ffffff;\r\n    border: 1px solid #DDE5E0;\r\n    border-radius: 18px;\r\n    box-shadow: 0 5px 20px rgba(0,0,0,0.07);\r\n    overflow: hidden;\r\n}\r\n\r\n.zs4-header {\r\n    background: #008C3A;\r\n    color: #ffffff;\r\n    padding: 30px 35px;\r\n    text-align: center;\r\n}\r\n\r\n.zs4-header h2 {\r\n    color: 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 }\r\n\r\n    .zs4-table {\r\n        font-size: 14px;\r\n    }\r\n\r\n    .zs4-table th,\r\n    .zs4-table td {\r\n        padding: 10px;\r\n    }\r\n}\r\n<\/style>\r\n\r\n<div class=\"zs4-lesson\">\r\n\r\n<div class=\"zs4-card\">\r\n\r\n<div class=\"zs4-header\">\r\n<h2>Lesson 4: What Is the Stock Market?<\/h2>\r\n<p>Understand where shares are bought and sold.<\/p>\r\n<\/div>\r\n\r\n<div class=\"zs4-progress\">\r\n<div class=\"zs4-progress-bar\" id=\"zs4Progress\"><\/div>\r\n<\/div>\r\n\r\n\r\n<!-- 01 -->\r\n\r\n<div class=\"zs4-slide active\">\r\n\r\n<span class=\"zs4-number\">01 \/ 15<\/span>\r\n\r\n<h3>Welcome to the Stock Market<\/h3>\r\n\r\n<div class=\"zs4-visual\">\r\n<div class=\"zs4-icon\">\ud83c\udfe2 \u2194 \ud83d\udcca \u2194 \ud83d\udc64<\/div>\r\n<strong>Companies and investors meet in the stock market.<\/strong>\r\n<\/div>\r\n\r\n<p>\r\nYou have already learned what investing means and the difference between\r\nsaving and investing. Now it is time to understand where share investing\r\nactually happens.\r\n<\/p>\r\n\r\n<p>\r\nThe stock market is a marketplace where shares and other securities can\r\nbe bought and sold according to established rules.\r\n<\/p>\r\n\r\n<p>\r\nIt connects companies that need capital with investors who want to invest\r\ntheir money.\r\n<\/p>\r\n\r\n<div class=\"zs4-highlight\">\r\n<strong>Simple idea:<\/strong> The stock market helps buyers and sellers\r\ncome together to trade investments.\r\n<\/div>\r\n\r\n<\/div>\r\n\r\n\r\n<!-- 02 -->\r\n\r\n<div class=\"zs4-slide\">\r\n\r\n<span class=\"zs4-number\">02 \/ 15<\/span>\r\n\r\n<h3>Imagine a Marketplace<\/h3>\r\n\r\n<div class=\"zs4-visual\">\r\n\r\n<div class=\"zs4-icon\">\ud83c\udfea<\/div>\r\n\r\n<strong>\r\nA normal market brings buyers and sellers together.\r\n<\/strong>\r\n\r\n<\/div>\r\n\r\n<p>\r\nThink about a market in your town. A seller brings goods to the market,\r\nand people who want those goods come to buy them.\r\n<\/p>\r\n\r\n<p>\r\nThe stock market works on a similar basic idea, but instead of buying\r\ntomatoes, clothes or other physical goods, investors trade financial\r\nsecurities such as shares.\r\n<\/p>\r\n\r\n<p>\r\nThere are rules, systems and organisations that help make this market\r\noperate.\r\n<\/p>\r\n\r\n<div class=\"zs4-tip\">\r\nA stock market is a financial marketplace, not a physical shop where\r\nyou walk in and pick a share from a shelf.\r\n<\/div>\r\n\r\n<\/div>\r\n\r\n\r\n<!-- 03 -->\r\n\r\n<div class=\"zs4-slide\">\r\n\r\n<span class=\"zs4-number\">03 \/ 15<\/span>\r\n\r\n<h3>What Is a Share?<\/h3>\r\n\r\n<div class=\"zs4-visual\">\r\n\r\n<div class=\"zs4-flow\">\r\n\r\n<div class=\"zs4-box\">\ud83c\udfe2<br>Company<\/div>\r\n\r\n<div class=\"zs4-arrow\">\u2192<\/div>\r\n\r\n<div class=\"zs4-box\">\ud83d\udcc4<br>Shares<\/div>\r\n\r\n<div class=\"zs4-arrow\">\u2192<\/div>\r\n\r\n<div class=\"zs4-box\">\ud83d\udc64<br>Investors<\/div>\r\n\r\n<\/div>\r\n\r\n<\/div>\r\n\r\n<p>\r\nA share represents a unit of ownership in a company.\r\n<\/p>\r\n\r\n<p>\r\nWhen a company has shares available for investors and you buy some of\r\nthose shares, you become a shareholder.\r\n<\/p>\r\n\r\n<p>\r\nYour ownership may be very small compared with the entire company, but\r\nyou are still an owner according to the shares you hold and the rights\r\nattached to them.\r\n<\/p>\r\n\r\n<div class=\"zs4-highlight\">\r\n<strong>Share = a unit of ownership in a company.<\/strong>\r\n<\/div>\r\n\r\n<\/div>\r\n\r\n\r\n<!-- 04 -->\r\n\r\n<div class=\"zs4-slide\">\r\n\r\n<span class=\"zs4-number\">04 \/ 15<\/span>\r\n\r\n<h3>Why Do Companies Sell Shares?<\/h3>\r\n\r\n<div class=\"zs4-visual\">\r\n\r\n<div class=\"zs4-flow\">\r\n\r\n<div class=\"zs4-box\">\ud83c\udfe2<br>Company<\/div>\r\n\r\n<div class=\"zs4-arrow\">\u2192<\/div>\r\n\r\n<div class=\"zs4-box\">\ud83d\udcb0<br>Capital<\/div>\r\n\r\n<div class=\"zs4-arrow\">\u2192<\/div>\r\n\r\n<div class=\"zs4-box\">\ud83c\udfd7\ufe0f<br>Growth<\/div>\r\n\r\n<\/div>\r\n\r\n<\/div>\r\n\r\n<p>\r\nBusinesses need money to operate and expand.\r\n<\/p>\r\n\r\n<p>\r\nA company may need capital to build new facilities, buy equipment,\r\nexpand its operations, develop products, enter new markets or support\r\nother business activities.\r\n<\/p>\r\n\r\n<p>\r\nOne way a company can raise capital is by issuing shares to investors,\r\nsubject to the applicable rules and requirements.\r\n<\/p>\r\n\r\n<div class=\"zs4-tip\">\r\nInvestors provide capital because they hope their investment will provide\r\na future financial benefit.\r\n<\/div>\r\n\r\n<\/div>\r\n\r\n\r\n<!-- 05 -->\r\n\r\n<div class=\"zs4-slide\">\r\n\r\n<span class=\"zs4-number\">05 \/ 15<\/span>\r\n\r\n<h3>Who Are the Buyers?<\/h3>\r\n\r\n<div class=\"zs4-visual\">\r\n\r\n<div class=\"zs4-icon\">\ud83d\udc69\ud83c\udffe \ud83d\udc68\ud83c\udffe \ud83d\udc68\ud83c\udfff \ud83d\udc69\ud83c\udfff<\/div>\r\n\r\n<strong>Different types of investors can participate in markets.<\/strong>\r\n\r\n<\/div>\r\n\r\n<p>\r\nPeople who buy shares are called investors or shareholders after they\r\nbecome owners of shares.\r\n<\/p>\r\n\r\n<p>\r\nIndividual people can invest. Large institutions such as pension funds,\r\ninsurance companies and investment funds can also participate in financial\r\nmarkets.\r\n<\/p>\r\n\r\n<p>\r\nEach investor has different goals, financial resources and risk tolerance.\r\n<\/p>\r\n\r\n<p>\r\nSome may be investing for long-term wealth creation, while others may\r\nhave different investment objectives.\r\n<\/p>\r\n\r\n<\/div>\r\n\r\n\r\n<!-- 06 -->\r\n\r\n<div class=\"zs4-slide\">\r\n\r\n<span class=\"zs4-number\">06 \/ 15<\/span>\r\n\r\n<h3>Who Are the Sellers?<\/h3>\r\n\r\n<div class=\"zs4-visual\">\r\n\r\n<div class=\"zs4-icon\">\ud83d\udc64 \u2192 \ud83d\udcca \u2192 \ud83d\udc64<\/div>\r\n\r\n<strong>One investor can sell while another investor buys.<\/strong>\r\n\r\n<\/div>\r\n\r\n<p>\r\nAfter shares have been issued, investors may buy and sell shares with\r\nother market participants through the market's trading system.\r\n<\/p>\r\n\r\n<p>\r\nFor example, one shareholder may decide to sell shares because their\r\nfinancial goals have changed. Another investor may be interested in\r\nbuying those shares.\r\n<\/p>\r\n\r\n<p>\r\nThe market provides a system through which these transactions can take\r\nplace.\r\n<\/p>\r\n\r\n<div class=\"zs4-highlight\">\r\nThe person selling a share is not necessarily the company that originally\r\nissued the share.\r\n<\/div>\r\n\r\n<\/div>\r\n\r\n\r\n<!-- 07 -->\r\n\r\n<div class=\"zs4-slide\">\r\n\r\n<span class=\"zs4-number\">07 \/ 15<\/span>\r\n\r\n<h3>The Company and the Stock Market<\/h3>\r\n\r\n<div class=\"zs4-visual\">\r\n\r\n<div class=\"zs4-flow\">\r\n\r\n<div class=\"zs4-box\">\ud83c\udfe2<br>Listed Company<\/div>\r\n\r\n<div class=\"zs4-arrow\">\u2194<\/div>\r\n\r\n<div class=\"zs4-box\">\ud83d\udcca<br>Stock Market<\/div>\r\n\r\n<div class=\"zs4-arrow\">\u2194<\/div>\r\n\r\n<div class=\"zs4-box\">\ud83d\udc65<br>Investors<\/div>\r\n\r\n<\/div>\r\n\r\n<\/div>\r\n\r\n<p>\r\nA company that has its shares admitted to trading on a stock exchange\r\nis generally described as a listed company.\r\n<\/p>\r\n\r\n<p>\r\nOnce listed, the company's shares can be traded by investors through\r\nthe market under the exchange's rules.\r\n<\/p>\r\n\r\n<p>\r\nListed companies also have continuing obligations to provide information\r\nand make required announcements to the market.\r\n<\/p>\r\n\r\n<div class=\"zs4-tip\">\r\nBeing listed means a company's shares can participate in an organised\r\npublic market.\r\n<\/div>\r\n\r\n<\/div>\r\n\r\n\r\n<!-- 08 -->\r\n\r\n<div class=\"zs4-slide\">\r\n\r\n<span class=\"zs4-number\">08 \/ 15<\/span>\r\n\r\n<h3>What Is the Lusaka Securities Exchange?<\/h3>\r\n\r\n<div class=\"zs4-visual\">\r\n\r\n<div class=\"zs4-icon\">\ud83c\uddff\ud83c\uddf2 \ud83d\udcca<\/div>\r\n\r\n<strong>Lusaka Securities Exchange \u2014 LuSE<\/strong>\r\n\r\n<\/div>\r\n\r\n<p>\r\nZambia has its own securities exchange known as the\r\n<strong>Lusaka Securities Exchange, or LuSE<\/strong>.\r\n<\/p>\r\n\r\n<p>\r\nLuSE provides an organised marketplace for trading listed securities\r\nunder its rules and systems.\r\n<\/p>\r\n\r\n<p>\r\nFor a Zambian investor interested in learning about shares listed in\r\nZambia, understanding LuSE is an important part of understanding the\r\nlocal stock market.\r\n<\/p>\r\n\r\n<div class=\"zs4-highlight\">\r\n<strong>LuSE is Zambia's securities exchange.<\/strong>\r\n<\/div>\r\n\r\n<\/div>\r\n\r\n\r\n<!-- 09 -->\r\n\r\n<div class=\"zs4-slide\">\r\n\r\n<span class=\"zs4-number\">09 \/ 15<\/span>\r\n\r\n<h3>How Does a Share Trade Happen?<\/h3>\r\n\r\n<div class=\"zs4-visual\">\r\n\r\n<div class=\"zs4-flow\">\r\n\r\n<div class=\"zs4-box\">\ud83d\udc64<br>Investor<\/div>\r\n\r\n<div class=\"zs4-arrow\">\u2192<\/div>\r\n\r\n<div class=\"zs4-box\">\ud83c\udfe6<br>Broker<\/div>\r\n\r\n<div class=\"zs4-arrow\">\u2192<\/div>\r\n\r\n<div class=\"zs4-box\">\ud83d\udcca<br>Exchange<\/div>\r\n\r\n<div class=\"zs4-arrow\">\u2192<\/div>\r\n\r\n<div class=\"zs4-box\">\ud83d\udc64<br>Another Investor<\/div>\r\n\r\n<\/div>\r\n\r\n<\/div>\r\n\r\n<p>\r\nAn investor generally does not simply contact the company and ask it to\r\nsell them shares whenever they want.\r\n<\/p>\r\n\r\n<p>\r\nInvestors normally use an authorised or licensed intermediary, such as\r\na stockbroker, to place orders according to the market's procedures.\r\n<\/p>\r\n\r\n<p>\r\nThe order can then enter the relevant trading system where it may be\r\nmatched with an appropriate order.\r\n<\/p>\r\n\r\n<\/div>\r\n\r\n\r\n<!-- 10 -->\r\n\r\n<div class=\"zs4-slide\">\r\n\r\n<span class=\"zs4-number\">10 \/ 15<\/span>\r\n\r\n<h3>What Makes a Share Price Move?<\/h3>\r\n\r\n<div class=\"zs4-visual\">\r\n\r\n<div class=\"zs4-icon\">\ud83d\udcc8 \u2195 \ud83d\udcc9<\/div>\r\n\r\n<strong>Prices can change as buyers and sellers interact.<\/strong>\r\n\r\n<\/div>\r\n\r\n<p>\r\nA share price is influenced by buying and selling activity in the market.\r\n<\/p>\r\n\r\n<p>\r\nWhen buyers are willing to pay more and demand is stronger, the price\r\nmay rise. When more investors are willing to sell and buying interest\r\nis weaker, the price may fall.\r\n<\/p>\r\n\r\n<p>\r\nMany things can influence investor decisions, including company results,\r\nnews, economic conditions, expectations and investor sentiment.\r\n<\/p>\r\n\r\n<div class=\"zs4-highlight\">\r\nA rising share price does not automatically mean the company is good,\r\nand a falling price does not automatically mean the company is bad.\r\nInvestors need to investigate the reasons behind market movements.\r\n<\/div>\r\n\r\n<\/div>\r\n\r\n\r\n<!-- 11 -->\r\n\r\n<div class=\"zs4-slide\">\r\n\r\n<span class=\"zs4-number\">11 \/ 15<\/span>\r\n\r\n<h3>A Simple K10 Example<\/h3>\r\n\r\n<div class=\"zs4-example\">\r\n\r\n<h4>Imagine a Share Trading at K10<\/h4>\r\n\r\n<p>\r\nSuppose a share is trading at K10.\r\n<\/p>\r\n\r\n<p>\r\nYou are interested in buying 100 shares.\r\nIf your order is successfully completed at K10 per share, the value of\r\nthe shares before transaction costs would be K1,000.\r\n<\/p>\r\n\r\n<p>\r\nLater, another investor may be willing to buy the shares at a different\r\nprice, depending on the market conditions and available orders.\r\n<\/p>\r\n\r\n<\/div>\r\n\r\n<p>\r\nThis simple example shows why the market price of a share can change.\r\nThe actual transaction price depends on the orders and trading conditions\r\nat the time.\r\n<\/p>\r\n\r\n<\/div>\r\n\r\n\r\n<!-- 12 -->\r\n\r\n<div class=\"zs4-slide\">\r\n\r\n<span class=\"zs4-number\">12 \/ 15<\/span>\r\n\r\n<h3>The Stock Market Is Not a Casino<\/h3>\r\n\r\n<div class=\"zs4-visual\">\r\n\r\n<div class=\"zs4-icon\">\ud83d\udcda + \ud83d\udd0e + \ud83d\udcca<\/div>\r\n\r\n<strong>Investing should be based on understanding and research.<\/strong>\r\n\r\n<\/div>\r\n\r\n<p>\r\nSome beginners think the stock market is simply a place where people\r\nguess whether prices will go up or down.\r\n<\/p>\r\n\r\n<p>\r\nThat is not a good way to understand investing.\r\n<\/p>\r\n\r\n<p>\r\nWhen you buy shares, you are buying an ownership interest in a business.\r\nA responsible investor should learn about the company, its business,\r\nfinancial position, risks and future prospects.\r\n<\/p>\r\n\r\n<div class=\"zs4-tip\">\r\nThink like a business owner, not someone looking for a quick gamble.\r\n<\/div>\r\n\r\n<\/div>\r\n\r\n\r\n<!-- 13 -->\r\n\r\n<div class=\"zs4-slide\">\r\n\r\n<span class=\"zs4-number\">13 \/ 15<\/span>\r\n\r\n<h3>Why Is the Stock Market Important?<\/h3>\r\n\r\n<p>\r\nThe stock market can play an important role in an economy.\r\n<\/p>\r\n\r\n<div class=\"zs4-visual\">\r\n\r\n<div class=\"zs4-flow\">\r\n\r\n<div class=\"zs4-box\">\ud83d\udcb0<br>Investors<\/div>\r\n\r\n<div class=\"zs4-arrow\">\u2192<\/div>\r\n\r\n<div class=\"zs4-box\">\ud83c\udfe2<br>Businesses<\/div>\r\n\r\n<div class=\"zs4-arrow\">\u2192<\/div>\r\n\r\n<div class=\"zs4-box\">\ud83d\udcc8<br>Growth<\/div>\r\n\r\n<\/div>\r\n\r\n<\/div>\r\n\r\n<p>\r\nIt can give companies access to capital and provide investors with an\r\nopportunity to participate in business ownership.\r\n<\/p>\r\n\r\n<p>\r\nA healthy capital market can support business development and help\r\nmobilise savings into productive investment.\r\n<\/p>\r\n\r\n<div class=\"zs4-highlight\">\r\nThe stock market connects investment capital with businesses that need\r\ncapital to operate and grow.\r\n<\/div>\r\n\r\n<\/div>\r\n\r\n\r\n<!-- 14 -->\r\n\r\n<div class=\"zs4-slide\">\r\n\r\n<span class=\"zs4-number\">14 \/ 15<\/span>\r\n\r\n<h3>What Should You Remember?<\/h3>\r\n\r\n<ul>\r\n\r\n<li>The stock market is a financial marketplace.<\/li>\r\n\r\n<li>Shares represent ownership in a company.<\/li>\r\n\r\n<li>Companies can raise capital through shares.<\/li>\r\n\r\n<li>Investors can buy and sell shares.<\/li>\r\n\r\n<li>Listed companies participate in an organised market.<\/li>\r\n\r\n<li>LuSE is Zambia's securities exchange.<\/li>\r\n\r\n<li>Stockbrokers help investors place trades.<\/li>\r\n\r\n<li>Share prices can move up and down.<\/li>\r\n\r\n<li>Investment decisions should not be based only on rumours.<\/li>\r\n\r\n<li>Learning about the company is important before investing.<\/li>\r\n\r\n<\/ul>\r\n\r\n<div class=\"zs4-tip\">\r\n<strong>Key idea:<\/strong> The stock market provides an organised way\r\nfor investors and businesses to participate in the buying and selling\r\nof securities.\r\n<\/div>\r\n\r\n<\/div>\r\n\r\n\r\n<!-- 15 -->\r\n\r\n<div class=\"zs4-slide\">\r\n\r\n<span class=\"zs4-number\">15 \/ 15<\/span>\r\n\r\n<div class=\"zs4-complete\">\r\n\r\n<div class=\"zs4-complete-icon\">\ud83c\udf93<\/div>\r\n\r\n<h3>Lesson Complete!<\/h3>\r\n\r\n<p>\r\nWell done! You now understand what the stock market is and why it exists.\r\n<\/p>\r\n\r\n<p>\r\nYou have learned how companies, investors, brokers and the stock exchange\r\nfit together.\r\n<\/p>\r\n\r\n<div class=\"zs4-highlight\">\r\n\r\n<strong>Remember:<\/strong><br>\r\n\r\nThe stock market is a marketplace for securities.<br>\r\nShares represent ownership in companies.<br>\r\nInvestors can buy and sell shares through the market.<br>\r\nAnd in Zambia, an important part of this market is the Lusaka Securities Exchange.\r\n\r\n<\/div>\r\n\r\n<p>\r\nBefore putting your money into the market, keep learning and understand\r\nwhat you are buying.\r\n<\/p>\r\n\r\n<\/div>\r\n\r\n<\/div>\r\n\r\n\r\n<div class=\"zs4-navigation\">\r\n\r\n<button type=\"button\"\r\nclass=\"zs4-btn zs4-prev\"\r\nid=\"zs4Prev\">\r\n\u2190 Previous\r\n<\/button>\r\n\r\n<div class=\"zs4-counter\"\r\nid=\"zs4Counter\">\r\n1 \/ 15\r\n<\/div>\r\n\r\n<button type=\"button\"\r\nclass=\"zs4-btn zs4-next\"\r\nid=\"zs4Next\">\r\nNext \u2192\r\n<\/button>\r\n\r\n<\/div>\r\n\r\n<\/div>\r\n<\/div>\r\n\r\n\r\n<script>\r\n(function() {\r\n\r\n    const lesson = document.querySelector('.zs4-lesson');\r\n\r\n    if (!lesson) return;\r\n\r\n    const slides = lesson.querySelectorAll('.zs4-slide');\r\n    const nextButton = lesson.querySelector('#zs4Next');\r\n    const prevButton = lesson.querySelector('#zs4Prev');\r\n    const counter = lesson.querySelector('#zs4Counter');\r\n    const progress = lesson.querySelector('#zs4Progress');\r\n\r\n    let current = 0;\r\n\r\n    function showSlide(number) {\r\n\r\n        slides.forEach(function(slide, index) {\r\n\r\n            slide.classList.toggle(\r\n                'active',\r\n                index === number\r\n            );\r\n\r\n        });\r\n\r\n        counter.textContent =\r\n            (number + 1) + ' \/ ' + slides.length;\r\n\r\n        progress.style.width =\r\n            (((number + 1) \/ slides.length) * 100) + '%';\r\n\r\n        prevButton.style.visibility =\r\n            number === 0 ? 'hidden' : 'visible';\r\n\r\n        if (number === slides.length - 1) {\r\n\r\n            nextButton.style.display = 'none';\r\n\r\n        } else {\r\n\r\n            nextButton.style.display = 'block';\r\n\r\n        }\r\n\r\n        lesson.scrollIntoView({\r\n            behavior: 'smooth',\r\n            block: 'start'\r\n        });\r\n    }\r\n\r\n    nextButton.addEventListener('click', function() {\r\n\r\n        if (current < slides.length - 1) {\r\n\r\n            current++;\r\n\r\n            showSlide(current);\r\n\r\n        }\r\n\r\n    });\r\n\r\n    prevButton.addEventListener('click', function() {\r\n\r\n        if (current > 0) {\r\n\r\n            current--;\r\n\r\n            showSlide(current);\r\n\r\n        }\r\n\r\n    });\r\n\r\n    showSlide(current);\r\n\r\n})();\r\n<\/script>\n<p style=\"text-align: justify;\">When people hear the words <strong>stock market<\/strong>, they may imagine numbers moving on a computer screen or people buying and selling shares. But what is the stock market actually?<\/p>\n<p style=\"text-align: justify;\">The stock market is a financial marketplace where investors can buy and sell shares and other securities. It provides a system that brings together companies, investors and market participants.<\/p>\n<p style=\"text-align: justify;\">Think about a normal market in Zambia. A market brings buyers and sellers together. A seller has something to offer, while a buyer has money and wants to purchase it. The stock market works on a similar basic idea, but instead of buying vegetables or clothes, people trade financial securities such as shares.<\/p>\n<p style=\"text-align: justify;\">A share represents ownership in a company. When you buy shares in a listed company, you become a shareholder. Companies can use the capital raised from issuing shares to support their business and growth.<\/p>\n<p style=\"text-align: justify;\">In Zambia, an important part of the local capital market is the <strong><a href=\"https:\/\/www.zambiashares.com\/\">Lusaka Securities Exchange<\/a>, commonly known as LuSE<\/strong>. Investors can participate in the market through the appropriate processes and intermediaries, including stockbrokers.<\/p>\n<p style=\"text-align: justify;\">In this lesson, you will learn how the stock market works, why companies issue shares, who buys and sells shares, what stockbrokers do, how share prices can change and why the stock market can be important to the Zambian economy.<\/p>\n<p style=\"text-align: justify;\">The goal is not to make you a trader. The goal is to help you understand <strong>where shares come from, where they are traded and how the different parts of the market connect together<\/strong>.<\/p>\n<p style=\"text-align: justify;\">Once you understand this foundation, the later lessons about shares and the Zambian market will become much easier to follow.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When people hear the words stock market, they may imagine numbers moving on a computer screen or people buying and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"elementor_theme","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[8],"tags":[],"class_list":["post-106","post","type-post","status-publish","format-standard","hentry","category-money-investing-basics"],"rttpg_featured_image_url":null,"rttpg_author":{"display_name":"ZambiaShares.com","author_link":"https:\/\/www.zambiashares.com\/learn-investing\/author\/invstzmadmin\/"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/www.zambiashares.com\/learn-investing\/category\/stock-market-learning\/money-investing-basics\/\" rel=\"category tag\">Money &amp; Investing Basics<\/a>","rttpg_excerpt":"When people hear the words stock market, they may imagine numbers moving on a computer screen or people buying and [&hellip;]","_links":{"self":[{"href":"https:\/\/www.zambiashares.com\/learn-investing\/wp-json\/wp\/v2\/posts\/106","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zambiashares.com\/learn-investing\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zambiashares.com\/learn-investing\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zambiashares.com\/learn-investing\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zambiashares.com\/learn-investing\/wp-json\/wp\/v2\/comments?post=106"}],"version-history":[{"count":0,"href":"https:\/\/www.zambiashares.com\/learn-investing\/wp-json\/wp\/v2\/posts\/106\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.zambiashares.com\/learn-investing\/wp-json\/wp\/v2\/media?parent=106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zambiashares.com\/learn-investing\/wp-json\/wp\/v2\/categories?post=106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zambiashares.com\/learn-investing\/wp-json\/wp\/v2\/tags?post=106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}