THE Securities Exchange Commission (SEC) has disclosed that market capitalization surged by 15 percent to K296.2 billion in the second quarter of the year. SEC Chief Executive Officer Philip Chitalu says this has pushed the Market Capitalization-to-GDP ratio to 53.1 percent, well above the Capital Markets Master Plan (CMMP) target of reaching 30 percent by 2027. Meanwhile, Chitalu has disclosed that the total outstanding corporate bonds stood at K4.89 billion, reflecting an 11.4 percent decline from K5.23 billion recorded in the previous quarter. Speaking at a media briefing, Tuesday, Chitalu said the surge in the market capitalisation brought the total savings in the capital market to K304.4 billion or 55 percent of the GDP. “During the second quarter of 2025,...