Trading for last week

Below is the South Pacific Stock Exchange trading summary for last week.

Securities Traded – Amalgamated Telecom Holdings Limited (ATH), Free Bird Institute Limited (FBL), Vision Investments Limited (VIL) and Fijian Holdings Limited (FHL).

Price Movements

Price Gain: Capital gains was the flavour of the week for FHL as the shares witnessed a gain of 6.38% (+$0.30) to conclude the week at a new maximum share price of $5.00.

Price Loss: There was no price loss for the week ended.

Volume and Value Traded

Retail investors trading small parcels of shares dominated the week’s trading activities.

A total of 25,729 shares exchanged hands in five transactions garnering $152,445 in value.

New Order Flow

Aggregate new order flow consideration this week stood at $167,874 with high orders emerging primarily for FHL, RB Patel Group Limited (RBG) and Communications Fiji Limited (CFL) shares. A higher percentage standing at 97.15% was represented by an interest to purchase shares in SPSE listed stocks.

Market Capitalisation and STRI

The overall market value closed the week stood at $1,655,832,631 with an increase of 0.19% ($3,139,395).

The rise in market value is due to the positive share price returns generated by FHL shares. STRI raised by 1.24% reflecting the share price movements during the week as well as dividend returns by ATH (2.22%), CFL (1.84%) and FBL (2.86%) shares. STRI closed the week at a value of 4116.91.

SPSE Update

Upcoming Annual General Meetings (AGMs): BRG – 25th September 2017. VIL – 26th September 2017. FTV – 16th October 2017.

The upcoming dividend payments are: ATH $0.04 per share (20th September 2017), CFL $0.08 per share (22nd September 2017), FBL $0.07 per share (25nd September 2017) and FTV $0.04 per share (2nd October 2017).

Contact the SPSE on 3304 130 or info@spse.com.fj for more information.