SPSE Weekly Market Review For the Week Ending January 18

The weekly market review released by the South Pacifc Stock Exchange (SPSE) summarises the exchange issues news flash providing a summary of key stock market indicators.

Top 5 listed Securities

The top five listed securities were Amalgamated Telecom Holdings Ltd (ATH) ranking the highest with 43.76 per cent, Vision Investments Ltd (VIL) with 14.46 per cent, followed by FMF Foods Limited (FMF) 10.21 per cent, Fijian Holdings Limited (FHL) at 8.29 per cent and RB Patel Group Ltd (RBG) 5.54 percent.

Key Stock Market Indicators

Market capital showed a positive change of 0.60 per cent with the current weeks capital of $3, 085, 408, 647. SPSE Total Return Index (STRI) also showed a change of 0.60 per cent with the current week’s returns index of 7183.65.

Their was a substaintial increase in the current weeks trade of 72 as compared to 29 the previous week a posi- toive change of 148. 28 per cent.

Securities traded in the current were six and compare to three in the previous week, a change of 100 per cent.

Volume of trade showed a negative change of 65.63 per cent while value traded also showed a negative change of 33.75 per cent.

Price Movements

Atlantic & Pacific Packaging Company Ltd (APP) opened at $1.50 and closed at $1.55 which showed a 3.33 per cent increase.

Free Bird Institute Ltd (FBL) opened at $3.05 and closed at $2.98 which showed a negative change of 2.30 per cent.

Vision Investments Ltd (VIL) had a positive change of 3.86 per cent opening with $4.14 and closing at $4.30. BSP Convertible Notes Ltd had the highest change of 4.08 per cent, opening price at $12.50 and closing at $13.01.

Details of the historic Memorandum of Understanding (MoU) signing between SPSE and Colombo Stock Exchange (CSE) were also highlighted.