SOUTH PACIFIC STOCK EXCHANGE BRIEFLY

■ The overall market value recorded a growth of 6.26 per cent ($133,204,004) over the month of May and concluded at a maximum value of $2,259,864,597. Comparing the market capitalisation movement on a 12 monthly basis shows that the aggregate market value has grown by 61.34 per cent over the May 2017 to May 2018 period.

Also the monthly trend depicts a 4.00 per cent average monthly growth in market value over the preceding 12 month period.

Last month, six new investors sought investment opportunities in the stock market during the month of May while eleven existing investors were seeing to be reentering the market either increasing their existing shareholdings in listed companies and/or in some cases diversifying their investment portfolio by investing in additional companies.

On a year-todate basis, a total of 45 new investors have now entered the stock market over the first five months of the year.

In terms of investor type last month, saw that all the new investors were individuals.

These individuals include private and public sector employees. Overall and on a year-to-date basis, individual investors occupy the major portion of investors by investor type.