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MARKET SUMMARY: Stock Exchange Records $98k Worth Of New Orders

Latileta Qoro is the chief executive of South Pacific Stock Exchange.   The South Pacific Stock Exchange recorded $98,115 worth of new orders the past week. Buy and/or sell interests
17 Aug 2015 13:19
MARKET SUMMARY: Stock Exchange Records $98k Worth Of New Orders
South Pacific Stock Exchange CEO, Latileta Qoro.

Latileta Qoro is the chief executive of South Pacific Stock Exchange.

 

The South Pacific Stock Exchange recorded $98,115 worth of new orders the past week.

Buy and/or sell interests were recorded for Amalgamated Telecom Holdings, BSP Convertible Notes, Communications Fiji Limited, FMF Foods, Fijian Holdings, Fiji TV, Paradise Beverages, Rice Company of Fiji and VB Holdings shares.

The volume of new orders ranged from 86 shares (RCF) to 6,325 shares (FMF) while the value of new orders ranged from $301 (RCF) to $20,250 (FHL).

ATH, BSP Convertible Notes Limited, Fijian Holdings, FMF Foods Limited (FMF), Fiji TV, Paradise Beverage and VB Holdings were the securities which were traded

 

Price Movements

Gains were recorded for ATH which increased by $0.01 to close at $1.10, FHL by $0.01 to close at $4.01, VBH by $0.05 (highest price movement for the week) to close at $3.35 and PBF by $0.02 to close at $11.05.

Loss was recorded for Fiji TV which dropped $0.05 to close at $2.45.

Volume and Value Traded

While the week’s trading volume recorded a marginal decrease, the value traded increased by 67.94% ($13,767).

Trading volume and value now stand at 13,666 and $34,030 respectively.

Overall market capitalisation increased to $986,362,931 owing to the week’s four price gainers.

STRI, the index of total dividend and share price returns consequently increased to conclude the week at2566.31.

 

Bid-Offer Spread

FHL shares recorded the narrowest bid-offer margin with a spread of $0.04.

PBF maintained the widest bid-offer margin with a spread of $3.97.

A bid-offer margin was also recorded for FMF, KGF and RCF with the spread of $0.32, $0.15 and$0.30 respectively. The bid to offer ratio remains unchanged at 1:1.

 

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