Market activity overview securities traded for the week was Amalgamated Telecom Holdings Limited (ATH) and Fijian Holdings Limited (FHL).

In terms of Price Movements ATH’s share price increased by 0.93% ($0.01) to close the week at $1.09 with FHL also seeing a share price increase of 0.50% ($0.02) to close at $4.05.

Volume and Value Traded

Activity on the e-trading platform eased this week in comparison to last week with trading volume and value concluding at 8,012 and $11,895 respectively. For Market Capitalisation & SPSE Total Return Index (STRI) , despite the relatively lower trading levels, the market capitalisation noted an increase of 0.45% driven primarily by the increases in the ATH and FHL share prices.

The market capitalisation closed the week at $988,645,469. STRI, the measure of total dividend and share price returns also recorded an increase of 0.45% to close the week at 2619.44

New Order Flow

The new order flow consideration saw an increase of 12.03% to close the week at $112,008. The order flow was mostly driven by buy interests (91.25% or $102,213). In terms of Bid-Offer Spread – Kontiki Growth Fund Limited (KGF) continues to pose as the security with the narrowest bid-offer margin with a spread of $0.02.

Paradise Beverages (Fiji) Limited (PBF) maintains the widest bid-offer margin with a spread of $3.98. Bid to Offer ratio stands at 1:0.4; continuing to reflect the strong presence of investors that are looking for suitable securities at an agreeable price.

Market Announcements

FHL declared a final dividend worth $3.351 million ($0.11 per share) which will be paid out on 28th October 2015 and released its notice of AGM which will be held on 23rd October 2015. Future Forest (Fiji) Limited (FFF) updated the market regarding the delay in the release of their audited financial statements.