SUNBIZ

SPSE Trading Summary For The Week Ended 4th March 2016

The e-trading platform saw an additional $181.6 million added to the overall SPSE Market Cap at the exchange as we start the beginning of month of March. This week, due
07 Mar 2016 16:05
SPSE Trading Summary For The Week Ended 4th March 2016
SPSE

The e-trading platform saw an additional $181.6 million added to the overall SPSE Market Cap at the exchange as we start the beginning of month of March.

This week, due to the Vision Investment Limited (VIL)  listing, the new order flow recorded a surge with an aggregate consideration of

$ 9,382,624.

 

Price movement:  RBG ’s share price rose by 0.65% (+$0.02) to close the week at $3.10. The newly listed company, VIL also gained $0.05 during the first week of trading and concluded the week at a share price of $1.75 (an increase of 2.94% from the listing day share price).

Price Loss: CFM share price fell by 0.48% ($0.02) to close the week at $4.14.

 

Securities Traded:  Communications Fiji Limited (CFM), RB Patel Group Limited (RBG), Fijian Holdings Limited (FHL) and Vision Investments Limited (VIL).

 

Volume and Value Traded: As expected, the listing of VIL was the highlight of the week ’s trading activities garnering a total volume of 31,576,768 shares with a consideration of $50,214,086 recorded in 340 trades over the week. Additional trades were also recorded in CFM, FHL and RBG shares.

Aggregating the over all statistics for the week saw the volume and value of trades standing at 31 , 579 , 360 and $ 50 , 222 , 756.

New Investors: The listing of VIL resulted in the entry of 151 new investors to the Fijian stock market.

Market Capitalisation:  VIL’s addition to the SPSE’s official list as well as an increase of 2.94% in VIL’s share price over the week combined with a positive price return generated by the supermarket chain, RBG resulted in a 16.69% ascent for the overall market capitalisation value.

STRI (after necessary adjustments to the divisor to eliminate the impact of VIL listing) rose by 1.45% over the week .

The increase is reflective of the shar e price gains recorded by VIL and RBG as well as a 2.4 0 % dividend return generated by the market heavyweight, ATH.

Announcements:  APP, FMF, RCF & FFF all released their half year financials for the six months ended 31 st December 2015 ; VIL, with their very first release updated the market about their official listing on SPSE and the appointment of two Independent D irectors to their board

SPSE Update: Stock market investors can now electronically access their investment portfolio details online. To use this exciting new feature: visit the CSRL website on www.csr.com.fj .

For more information on listed company announcements, performance, share prices, historical dividend yield and capital gains/losses and investor education material, please visit our website: www.spse.com.fj.

 

 

Feedback:  sunbiz@fijisun.com.fj

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