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Fiji Time: 8:46 PM on Wednesday 22 May

/ Front page / Business

New registrations boost market interest

Elenoa Baselala
Saturday, June 09, 2012

THE SPSE Total Return Index (STRI) remaining unchanged for the week at 1671.65 but the market still witnessed new interest coming on to the market as $34,367 worth of new orders were registered on the trading platform this week.

Looking at the overall trading, 20,827 shares exchanged hands collecting $20,162 in consideration.

The two securities that traded this week include Amalgamated Telecom Holdings Limited (ATH) and Fijian Holdings Limited (FHL).

On the announcements platform this week, FHL announced the resignation of Mr Ilimotama Cawi as a director while FMF Foods Limited (FMF) stated that one of its subsidiaries, Biscuit Company of Fiji Limited, experienced reduction in export sales during the period March to May 2012 compared to same period last year.

However, FMF also added that there were improvements seen from June. Concluding the week of announcements, Future Forests Fiji Limited (FFF) declared its second interest payment of 3.75 per cent to its note-holders.

SPSE is also launching a new development initiative named Investor Education Briefings.

Participants in this seminar will be able to get first hand information on listed companies financial performance, core business and future outlook.

SPSE will also have licensed broker representatives present in this seminar to give advice on what shares are best suited for you in meeting your financial goals.