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Fiji Time: 7:21 PM on Thursday 20 June

/ Front page / Business

Trading platform shows improvement

Elenoa Baselala
Saturday, June 16, 2012

DESPITE a four day week, the overall trading on the SPSE e-trading platform improved from the prior week.

14,199 shares exchanged hands in 14 transactions this week garnering $30,016 in consideration.

Similar interest was noted in-terms of order flow, as $38,356 worth of new orders were registered on the platform.

Since there were no price movements recorded in the securities, the overall market capitalisation remained unchanged at $738,593,861.

The SPSE Total Return Index (STRI) saw a rise of 0.14 points this week as the dividend per share of $0.01 declared by Pleass Beverages & Packaging Limited (PBP) reached its close of register date generating a dividend return of 1.11 per cent. The STRI closed the week at a value of 1671.79.

On the announcements platform this week; Toyota Tsusho (South Sea) Limited (TTS) announced the appointment of Mr Digby Bossley as an Independent Director.

FHL announced the company had increased its stake in Blue Lagoon Cruises Limited from 70 per cent to 93.2 per cent.

Fiji Television Limited (FTV) responded to speculation on non-renewal of its broadcast licence with a statement from the chairperson of the board.

Upcoming events- Pleass Beverages will hold its stakeholder briefing on Wednesday, June 20 at Tower 11, RBF Building.