THE week ended with the overall capitalisation of the market rising 0.05 per cent with a value of $792,747,070.
The rising market value is attributed to the rise in the share prices of the supermarket chain, RB Patel Group Limited (RBG) to another all time high of $2.12 and the restricted security, Fijian Holdings Limited (FHL) to $2.84. In aggregate, 4,411 shares traded this week accumulating a consideration amount of $10,609.
In terms of order flow, the e-trading platform witnessed an increase from the prior week registering $55,605 worth of new orders during the week under review.
Moreover, the SPSE Total Return Index (STRI) remained simultaneous with the market value rising 0.05 per cent as well.
The rise in the market capitalisation weighted total return Index is entirely due to price returns of 0.35 per cent and 0.47 per cent generated by FHL and RBG respectively. The SPSE barometer now stands at 1803.88.
RBG saw an increase of $0.01 in its share price closing the week at $2.12. The stock traded in two transactions with 2,464 shares exchanging hands collecting $5,213 in consideration. The stock is bid-only with the most lucrative bids placed at $2.11.
Moreover, FHL saw its share price increasing by $0.01 closing the week at $2.84. The security traded in four transactions with 1,392 shares exchanging hands accumulating $3,953 in value.
FHL has several unexecuted bids at $2.84, of which most of the bids are dividend reinvestment parcels.