THIS week, the SPSE e-trading platform witnessed an exchange of 12,845 shares accumulating $35,593 in value.
There were a total of 42 transactions on the market during the week under review.
The overall capitalisation of the market fell 0.53 per cent ending the week at a value of $788,630,668. In-terms of the overall order flow, a total of $39,412 worth of new orders was registered on the platform this week.
The SPSE Total Return Index, STRI fell 0.53 per cent ending the week at 1801.30. The fall in the market capitalisation weighted total return index was because of a negative price return generated by the market heavy weight, Amalgamated Telecom Holdings Limited (ATH) of 1.20 per cent.
Price Gainers
None
Price Falls
ATH was the only stock to witness a price fall this week. The share price at close of trading on Friday stood at $0.82.
No Movements
The restricted security, Fijian Holdings Limited (FHL) saw execution of more of its unexecuted dividend re-investment parcels this week with the share price remaining invariable for the week at $2.85.
Other Market Highlights
There are now three bid-only and three offer-only securities on the market at the end of trading yesterday. Foster's Group Pacific Limited (FGP) still ranks as the widest bid-offer margin security with a spread of $4.16 with ATH continuing to pose as the narrowest bid to offer margin security with a spread of $0.03.
Market Releases
There were six market releases for the week. FijiCare Insurance Limited (FIL) released its stakeholders briefing presentation held earlier in the week. FHL announced the appointment of a new Director.
VB Holdings Limited (VBH) declared its first interim dividend and also released the company's half yearly results as at 30th June 2012.
RB Patel Group Limited (RBG) released the company's Annual Report for the year ended 30th June 2012 and also released its Stakeholders Briefing Presentation.