THE overall order flow on the SPSE e-trading platform for this week remained sturdy with $71,622 worth of new orders being registered for the listed securities.
In-terms of trading activities on the platform, 29,638 shares exchanged hands accumulating $38,152 in consideration. Furthermore, the overall capitalisation of the market rose 0.52 per cent concluding the week at a value of $783,208,449.
The SPSE Total Return Index (STRI) rose 1.61 per cent or 28.61 points ending the week at 1808.94. During the week, STRI witnessed a positive price return from Amalgamated Telecom Holdings Limited (ATH) together with a dividend impact of 2.47 per cent for the $0.02 per share dividend declared earlier. The ATH shareholders will be paid their share of dividends on the 26th of September 2012.
Price gainers
ATH was the only security to witness a share price rise. The share price rose by $0.01 closing the week at $0.81. The security saw four trades with a quantity of 7,662 shares collecting $6,206 in consideration. ATH is also ranked the narrowest bid to offer margin security with a spread of $0.01.
Price falls
KGF was the only security to witness a share price fall this week. The security saw its share price at close of trading today (Friday) standing at $0.25.
No movements
The restricted security, Fijian Holdings Limited (FHL) with Foster's Group Pacific Limited (FGP) and FMF Foods Limited (FMF), despite witnessing trades, did not see any price movements during the week under review. FHL continues to trade at $2.86, with FGP and FMF trading at $13.14 and $0.42 respectively.
Other market highlights
There are still four bid-only and now three offer-only securities on the market at the end of trading yesterday (Friday) with FGP continuing to rank as the widest bid-offer margin security with a spread of $4.13 with ATH continuing to pose as the narrowest bid to offer margin security.