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Fiji Time: 1:40 AM on Friday 25 April

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Week in SPSE

Geraldine Panapasa
Saturday, January 19, 2013

SIXTEEN transactions were recorded on the South Pacific Stock Exchange e-trading platform this week with an aggregate 16,201 shares exchanging hands and garnering $43,907 in consideration.

SPSE chief executive officer Jinita Prasad said supermarket chain RB Patel Group Limited (RBG) and restricted security Fijian Holdings Limited (FHL) contributed to the radiance of trading activities on the platform this week.

"RBG noted an increase in its share price which rose to another all-time high of $2.20 while FHL saw an increase of 0.34 per cent in its share price which now stands at $2.91," she said.

"The overall capitalisation of the market rose 0.20 per cent and stood at more than $817.85m at close of trading yesterday.

Positive movements in share prices together with a dividend return of 2.71 per cent generated by Communications Fiji Limited (CFM) resulted in the SPSE Total Return Index (STRI) to ascend as well.

At the close of trading, STRI stood at 1898.50, a 0.22 per cent increase for the week under review."