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STRI up by 0.11pc

Elenoa Baselala
Saturday, April 14, 2012

DURING this four-day week, the SPSE Total Return Index (STRI) rose in aggregate by 0.11 per cent to close the week at 1734.92.

The rise in the index is attributed to the share price increase in the restricted security, Fijian Holdings Limited (FHL), the dividend return generated by Communications Fiji Limited (CFM) of 2.29 per cent and the interest return of 2.96 per cent generated by BSP Convertible Notes Limited (BCN).

Moreover the overall capitalisation of the market rose slightly by 0.01 per cent due to the price return of 0.36 per cent generated by FHL.

In terms of overall trading during the week under review, 7940 shares exchanged hands garnering $21,625 in consideration. RB Patel Group Limited (RBG) and FHL were the only two securities witnessing trades on the e-trading platform this week.