SPSE TRADING SUMMARY FOR THE WEEK ENDED 2ND APRIL

Transcription

SPSE TRADING SUMMARY FOR THE WEEK ENDED 2ND APRIL
SPSE TRADING SUMMARY FOR THE WEEK ENDED 2ND APRIL 2015
Week in review
The telecommunications giant, Amalgamated Telecom Holdings Limited (ATH) and the restricted security, Fijian
Holdings Limited (FHL) were the two securities witnessing market activities on the SPSE e-trading platform this week.
FHL saw its share price ascend $0.06 to end the week at $3.70 while the week ending share price for ATH despite
seeing a intra-week high of $1.01 remained unchanged at $1.00 in comparison to the closing share price of last
week. The positive price return of 1.65% generated by FHL led to the overall capitalisation of the market to rise
0.07% and conclude the week at a value of $940,224,111.
The market barometer, SPSE Total Return Index (STRI) rose 0.14% to end the week at a value of 2428.38 due to the
increase in the share price for FHL as well as a dividend return of 1.64% generated by Toyota Tsusho (South Sea)
Limited (TTS). TTS shareholders will receive their portion of $0.05 per share dividend on 10th April 2015.
In terms of trading statistics, 11 trades were recorded with 27,213 shares exchanging hands to accumulate a value of
$71,979.
The new order flow analysis for the week showed a positive trend and accumulated an aggregate consideration of
$73,650. The new orders were mostly recorded for FHL and ATH.
The overall unexecuted orders saw the total shares on bid decrease by 2.33% from the prior week while the total
number of shares on offer remained the same. The bid to offer ratio stands at 1:1.
Kontiki Growth Fund Limited (KGF) still stands as the security with the narrowest bid to offer margin with a spread of
$0.26 while Paradise Beverages (Fiji) Limited (PBF) still remains as the widest bid to offer margin security with the
spread of $3.98.
The market announcements platform recorded several market releases this week. Pleass Global Limited (PBP), VB
Holdings Limited (VBH), Kontiki Growth Fund Limited (KGF), FijiCare Insurance Limited (FIL), Communications (Fiji)
Limited (CFM) and PBF submitted their audited financial statements for the year ended 31 st December 2014.
Furthermore, FHL declared an interim dividend for the six months ended 31st December 2014. CFM also declared a
second interim dividend for its shareholders while ATH announced that it has been selected by the Kiribati
Government as the winner of the sale by auction of the assets of Telecommunications Services Kiribati Limited.
For further information, please feel free to contact us on 330 4130 or e-mail on [email protected]
Jinita Prasad
Chief Executive
02/04/2015