Week in review
FMF Foods Limited (FMF), Fiji Television Limited (FTV), Paradise Beverages (Fiji) Limited (PBF) and Fijian Holdings Limited (FHL) were the four securities witnessing trades on the SPSE e-trading platform for the week under review.
In aggregate, 3,406 shares exchanged hands in 13 transactions accumulating $9,158 in consideration. While the share price for FMF remained unchanged, other securities witnessed price falls resulting in the overall capitalization of the market to fall 0.12%. The market capitalisation ended the week of trading at a value of $798,252,355.
The SPSE Total Return Index (STRI) also saw a 0.12% decrease due to the negative price returns generated. STRI ended the week at a value of 1942.93. The new order flow slowed for the week recording $47,177 in consideration.
New orders were recorded for FHL, PBF, FMF, RCF, ATH and FTV.
In terms of overall unexecuted orders on the e-trading order platform, the total shares on bid increased by 0.10% with the total shares on offer also seeing an increase of 0.40%.The SPSE bid to offer ratio remained unchanged from prior week and closed at 1:2.
ATH now stands as the narrowest bid-offer margin security with a spread of $0.02 while Fiji TV ranks as the widest bid to offer margin security with a spread of $1.15.
The SPSE market announcements platform recorded three releases for the week. BSP Convertible Notes Limited (BCN) submitted BSP PNG?s full year results for 2013. Pacific Green Industries Limited (PGI) released information on a fire in Kiln at the company premises. Kontiki Growth Fund Limited (KGF) submitted the company?s net asset value as at 28th February 2014.
For further information, please feel free to contact us on 330 4130 or e-mail on email@example.com