Week in Review
Amongst the securities witnessing trades this week were; Fijian Holdings Limited (FHL), supermarket chain, RB Patel Group Limited (RBG), Fiji Television Limited (FTV) and the market heavyweight, Amalgamated Telecom Holdings Limited (ATH). In aggregate, 22,243 shares exchanged hands in 15 transactions garnering $34,871 in consideration.
The overall capitalisation of the market with the SPSE Total Return Index (STRI) remained unchanged for the week at $829,904,201 and 2065.19 respectively. However, while reviewing the week of trading activities on the SPSE etrading platform, ATH witnessed an intra-week high share price of $0.86 despite ending with a price of $0.85 at close of trading on Friday.
The new order flows continued on its healthy trend as an aggregate consideration of $95,256 was recorded on the orders platform. New orders were mostly recorded for; FHL, FTV, ATH, RBG, CFM, TTS and VBH.
In terms of overall unexecuted orders on the e-trading orders platform, the total shares on bid fell 1.33% with the total shares on offer increasing slightly by 0.05%. The SPSE bid to offer ratio remained unchanged at 1:1.
Toyota Tsusho (South Sea) Limited (TTS) now ranks as the widest bid-offer margin security with a spread of $2.50 with ATH posing as the narrowest bid to offer margin security with a spread of $0.01.
The SPSE market announcements platform recorded four market releases for the week. Kontiki Growth Fund Limited (KGF) issued a corrected market announcement relating to its audited financial statements for 2013.
RBG announced the closure of its Waimanu Road Store while Fiji TV announced the launch of its new product – one shopping network and also announced the launch of its new premium channel on Sky Pacific.
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