CAPTION: SPSE CEO Jinita Prasad. File Photo.

Week in Review

The SPSE e-trading platform remained lively during this four-day week with 1,038,075 shares exchanging hands garnering an aggregate consideration of $888,810.

Telecommunications giant, Amalgamated Telecom Holdings Limited (ATH), VB Holdings Limited (VBH) and Pacific Green Industries (Fiji) Limited (PGI) were the three securities witnessing trades on the SPSE platform this week.

VBH saw its share price increasing by 1.00% to end the week at $3.03 while ATH saw a dip of 1.19% in its share price closing the week at $0.83. PGI’s share price remained unchanged for the week at $2.00. Due to the negative price return generated by ATH’s share price fall, the overall capitalisation of the market fell 0.52% concluding at a value $798,363,431.

The SPSE Total Return Index (STRI) ended the week at a value 1873.61, a 0.48% fall for the week. Including a negative price return from ATH, STRI saw a positive price return from VBH plus a dividend return of 0.91% from Toyota Tsusho (South Sea) Limited (TTS). The TTS shareholders will receive their share of dividends on 12th April 2013.

The new order flow once again maintained its momentum from last week with an aggregate consideration of $1,756,829 being recorded on the order platform this week. Slightly more than 51% consideration of these orders was represented by an interest to purchase securities on the SPSE. New orders were mostly noted for VBH, FTV, FHL, FMF, FGP and PGI.

ATH continues to rank as the narrowest bid-offer margin security with a spread of $0.03 while The Rice Company of Fiji Limited (RCF) now ranks as the widest bid to offer margin security with a spread of $1.10. On the order platform, the total securities on bid saw a slight increase of 0.14% while the total securities on offer fell by 1.49%. The bid to offer ratio at close of trading on Friday stood at 1:1.

On the listed company market announcements platform, only a single release was recorded for the week where, Fijian Holdings Limited (FHL) declared the first interim dividend for its shareholders.

For further information, please feel free to contact us on 330 4130 or e-mail on info@spse.com.fj

Jinita Prasad

Chief Executive


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