Week in review

Amalgamated Telecom Holdings Limited (ATH), Fijian Holdings Limited (FHL), Kontiki Growth Fund Limited (KGF) and The Rice Company of Fiji Limited (RCF) were the listed stocks witnessing trades during the week under review.

The overall market activity remained akin to the activities of prior week as an aggregate consideration of $15,380 was accumulated for the 17,379 shares that exchanged hands in 13 transactions.

In terms of share price movements, KGF witnessed a 3.45% increase in its share price to end the week at $0.30 while ATH recorded a 2.22% share price drop to end the week at $0.88. The share prices for FHL and RCF remained unchanged at $3.40 and $2.90 respectively.

Aggregating the share price movements for the week saw the overall capitalisation of the market dipping 0.97%, which at close of trading on Friday stood at $861,290,536. The share price movements also resulted in the SPSE Total Return Index (STRI) to fall 0.97% to end the week of trading activities at a value of 2147.92.

The new order flow analysis showed a slow pattern of order flows this week in comparison to the new order flow statistics of prior weeks. An aggregate consideration of $29,156 was recorded amongst which new orders emerged for Communications Fiji Limited (CFM), RB Patel Group Limited (RBG), VB Holdings Limited (VBH),

Paradise Beverages (Fiji) Limited (PBF), FHL, KGF, RCF and ATH.

In terms of overall unexecuted orders on the e-trading orders platform, the total shares on bid fell slightly by 0.51% while the total shares on offer increased slightly by 0.12%. The SPSE bid to offer ratio remained unchanged from prior week and closed at 1:1.

Atlantic & Pacific Packaging Company Limited (APP) now stands as the narrowest bid-offer margin security with a spread of $0.05 while Fiji Television Limited (FTV) poses as the widest bid-offer margin stock having a spread of $1.00.

The SPSE market announcements platform remained mostly quiet and recorded two press releases for the week.

BSP Convertible Notes Limited (BCN) submitted the company’s half year financial results for the six months ended 30th June 2014 while Fiji Television Limited (FTV) submitted the company’s audited financial statements for the year ended 30th June 2014.

For further information and for the purpose of seminar registrations, 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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