MARKET UPDATE 15 – MAY – 17

On our local stock market we had a relatively busy week with a total of 53,575 shares exchanged, accumulating to $119,961 in consideration in over 36 transactions. The securities traded were Amalgamated Telecom Holdings Ltd, Free Bird Institute Limited, FMF Foods Ltd, Vision Investments Ltd and Fijian Holdings Ltd. The major market mover last week was FHL’s share price gain of $0.03 closing the week at $4.28. Following the FHL gain, the overall market capitalisation rose a further 0.02% ($313,940) to conclude at a value of $1.368 billion. And the SPSE Total Return Index also gained 0.02% (0.76 pts) to conclude the week at a value of 3321.42.

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