Looking at our stock market activity last week, Amalgamated Telecom Holdings or ATH shares gained a further one cent and concluded the week at a new all-time high share price of $1.32. Free Bird Institute Ltd or FBL shares also continue their rising trend and gained a further 5 cents to close the week at $2.30.
Consequent to the share price gains recorded by ATH and FBL shares, the overall market capitalisation increased by 0.32 percent and concluded the week at a value of $1.35 billion.
The SPSE Total Return Index posted a gain of 0.99 percent to conclude at a value of 3271.18 after seeing capital gains as well as dividend returns generated by FBL, ATH and Communications Fiji Ltd.
Finally, 5 new first time investors were recorded on the SPSE last week.