MARKET UPDATE 29 – JAN – 2018

Let’s look at the South Pacific Stock Exchange market wrap for last week.

A total of 458,501 shares exchanged hands in 25 transactions. Total consideration amounted to $1,869,520.

This included a one-off transaction recorded for VB Holding shares whereby 356,285 shares totalling $1,603,283 was executed between two related parties via a special crossing trade.

In other share price movements, we had:

Amalgamated Telecom Holdings shares increased by 3.00% and concluded at $2.06;  Free Bird Institute shares recorded a growth of 1.92% to end the week at $2.65; FMF shares rose by 1.74% to close at $1.17;Fiji TV shares increased 5.53% & ended the week at $2.10; TTS shares also rose to a new maximum share price of $4.90 after seeing an increase of 0.82%; and Vision Investments shares rose by a further 6.76% this week and ended at a new best share price of $3.00.

There were no price losses recorded for the week.

The overall market capitalisation rose by 2.67% to end the week at $1.91 billion.

And that’s the wrap from our local stock market…..Vinaka.

Download: FX Rates 29.01.18

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