BISX Office Closure
PRESS RELEASE – FOR IMMEDIATE RELEASE
Tuesday October 4, 2016
BISX Hurricane Closure Procedures
The Bahamas International Securities Exchange Limited (BISX) wishes to inform the public that due to the threat of Hurricane Matthew and the issuance of a Hurricane Warning for New Providence, BISX’s office will be closed Tuesday October 4, 2016. Given the unpredictable nature of hurricanes, BISX will remain closed until the hurricane passes. Trading will resume once BISX has notified the public and its Members.
Please be advised of the following:
DATE: Tuesday October 4, 2016
OFFICE HOURS: Closed at 12 p.m.
NOTES: Subject to weather conditions
BISX Contact Details:
Mrs. Elude Sturrup
Bahamas International Securities Exchange Limited
Tel: (242) 323-2330
Fax: (242) 323-2320
Email: info@bisxbahamas.com
Attachments
BISX Q2, 2016 Statistical Report
FOR IMMEDIATE PUBLICATION
JANUARY TO JUNE 2016 STATISTICAL REPORT
BISX is pleased to announce its BISX All-Share Index and trading statistics for the six month period ending June 30, 2016 with comparison to the same period of 2015.
BISX ALL SHARE INDEX
For the six month period ending June 30, 2016 the BISX All-Share Index closed at 1,963.81. This represents a year to date increase of 139.96 or 7.67%. By comparison for the six month period ending June 30, 2015 the BISX All-Share Index closed at 1,730.34. This represented a year to date increase of 71.04 or 4.28%. The BISX All-Share Index is a market capitalization weighted index comprised of all primary market listings excluding debt securities.
As at June 30, 2016 the market was comprised of 20 ordinary shares with a market capitalization of $4.17 Billion. In addition, there were 13 preference shares with a market capitalization of $327.36 Million and 16 bonds with a face value of $505 Million.
COMPARISON OF BISX ALL SHARE INDEX TO INTERNATIONAL INDICES
Over the 6 month period January 1 to June 30, 2016, some international equity markets have experienced increases as indicated by the chart below:
Closing Date | MSCI Emerging Market Index | S&P 500 Index | FTSE 100 Index | BISX All Share Index |
Dec 31, 2015 | 794.139 | 2,043.94 | 6,242.30 | 1,823.95 |
Jun 30, 2016 | 834.100 | 2,098.86 | 6,504.33 | 1,963.91 |
Percentage Change (+/-) | 5.03% | 2.69% | 4.20% | 7.67% |
TRADING VOLUMES AND VALUES
Trading volume for the six month period January 1, 2016 to June 30, 2016 was 2,960,687 shares for a value of $15,450,808.65. Trading volume for the six month period January 1, 2015 to June 30, 2015 was 1,187,758 shares for a value of $7,572,515.49.
Trading volume for the three month period April 1, 2016 to June 30, 2016 was 2,061,562 shares for a value of $8,113,378.95. Trading volume for the three month period April1, 2015 to June 30, 2015 was 588,771 shares for a value of $3,414,740.17.
AVERAGE DAILY VOLUME AND VALUE
For the six month period from January 1, 2016 to June 30, 2016, the average volume per trading day was 23,590 shares for a value of $123,531.68. By comparison, for the six month period from January 1, 2015 to June 30, 2015, the average volume per trading day was 9,547 shares for an average value of $61,311.42.
Month | Avg. volume / trading day (2015) | Avg. volume / trading day (2014) | Avg. value / trading day (2015) | Avg. value / trading day (2014) |
January | 11,672 | 6,176 | $114,183.37 | $37,290.51 |
February | 21,979 | 11,754 | $162,333.08 | $97,775.11 |
March | 9,720 | 10,927 | $78,322.27 | $66,202.86 |
April | 2,381 | 5,256 | $17,441.96 | $42,475.78 |
May | 9,224 | 6,335 | $72,052.88 | $41,384.60 |
June | 86,565 | 16,998 | $296,856.53 | $82,739.65 |
Average for period | 23,590 | 9,574 | $123,531.68 | $61,311.42 |
SHARE VOLUME AND VALUE LEADERS (SIX MONTH PERIOD)
The top five share volume leaders on BISX for the six month period January 1, 2016 to June 30, 2016 with their contribution to total traded volume displayed as a percentage were:
SYMBOL | TRADE VOLUME | % OF VOLUME |
DHS | 1,522,749 | 51.4% |
FCL | 325,826 | 11.0% |
CBL | 270,808 | 9.1% |
CHL | 227,237 | 7.7% |
CAB | 225,370 | 7.6% |
The top five share value leaders on BISX for the six month period January 1, 2016 to June 30, 2016 with their contribution to total traded value displayed as a percentage were:
SYMBOL | TRADE VALUE | % OF TRADE VALUE |
CBL | $2,288,333.86 | 14.8% |
DHS | $2,149,673.09 | 13.9% |
FCL | $2,140,387.50 | 13.9% |
CAB | $1,505,349.83 | 9.7% |
FIN | $1,421,364.50 | 9.2% |
SHARE VOLUME AND VALUE LEADERS (THREE MONTH PERIOD)
The top five share volume leaders on BISX for the three month period April 1, 2016 to June 30, 2016 with their contribution to total traded volume displayed as a percentage were:
SYMBOL | TRADE VOLUME | % OF VOLUME |
CBL | 132,170 | 22.4% |
AML | 89,810 | 15.3% |
CHL | 68,708 | 11.7% |
FIN | 63,973 | 10.9% |
FCL | 53,510 | 9.1% |
The top five share value leaders on BISX for the three month period April 1, 2016 to June 30, 2016 with their contribution to total traded value displayed as a percentage were:
SYMBOL | TRADE VALUE | % OF TRADE VALUE |
CBL | $ 994,548.02 | 29.1% |
FIN | $ 703,703.00 | 20.6% |
CHL | $ 354,108.37 | 10.4% |
FCL | $ 321,560.00 | 9.4% |
AML | $ 198,648.60 | 5.8% |
For Additional Information Contact:
Elude Michel-Sturrup
Tel: 242-323-2330
Fax: 242-323-2320
Email: info@bisxbahamas.com
FIN Q2, 2016 Dividend Notice
The Board of Directors of Finance Corporation of Bahamas Limited hereby notifies its Shareholders that there will be no interim dividends paid to shareholders in respect of the quarter ended 30th April, 2016.
FIN Q2, 2016 Financials Published
Finance Corporation of The Bahamas (FINCO) has published their Financials for the period ending April 30, 2016. They can be found in the “News” Tab of the FINCO section of the BISX website.
FAM Dividend Declaration
Please be advised that FAMGUARD Corporation Limited has declared a dividend of $0.06 to be paid to all shareholders of record as at August 17, 2016 to be paid August 24, 2016
BOB EGM Results Announcement
Please be advised that at the EGM for BOB held July 14, 2016 no directors were nominated and therefore no directors were appointed