The Bahamas International Securities Exchange (BISX) is pleased to announce its half year end Index and trading statistics for the period January – June 2008 with comparison to same period 2007.
BISX All Share Index
For the period ending 30 June 2008 the BISX All Share Index closed down 243.78 points or -11.80% for the period closing at 1,822.97. By comparison for the period ending 29 June, 2007, the BISX All Share Index posted an increase of 138.94 or 6.02% to close at 1,815.13. The BISX All Share Index is a market capitalization weighted index comprised of all primary listings actively traded on the Exchange.
As of 30 June 2008 there were 20 BISX listed securities trading with a market capitalization of approx. $3.58 billion. At 30 June 2008, there were 21 listed mutual funds with approximately $300 Million in assets under management.
Trading Volumes and Values
For the period trading volumes decreased when compared with the same period of 2007, however the value of shares traded increased when compared to the same period last year. Trading volume for the period for all issuers listed on BISX was 2,288,160 shares, which totaled a trade value of $15,275,415.25. This represents a decrease in traded volume of 665,711 shares or 22.54% when compared to the half year of 2007’s total volume of 2,953,871, the value of shares traded on BISX increased by $2,114,852.76 or 16.06% when compared to the half year of 2007 where the trade value was $13,160,562.49.
The top five share volume leaders on BISX for the first half of 2008 were:
CBL 724,358 (31.7%)
DHS 347,438 (15.2%)
CHL 247,126 (10.8%)
FCL 196,529 (8.6%)
FIN 135,222 (5.9%)
The top five share value leaders on BISX for the first half of 2008 were:
CBL $5,377,254.81 (35.2%)
CAB $1,797,688.65 (11.8%)
FIN $1,708,472.42 (11.2%)
CIB $1,374,926.72 (9.0%)
FCL $1,027,224.24 (6.7%)