FOR IMMEDIATE PUBLICATION
JANUARY TO MARCH 2010 STATISTICAL REPORT
BISX is pleased to announce its BISX All-Share Index and trading statistics for the three month period ending March 31, 2010 with comparison to the same period of 2009.
BISX ALL SHARE INDEX
For the three month period ending March 31, 2010 the BISX All-Share Index closed at 1,596.62. This represents a year to date increase of 31.24 or 2.00%. By comparison, for the three month period ending March 31, 2009, the Index experienced a decrease of 103.35 or -5.00%. The BISX All-Share Index is a market capitalization weighted index comprised of all primary market listings excluding debt securities.
As at March 31, 2010 the market was comprised of 24 primary market listings with a market capitalization of $3.079 Billion. The primary market securities traded over BISX include 19 common share listings, 1 preference share listing and 4 tranches of debt.
COMPARISON OF BISX ALL SHARE INDEX TO INTERNATIONAL INDICES
Over the 3 month period January to March 31 2010, most equity markets have experienced increases as indicated by the chart below:
Closing Date MSCI S&P 500 FTSE 100 BISX All Share
December 31, 2009 1,010.334 1,115.10 5,412.88 1,565.32
March 31, 2010 989.469 1,169.43 5,679.64 1,596.62
Percentage Change (+/-) 2.1% 4.9% 4.9% 2.0%
MSCI refers to the MSCI Emerging Market Index
S&P 500 refers to the S&P 500 Index
FTSE 100 refers to the FTSE 100 Index
BISX All Share refers to the BISX All Share Index
TRADING VOLUMES AND VALUES
Trading volume for the three month period ending March 31, 2010 was 6,673,918 shares for a value of $85,392,191.13. The trading volume for the three month period ending March 31, 2010 includes a 5,954,600 share trade in Cable Bahamas Limited (CAB) for a value of approximately $80,000,000 which was carried out in January 2010. Removing this transaction from the Q1, 2010 statistics results in 719,318 shares trading for a value of $5,421,913.13. By comparison, trading volume for the three month period ending March 31, 2010 of 2009 was 618,337 shares for a value of $3,354,864.49. Excluding the CAB trade, trading volume for Q1, 2010 increased by 100,981 shares or 16.3% over the same period of 2009, the value of shares traded for the Q1, 2010 period increased by $2,067,048.64 or 61.6%.
AVERAGE DAILY VOLUME AND VALUE
For the three month period ending March 31, 2010, excluding the CAB transaction, the average daily trading volume was 10,924 shares which equaled an average daily trading value of $84,460. During this three month period; March 2010 saw the highest average daily trading volume and value with 18,226 shares and $90,706 trading, respectively. By comparison, the three month period ended March 31, 2009 saw an average daily trading volume of 9,815 shares which equaled an average daily trading value of $53,251.
Month Avg. Vol. (2010) Avg. Vol. (2009) Avg. Val. (2010) Avg. Val. (2009)
January 9,182 13,390 $82,195 $67,447.05
February 5,365 5,309 $80,480 $34,372.94
March 18,226 10,498 $90,706 $56,864.44
Average for quarter 10,924 9,815 $84,460 $53,251.82
SHARE VOLUME AND VALUE LEADERS
The top five share volume leaders on BISX for the three month period ending March 31, 2010 with their contribution to total traded volume displayed in brackets were:
SYMBOL TRADE VOLUME % OF VOLUME
CAB 5,977,251 (89.6%)
FCLB 196,773 (2.9%)
FCL 167,204 (2.5%)
AML 89,734 (1.3%)
CWCB 84,668 (1.3%)
The top five share value leaders for the three month period ending March 31, 2010 with their contribution to total traded value displayed in brackets were:
SYMBOL TRADE VALUE % OF TRADE VALUE
CAB $80,232,706.59 (94.0%)
FBB15 $1,751,000.00 (2.1%)
CBL $1,127,458.37 (1.3%)
FCL $939,717.21 (1.1%)
CIB $382,337.11 (0.4%)
For Additional Information Contact
Holland Grant
BISX Listing Manager
Tel: 242-323-2330
Fax: 242-323-2320
Email: info@bisxbahamas.com
