FOR IMMEDIATE PUBLICATION
JANUARY TO JUNE 2010 STATISTICAL REPORT
BISX is pleased to announce its BISX All-Share Index and trading statistics for the six month period ending June 30, 2010 with comparison to the same period of 2009.
BISX ALL SHARE INDEX
For the six month period ending June 30, 2010 the BISX All-Share Index closed at 1,504.81. This represents a year to date decrease of 60.57 or -3.87%. By comparison, for the three month period from April 1, 2010 to June 30, 2010, the Index experienced a decrease of 91.81 or -6.1% from 1,597.06 to 1,504.81. The BISX All-Share Index is a market capitalization weighted index comprised of all primary market listings excluding debt securities.
As at June 30, 2010 the market was comprised of 24 primary market listings with a market capitalization of $2.915 Billion. The primary market securities traded over BISX include 19 common share listings, 1 preference share listing and 4 tranches of debt. (Note: The BISX Listing Committee has made the determination to remove Freeport Concrete Company Limited from the roster of BISX listed issuers on Wednesday, July 7, 2010. Once this action takes place there will be 23 primary market listings including 18 common share listings, 1 preference share listing and 4 tranches of debt.)
COMPARISON OF BISX ALL SHARE INDEX TO INTERNATIONAL INDICES
Over the 6 month period January to June 30, 2010, most equity markets have experienced declines as indicated by the chart below:
Closing Date MSCI Emerging Market Index S&P 500 Index FTSE 100 Index BISX All Share Index
December 31, 2009 1,010.33 1,115.10 5,412.88 1,565.32
June 30, 2010 917.985 1,030.71 4,916.90 1,504.81
Percentage Change (+/-) -9.1% -7.6% -9.2% -3.9%
TRADING VOLUMES AND VALUES
Trading volume for the six month period ending June 30, 2010 was 8,079,988 shares for a value of $93,409,010.97. The trading volume for the six month period ending June 30, 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 six month statistics results in 2,125,388 shares trading for a value of $13,438,732.97. By comparison for the six month period of 2009 1,655,638 shares traded for a value of $8,719,876.36.
For the three month period from April 1, 2010 to June 30, 2010 1,406,070 shares traded for a value of $8,016,819.84. This compares to the April 1, 2009 to June 30, 2009 period where 1,037,301 shares traded for a value of $5,365,011.87. This represents an increase of 49.4% in share value traded, and an increase in 35.6% in share volume traded in 2010 compared to 2009.
AVERAGE DAILY VOLUME AND VALUE
For the six month period ending June 30, 2010, excluding the CAB transaction, the average daily trading volume was 17,078 shares which equaled an average daily trading value of $108,619. During this six month period; April 2010 saw the highest average daily trading volume and value with 48,775 shares and $283,409 trading, respectively. By comparison, the six month period ended June 30, 2010 saw an average daily trading volume of 13,201 shares which equaled an average daily trading value of $69,459.
Month Avg. volume / trading day (2010) Avg. volume / trading day (2009) Avg. value / trading day (2010) Avg. value / trading day (2009)
January 9,182 13,390 $82,195 $67,447
February 5,365 5,309 $80,480 $34,373
March 18,226 10,498 $90,706 $56,864
April 48,775 6,314 $283,409 $34,562
May 8,763 37,157 $64,839 $203,640
June 12,158 6,536 $50,089 $19,866
Average for 6 month period 17,078 13,201 $108,619 $69,459
SHARE VOLUME AND VALUE LEADERS
The top five share volume leaders on BISX for the six month period ending June 30, 2010 with their contribution to total traded volume displayed in brackets were:
SYMBOL TRADE VOLUME % OF VOLUME
CAB 6,093,983 (75.4%)
CBL 652,416 (8.1%)
FCL 352,773 (4.4%)
CHL 180,129 (2.2%)
DHS 147,357 (1.8%)
The top five share value leaders for the six month period ending June 30, 2010 with their contribution to total traded value displayed in brackets were:
SYMBOL TRADE VALUE % OF TRADE VALUE
CAB $ 83,184,280.16 (89.1%)
FBB15 $ 1,752,000.00 (1.9%)
FCL $ 1,719,413.21 (1.8%)
CBL $ 1,574,646.25 (1.7%)
BWL $ 1,408,393.66 (1.5%)
For Additional Information Contact
Holland Grant
BISX Listing Manager
Tel: 242-323-2330
Fax: 242-323-2320
Email: info@bisxbahamas.com
