BISX index up 9.92

Thu, Mar 31st 2016, 12:45 PM

The Bahamas International Securities Exchange (BISX) All Share Index -- weighted for market capitalization rather than price -- increased by 9.92 percent while other international equity markets decreased, some by as much as 16.96 percent last year.

According to the BISX January to December 2015 Statistical Report, the MSCI Emerging Market Index decreased by 16.96 percent, the S&P 500 Index by 0.73 percent, and the FTSE 100 Index by 4.93 percent over the one-year span of 2014 to 2015.

The BISX All Share index is comprised of only preferred and ordinary shares. BISX has a total of 33 share listings, 20 of which are ordinary shares with a market capitalization of $3.82 billion, and 13 preference shares with a $327 million market capitalization.

"Trading volume for the three-month period October 1 to December 31, 2015 was 1.240 million shares for a value of $9.424 million. By comparison, for the three-month period October 1 to December 31, 2014 trading volume was 1.799 million shares for a value of $6.524 million," according to the report.

The report added that the top five share value leaders on BISX for 2015 were Commonwealth Bank Limited (30.3 percent), Cable Bahamas Limited (13.4 percent), Finance Corporation of The Bahamas (11.0 percent), Colina Holdings Bahamas Limited (6.0 percent), and FOCOL Holdings Limited (5.4 percent).

The full report is posted on the BISX website www.bisxbahamas.com.

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