The Bahamas International Securities Exchange (BISX) is pleased to announce its year end Index and trading statistics for 2007 with comparison to 2006.
BISX All Share Index
For the year ending 31 December 2007 the BISX All Share Index closed up 390.56 points or 23.30% for the year, closing at 2066.75. By comparison for the year ending 29 December 2006 the BISX All Share Index posted an increase of 325.48 points or 24.09% for the year closing at 1,676.19.
The BISX All Share Index is a market capitalization weighted index comprised of all primary listings actively traded on the Exchange. As at 31 December 2007 the market was comprised of 19 listings with a market capitalization of $3.98 billion.
Trading Volumes and Values
For the year trading volumes decreased from the previous years' total, the value of shares traded also decreased when compared to 2006. Trading volume for the year for all issuers listed on BISX was 4,770,278 shares this is a decrease of 480,897 over the previous year, a decline of 9.2%. The total value of shares traded also decreased by $449,109.45 to 28,255,458.87 in 2007 from $28,704,568.32 in 2006 a decline of 1.6%.
The top five share volume leaders on BISX for 2007 were:
CHL 1,592,686 33.4%
CBL 714,063 15.0%
AML 627,082 13.1%
FCL 283,402 5.9%
CIB 209,520 4.4%
The top five share value leaders on BISX for 2007 were:
CBL $9,167,480.55 32.4%
CHL $3,548,901.66 12.6%
FCL $3,352,682.17 11.9%
CIB $3,030,910.75 10.7%
CAB $2,025,754.89 7.2%