The Tribune

THE BISX-All Share Index increased by 4.47 per cent for the nine-month period ending September 30, 2013, indicating that a modest stock market recovery continued. 
 In its statistical report for the January to September period, the Bahamas International Securities Exchange (BISX) said the All-Share Index’s closing at 1,406.38 represented a year-to-date increase of 60.12 or 4.47 per cent.

By comparison, for the nine-month period ending September 30, 2012, the BISX All-Share Index closed at 1,308.01. “Thus for the three-month period from July 1, 2013, to September 30, 2013, the All-Share Index increased by 17.37 or 1.25 per cent. By comparison, for the three-month period from July 1, 2012, to September 30, 2012, the Index experienced a decrease of 3.53 or 0.27 per cent.” BISX reported. 
 It added that as at September 30, the exchange had 27 primary market listings with a market capitalisation of $2.998 billion.

For the nine months up to September 30, share volumes – the number of shares traded during the period – fell by 23 per cent in comparison to the same period a year prior. Meanwhile the value of shares traded overall was down by a 24 per cent also.

Trading volume for the nine-month period ending September 30, 2013, was 2,593,994 shares for a value of $11.503 million. Trading volume for the nine-month period ending September 30, 2012, was 3,401,318 shares for a value of $15.16 million.

BISX said trading volume for the three-month period July 1, 2013, to September 30, 2013, was 940,320 for a value
of $3.524 million.

By comparison, for the three-month period from July 1, 2012, to September 30, 2012, 573,406 shares traded for a value of $2.98 million.