BISX All Share Index falls 4.79 percent

BISX All Share Index falls 4.79 percent
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NASSAU, BAHAMAS — The Bahamas International Securities Exchange (BISX)  has reported a 4.79 percent decrease year-to-date in its All Share Index.

According to BISX, the BISX All-Share Index closed at 2124.69 for the six-month period ending June 30, 2020.

The index measures share price movements among BISX-listed equity stocks and excludes dividend payouts to investors.

“This represents a year to date decrease of 106.91 or 4.79 percent. By comparison for the six-month period ending June 30, 2019 the BISX All-Share Index closed at 2160.46. This represents a year to date increase of 50.51 or 2.42 percent,” BISX said.

As of June 30, 2020 the market was comprised of 19 ordinary shares with a market capitalization of $4.531 billion. In addition, there were seven preference shares with a market capitalization of $243.11 million and 11 bonds with a face value of $507 million.

As of December 31, 2019 BISX had 85 mutual funds with total assets under management of approximately $4.9 billion.

It was noted that over the three-year period 2018 to 2020, the market value of all securities listed on BISX has shown an increase from 2018 to 2019 and a decrease from 2019 to 2020.8.19

Trading volume for the six-month period January 2, 2020 to June 30, 2020 was 2,624,048 shares for a value of $11,622,255.68.

Trading volume for the six-month period January 2, 2019 to June 30, 2019 was 4,456,110 shares for a value of $21,868,819, BISX reported.

Trading volume for the three-month period April 1, 2020 to June 30, 2020 was 1,173,646 shares for a value of $3,762,345.12. Trading volume for the three-month period April 1, 2019 to June 30, 2019 was 2,183,140 shares for a value of $12,080,550.63.

For the six-month period from January 2, 2020 to June 30, 2020, the average volume per trading day was 21,200 shares for a value of $93,128.23.

By comparison, for the six-month period from January 2, 2019 to June 30, 2019, the average volume per trading day was 36,056 shares for a value of $177,209.17.