BISX Announces Performance Figures

by Carla Johnson, Investors Offshore.com

09 November 2007

The Bahamas International Securities Exchange (BISX) has announced its BISX All Share Index and trading statistics for the nine month period ending September 28, 2007 with comparison to 2006.

For the three month period ending 28 September 2007, the BISX All Share Index closed up 94.45 points or 5.2% for the period closing at 1,909.58. For the nine month period ending 28 September 2007, the BISX All Share Index experienced a growth rate of 233.39 points or 13.92%. By comparison, for the nine month period ending 29 September 2006, the BISX All Share Index posted an increase of 279.34 or 20.68% to close at 1,630.05.

The BISX All Share Index is a market capitalization weighted index comprised of all primary listings actively traded on the Exchange. As at 29 June 2007, the market was comprised of 19 listings with a market capitalization of $3.68 billion.

For the nine month period ending 28 September 2007, the number of trades increased to 1,380 in 2007, compared to 1,150 in 2006; however trading volume decreased when compared with the same period of 2006, and the value of shares also decreased when compared to the same period last year.

Trading volume for the period for all issuers listed on BISX was 3,950,669 shares, which totaled a trade value of $22,366,188.85. This represented a decrease in traded volume of 428,761 shares or 10.85% when compared to the nine month totals for 2006 of 4,379,430.

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