A major surge in local investor participation, higher trading activity and continued confidence in Fiji’s capital market has ignited an unprecedented trading boom on the South Pacific Stock Exchange (SPX).
The SPX has reported its year-to-date trading value has reached $77.7 million, representing an increase of 166 per cent compared to the same period last year, marking the highest level of market turnover recorded since 2015.
Trading volume has also increased significantly, rising 191 per cent to more than 42.6 million shares, while the total number of trades was up nearly 65 per cent.
This financial windfall is not being driven by elite institutions alone, but by ordinary citizens.
SPX chief executive officer Sheraj Obeyesekere said investor participation continued to strengthen with 727 new investors entering the market as of July this year, representing a 202 per cent increase over the same period last year.
“New investor intake set a record in two consecutive months, with 111 investors joining in June and 116 in July, the highest monthly figures on record,” Mr Obeyesekere said.
“Since late 2024, SPX has undertaken an extensive awareness and outreach campaign directed at communities and everyday Fijians, aimed at building public understanding of stock market investment.
“The response has been encouraging,” he said.
My Obeyesekere said since late 2024, SPX had undertaken an extensive awareness and outreach campaign directed at communities and everyday Fijians, aimed at building public understanding of stock market investment.
He said the response had been encouraging.
“SPX and the licensed stockbroking firms have observed a steady improvement in retail investor participation, alongside growing interest from Fijians seeking to invest in the stock market for the first time.”
Meanwhile, Mr Obseyesekere said listed companies had also continued to deliver value to shareholders, with total dividends declared reaching $55m by July this year, marking a 15 per cent increase compared to $48m declared the same period in 2025.
Market capitalisation, he said also rose to $4.05 billion, a 12.22 per cent increase year-on-year.
