These indicators are currently being drafted by the unit and you should expect to be contacted to comment or assist in its development. Let me turn to the purpose for this evening. Launching of the Stock Market Index Tonight we will witness the launching of the SPSE Total Return Index (STRI).
This STRI will be very useful in gauging how the equities markets in Fiji are performing on a daily basis. The concept, I am told, is similar to the various stock market indices that you are all familiar with – for example, the NZSX, ASX, SING SX, etc.