Growth in Market Capitalization

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Three stocks in the Lucas Stock Index (LSI) traded this fourth period of October 2021 with none of them registering a gain. The three traded stocks were DIH, DTC and RBL. With their prices unmoved, the market capitalization of the nine stocks in the LSI remained at G$548.458 billion this week. As such, the respective values of the active and inactive stocks remained at last week’s levels.

Stocks in the index are now being classified by the size of their market capitalization and are displayed in tabular form below. With the addition of DIH to the large-cap stocks category, this group of stocks has assumed the dominant share of market value with 49.282 percent of the share. The share of the mid-cap stocks stands at 34.182 percent. The small-cap stocks continued to move up to reach 13.729 percent of the value of the LSI while the micro-cap stocks remain unenergetic at 2.807 percent.

Tax Advantage of Stock Trades

Three stocks traded in the fourth trading period of October 2021. A higher volume of 94,450 stocks in the Lucas Stock Index traded this week as against 46,645 last week. The higher trade volume resulted in investors enjoying tax benefits of G$3.403 million this week. The stocks of DIH accounted for 57.999 percent of the tax gains while those of RBL accounted for 35.783 percent of the tax gains. DTC accounted for the remaining 6.218 percent pf the gain. With 43 weeks of trading gone, the tax gains for investors have amounted to an estimated G$306.566 million.

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