Three stocks in the Lucas Stock Index (LSI) traded this fourth period of November 2021 with none registering gains. Consequently, the market capitalization of the nine stocks in the LSI remained unchanged at G$570.622 billion this week.
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 50.042 percent of the share. The share of the mid-cap stocks stands at 34.065 percent. The small-cap stocks stood at 13.196 percent of the value of the LSI while the micro-cap stocks continued to be unenergetic and hold 2.698 percent of the value.
Tax Advantage of Stock Trades
Three stocks traded in the fourth trading period of November 2021. A much lower volume of 7,390 stocks in the Lucas Stock Index traded this week as against 75,543 last week. The lower trade volume resulted in diminished tax benefits of G$0.305 million this week. The stocks of DIH accounted for 58.802 percent of the tax gains while those of DTC accounted for 22.050 percent of the tax gains. RBL contributed 19.147 of the benefits. With 47 weeks of trading gone, the tax gains for investors have amounted to an estimated G$317.502 million.
