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Five stocks in the Lucas Stock Index (LSI) traded this final period of December 2021 with favourable results. The stocks of DIH registered a 1.818 percent gain while the stocks of DDL gained 0.714 percent on its market capitalization. The other three stocks of BTI, DTC and RBL registered no gain. The gain of G$2.5 billion by DIH pushed the market capitalization of the company to G$140 billion. The gain by DDL was also impactful on its market capitalization, adding G$0.753 billion to its value. With the market capitalization of BTI, DTC and RBL remaining unchanged, the market capitalization of the nine stocks in the LSI rose to G$584.460 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. The large-cap stocks account for 67.227 percent of the market value. With one company in the mid-cap category, its share has dwindled from 49.613 percent to 16.246 percent. The small-cap stocks hold 13.893 percent of the market value while the micro-cap stocks continue to show no energy at 2.634 percent of the market capitalization of the LSI.
Tax Advantage of Stock Trades
Five stocks traded in the final trading period of December 2021. A much lower volume of 52,872 stocks in the Lucas Stock Index traded this week as against 180,362 last week. The lower trade volume resulted in additional tax benefits of G$2.096 million this week. The stocks of DIH accounted for 43.853 percent of the tax gains while those of DDL accounted for 20.176 percent of the tax gains. BTI contributed 16.408 percent while RBL contributed 12.199 percent of the benefits and DTC 7.365 percent. With 52 weeks of trading completed, the tax gains for investors have amounted to an estimated G$339.601 million.