The South Pacific Stock Exchange has launched its Total Return Index, which is expected to enhance investment decisions.
Indices are used to assess the performance of a portfolio of stocks representing a segment of the overall market.
The Fiji Times reports the index is constructed on a base of 1000 set at January the 4th, 2000.
The SPSE chief executive officer, Jinita Prasad, the introduction of the Total Return Index will give a wider choice to the market brokers to analyse the market and advise their clients in making informed decisions.
She says it was constructed to measure the change or movement in the whole of the market through changes in total returns, also known as an accumulation index.