Indexes Rebound on Moderate Volume

Of the Four Exchanges, VSTEX, ACE, and SLCAPEX Winners

For SLReports.net

A day after both extremes in volume and drops on all four exchange index's, rebounds took place at the Virtual Stock Exchange (VSTEX), Ancapistan Capital Exchange (ACE), and Second Life Capital Exchange(SLCAPEX).

The VSTEX opened today at 426.71, and improvement of 15.83 index points, for a percentage gain of 3.7%. The Aabye Fundacion Public (AFP : VSTEX) was the most active, with almost 5,000 shares traded during the session. It was the first day that AFP(ISE) was traded since the November 15th announcement by company officials stating that profit had increased over 100% in the first 15 days of the month versus last October. Yesterday's volume far eclipses the monthly volume up to the 19th combined, and the share price has consistently stayed between L$L1.04 and L$1.15.

The ACE made an almost mirror jump of 3.6% from 73.52 to 76.26. Most active was Investments of High Income (IHI : ACE), with over 3,000 shares traded. There was no change in IHI(ACE) share value from the November 18th market open price. IHI(ACE) has lost L$0.04 since the November 16th announcement of a formal partnership with Portugese design firm C & S. The fact that IHI(ACE) so quickly rebounded to it's open value of L$0.99, after dropping to L$0.60 on heavy volume on November 17th is very impressive. IHI(ACE) has dropped as low as L$0.20 on the +7,000 share trading day of November 6th, and similarly rebounded to L$0.99 the next day. IHI(ACE) entered active trading following it's SPO on October 27, and has seen highs of L$1.09 and, aside from the all-time low of L$0.20, the dip to L$0.60, in the less than month of trading. The IHI(ACE) 30 (25) day rolling share value average is L$0.962 and 30 (25) day rolling volume average is 1789 shares.