The general trend is one of fluctuations between 1996 and 2005. However, the volume and value of shares traded in 2005 is higher than 1996. From 1996 to 1998 there was an increase in the volume as well value of trade but then in the year 1999 there was a decline in both the value and volume of trade. Then the first quarter of 2000 showed some active trading at the South Pacific Stock Exchange but after that the trading level decreased. The volume of shares traded decreased by 36% compared to the 1999 trade but the value of shares.
