In a move that is sending tremors through the local financial sector, a 100 per cent State-owned enterprise yesterday signalled that it would default on the payment of principal and accrued...
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Neal and Massy adds $0.36
Overall market activity resulted from trading in ten securities of which four advanced, three declined and three traded firm. Trading activity on the First Tier Market registered a volume of 245,742 shares crossing the floor of the Exchange valued at $10,550,827.77. Neal and Massy Holdings Limited was the volume leader with 122,126 shares changing hands for a value of $7,823,662.40, followed by National Enterprises Limited with a volume of 33,000 shares being traded for $597,300. GraceKennedy Limited contributed 31,000 shares with a value of $114,810, while First Citizens Bank Limited added 27,815 shares valued at $1,191,764.22. Neal and Massy Holdings Limited enjoyed the day's largest gain, increasing $0.36 to end the day at $64.06. Conversely, First Citizens Bank Limited suffered the day's greatest loss, falling $0.11 to close at $42.85. Clico Investment Fund was the only active security on the Mutual Fund Market, posting a volume of 123,159 shares valued at $2,771,226.88. It advanced by $0.02 to end at $22.50.