Offloading the taxation burden on air travel into and around the region to encourage increased travel; linking the several national and private airlines operating in the Caribbean into a network...
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Scotia, Sagicor lead Friday trades
Overall market activity resulted from trading in nine securities of which two advanced, two declined and five traded firm. Trading activity on the first tier market registered a volume of 169,689 shares crossing the floor of the Exchange valued at $8,092,580.97. Scotiabank T&T Ltd was the volume leader with 50,432 shares changing hands for a value of $3,656,333.68, followed by Sagicor Financial Corp with a volume of 36,915 shares being traded for $294,826.20.
Angostura Holdings Ltd contributed 36,568 shares with a value of $393,106, while Republic Bank Ltd added 20,115 shares valued at $2,358,485.69. Sagicior Financial Corporation enjoyed the day’s largest gain, increasing $0.19 to end the day at $7.99. Conversely, First Citizens Bank Limited suffered the day’s greatest loss, falling $0.69 to close at $39.11. Clico Investment Fund was the only active security on the mutual fund market, posting a volume of 44,700 shares valued at $985,635. It remained at $22.05.