The air crackles with excitement over the possibility of the world renowned Sandals resort setting up shop in Tobago.
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$162,958 in Witco shares traded
Overall market activity resulted from trading in nine securities, of which zero advanced, three declined and six traded firm. Trading activity on the First Tier Market registered a volume of 18,307 shares crossing the floor of the stock exchange valued at $308,781.03.
National Commercial Bank Jamaica Ltd was the volume leader with 10,041 shares changing hands for a value of $11,814.32, followed by National Enterprises Ltd with a volume of 2,500 shares being traded for $45,625.00. First Citizens Bank Ltd contributed 1,775 shares with a value of $66,924.50, while the West Indian Tobacco Company Ltd added 1,381 shares valued at $162,958.00. First Citizens Bank Ltd suffered the day’s greatest loss, falling $0.30 to close at $37.70.
Clico Investment Fund was the only active security on the Mutual Fund Market, posting a volume of 39,572 shares valued at $852,332.88. Clico Investment Fund declined by $0.01 to end at $21.54. Praetorian Property Mutual Fund remained at $3.41. The Second Tier Market did not witness any activity. FNCU Venture Capital Company Ltd (suspended) remained at $1.00. Mora Ven Holdings Ltd remained at $14.97.