Governor of the Central Bank, Dr Alvin Hilaire, and his executive staff seem intent on ensuring that board members of local financial institutions meet the characteristics of being “fit and proper...
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FirstCaribbean falls by $0.73
Overall market activity resulted from trading in 16 securities of which four advanced, three declined and nine traded firm.
Trading activity on the First Tier Market registered a volume of 1,384,243 shares crossing the floor of the Exchange valued at $8,598,237.29.
Jamaica Money Market Brokers Limited was the volume leader with 517,200 shares changing hands for a value of $232,740, followed by Trinidad Cement Limited with a volume of 463,720 shares being traded for $1,065,801.75. National Commercial Bank Jamaica Limited contributed 170,494 shares with a value of $199,477.98, while National Flour Mills Limited added 64,064 shares valued at $73,673.60.
First Citizens Bank Limited enjoyed the day's largest gain, increasing $0.23 to end the day at $37.65. Conversely, FirstCaribbean International Bank Limited suffered the day's greatest loss, falling $0.73 to close at $5.75. Clico Investment Fund was the only active security on the Mutual Fund Market, posting a volume of 54,086 shares valued at $1,170,961.90. It advanced by $0.02 to end at $21.65.