The plan by CL Financial (CLF) majority shareholder Lawrence Duprey to repay the group’s “bailout” debt to Government involves the creation of two Clico entities, one of which should have a total...
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First Citizens shares gain $0.42
Overall market activity resulted from trading in 14 securities, of which four advanced, four declined and six traded firm. Trading activity on the First Tier Market registered a volume of 241,853 shares crossing the floor of the stock exchange valued at $2,602,030.94. Sagicor Financial Corporation was the volume leader with 160,410 shares changing hands for a value of $1,125,914.27, followed by One Caribbean Media Ltd with a volume of 24,200 shares being traded for $492,675.34.
FirstCaribbean International Bank Ltd contributed 20,000 shares with a value of $110,000.00, while First Citizens Bank Ltd added 12,938 shares valued at $458,329.88. First Citizens Bank Ltd enjoyed the day's largest gain, increasing $0.42 to end the day at $35.43. Conversely, ANSA McAL Ltd suffered the day's greatest loss, falling $0.04 to close at $66.45.
On the Mutual Fund Market 35,269 shares changed hands for a value of $304,237.05. Praetorian Property Mutual Fund was the most active security, with a volume of 25,060 shares valued at $85,254.00. Praetorian Property Mutual Fund declined by $0.01 to end at $3.40. Clico Investment Fund remained at $21.45. 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.
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