Last week’s column focused on stagnation in the tourism sector and the weak marketing of T&T.
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Sagicor stocks drop to $6.97
Overall market activity resulted from trading in 14 securities of which six advanced, two declined and six traded firm.
Trading activity on the First Tier Market registered a volume of 147,658 shares crossing the floor of the Exchange valued at $4,481,584.97. Neal and Massy Holdings Ltd was the volume leader with 50,070 shares changing hands for a value of $3,379,784.55, followed by FirstCaribbean International Bank Ltd with a volume of 35,762 shares being traded for $197,048.62. Guardian Holdings Ltd contributed 23,245 shares with a value of $328,072.63, while Sagocor Financial Corporation added 15,500 shares valued at $108,000.
One Caribbean Media Ltd enjoyed the day’s largest gain, increasing $0.50 to end the day at $22.50. Conversely, Sagicor Financial Corporation suffered the day’s greatest loss, falling $0.03 to close at $6.97.