The growth outlook has improved for oil importers in the Caribbean but the decline in the global price of the commodity will be a drag for exporters of oil such as T&T, the International...
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$2.6m worth of FCB shares traded
Overall market activity resulted from trading in 13 securities, of which three advanced, two declined and eight traded firm.
Trading activity on the First Tier Market registered a volume of 151,195 shares crossing the floor of the stock exchange valued at $3,126,631.31. First Citizens Bank Ltd was the volume leader with 68,955 shares changing hands for a value of $2,620,290.00, followed by National Commercial Bank Jamaica Ltd with a volume of 60,765 shares being traded for $60,765.00. Sagicor Financial Corporation contributed 15,247 shares with a value of $102,917.25, while Neal and Massy Holdings Ltd added 3,140 shares valued at $214,161.34.
Unilever CaribbeanLtd enjoyed the day’s largest gain, increasing $0.12 to end the day at $60.18. Conversely, GraceKennedy Ltd suffered the day’s greatest loss, falling $0.05 to close at $3.45.
Clico Investment Fund was the only active security on the Mutual Fund Market, posting a volume of 2,200 shares valued at $47,630.00. Clico Investment Fund remained at $21.65. Praetorian Property Mutual Fund remained at $3.40. 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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