The higher than normal temperatures which the country has been experiencing for the past few months are expected to continue into the wet season, both during the day and during the night.
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Scotiabank stocks drop by $0.10
Overall market activity resulted from trading in 14 securities of which one advanced, five declined and eight traded firm. Trading activity on the First Tier Market registered a volume of 643,499 shares crossing the floor of the Exchange valued at $2,172,383.49. National Commercial Bank Jamaica Ltd was the volume leader with 597,239 shares changing hands for a value of $627,100.95, followed by Sagicor Financial Corporation with a volume of 20,750 shares being traded for $140,062.50.
Guardian Holdings Ltd contributed 6,500 shares with a value of $95,875, while Republic Bank Ltd added 6,004 shares valued at $724,682.80. Point Lisas Industrial Port Development Corporation Ltd enjoyed the day's sole price increase, climbing $0.14 to end the day at $4. Conversely, Scotiabank T&T Ltd suffered the day's greatest loss, falling $0.10 to close at $69.81. Clico Investment Fund was the only active security on the Mutual Fund Market, posting a volume of 5,124 shares valued at $110,868.56.
It declined by $0.01 to end at $21.64.