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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Second day of decline for First Citizens shares
Overall market activity resulted from trading in 15 securities of which two advanced, seven declined and six traded firm. Trading activity on the First Tier Market registered a volume of 58,524 shares crossing the floor of the Exchange valued at $569,790.68. Scotia Investments Jamaica Limited was the volume leader with 19,000 shares changing hands for a value of $29,450, followed by Sagicior Financial Corporation with a volume of 13,400 shares being traded for $90,316.
National Enterprises Limited contributed 6,406 shares with a value of $122,055.10, while Guardian Holdings Limited added 6,180 shares valued at $91,155. One Caribbean Media Limited enjoyed the day’s largest gain, increasing $0.33 to end the day at $23. Conversely, First Citizens Bank Limited suffered the day’s greatest loss, falling $0.31 to close at $37.49. Clico Investment Fund was the only active security on the Mutual Fund Market, posting a volume of 116,683 shares valued at $2,509,134.50.
It declined by $0.05 to end at $21.50. PraetorianProperty Mutual Fund remained at $3.40. The Second Tier Market did not witness any activity. FNCU Venture Capital Co Ltd (Suspended) remained at $1.00. Mora Ven Holdings Ltd remained at $14.97.