Offloading the taxation burden on air travel into and around the region to encourage increased travel; linking the several national and private airlines operating in the Caribbean into a network...
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Decline of $1.79 for First Citizens
Overall market activity resulted from trading in 13 securities of which five advanced, one declined and seven traded firm. Trading activity on the First Tier Market registered a volume of 208,696 shares crossing the floor of the Exchange valued at $2,022,618.08. National Commercial Bank Jamaica Limited was the volume leader with 69,456 shares changing hands for a value of $74,912.48, followed by First Citizens Bank Limited with a volume of 37,582 shares being traded for $1,317,167.50.
Jamaica Money Market Brokers Limited contributed 35,000 shares with a value of $15,750, while National Flour Mills Limited added 30,576 shares valued at $30,616. Clico Investment Fund enjoyed the day's largest gain, increasing $0.05 to end the day at $21.55. Conversely, First Citizens Bank Limited suffered the day's sole decline, falling $1.79 to end the day at $35.05.
Clico Investment Fund was the only active security on the Mutual Fund Market, posting a volume of 36,100 shares valued at $777,815.44. It advanced by $0.05 to end at $21.55.