To date the discussion has focussed on whether after a drop in foreign exchange earnings it is more efficient and effective to stabilise a small open economy via a devaluation or, instead, fiscal...
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Flavorite Foods falls $0.95
Overall market activity resulted from trading in 14 securities of which four advanced, three declined and seven traded firm.
Trading activity on the first tier market registered a volume of 238,355 shares crossing the floor of the Exchange valued at $1,403,973.28. Jamaica Money Market Brokers was the volume leader with 185,000 shares changing hands for a value of $83,250.00. Clico Investment Fund enjoyed the day’s largest gain, increasing $0.05 to end the day at $21.55. Conversely, Flavorite Foods Ltd suffered the day’s greatest loss, falling $0.95 to close at $5.75.