Following a stunning decline, oil prices have clawed back near the US$50 level this year. Production boomed in the US but is now slumping.
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ANSA McAL shares climb to $66.30
Overall market activity resulted from trading in 17 securities of which three advanced, six declined and eight traded firm. Trading activity on the first tier market registered a volume of 240,857 shares crossing the floor of the Exchange valued at $1,905,863.06.
Trinidad Cement Ltd was the volume leader with 91,244 shares changing hands for a value of $173,364.59, followed by GraceKennedy Ltd with a volume of 67,270 shares being traded for $232,041.50. Jamaica Money Market Brokers Ltd contributed 51,904 shares with a value of $23,356.80, while Republic Bank Ltd added 10,085 shares valued at $1,230,868.20.
ANSA McAL Ltd enjoyed the day’s largest gain, increasing $0.05 to end the day at $66.30. Conversely, Scotiabank T&T Ltd suffered the day’s greatest loss, falling $0.21 to close at $68.73. Clico Investment Fund was the only active security on the mutual fund market, posting a volume of 5,632 shares valued at $122,019.12. It declined by $0.01 to end at $21.67.
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