Local Government Minister Kazim Hosein has recommended that incentives be offered to investors and business owners who provide opportunities for local farmers and manufacturers.
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CIF advances $0.64
Overall market activity resulted from trading in 15 securities of which three advanced, five declined and seven traded firm. Trading activity on the first tier market registered a volume of 116,064 shares crossing the floor of the Exchange valued at $2,937,991.18. National Flour Mills was the volume leader with 61,000 shares changing hands for a value of $61,000.00, followed by Massy Holdings Ltd with a volume of 35,443 shares being traded for $2,459,609.20.
Angostura Holdings Ltd contributed 13,570 shares with a value of $173,017.52, while Sagicor Financial Corporation added 2,748 shares valued at $18,364.10. Clico Investment Fund enjoyed the day's largest gain, increasing $0.64 to end the day at $22.32. Conversely, One Caribbean Media suffered the day's greatest loss, falling $0.10 to close at $23.28.
Clico Investment Fund was the only active security on the mutual fund market, posting a volume of 612,990 shares valued at $13,680,615.51. Clico Investment Fund advanced by $0.64 to end at $22.32. Praetorian Property Mutual Fund remained at $3.55. The second tier market did not witness any activity. FNCU Venture Capital Company (Suspended) remained at $1.00. Mora Ven Holdings Ltd remained at $14.97.