The 2016 Budget read in Parliament by Finance Minister Colm Imbert was deceptive, inflationary and will see the poor and working class in this country feel the effects of raised goods and services...
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First Citizens drops to $35.79
Overall market activity resulted from trading in 12 securities of which three advanced, four declined and five traded firm. Trading activity on the first tier market registered a volume of 1,109,470 shares crossing the floor of the Exchange valued at $7,968,871.48. Sagicor Financial Corporation was the volume leader with 975,827 shares changing hands for a value of $6,340,684.05, followed by Scotia Investments Jamaica Ltd with a volume of 82,621 shares being traded for $115,679.40.
Trinidad Cement Ltd contributed 30,095 shares with a value of $58,670.25, while Massy Holdings Ltd added 18,100 shares valued at $1,239,850.60. Trinidad Cement Ltd enjoyed the day’s largest gain, increasing $0.03 to end the day at $1.95. Conversely, First Citizens Bank Ltd suffered the day’s greatest loss, falling $0.05 to close at $35.79.
Clico Investment Fund was the only active security on the mutual fund market, posting a volume of 55,255 shares valued at $1,215,709.25. It remained at $22.
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