Once again, Commonwealth Caribbean countries are under attack as “tax havens,” even though they are nothing of the sort. This time, it is not only the usual countries that have been listed.
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First Citizens shares down by $0.27
Overall Market activity resulted from trading in 12 securities of which three advanced, two declined and seven traded firm. Trading activity on the first tier market registered a volume of 607,928 shares crossing the floor of the Exchange valued at $2,918,934.92. Jamaica Money Market Brokers Ltd was the volume leader with 450,000 shares changing hands for a value of $184,502, followed by Trinidad Cement Ltd with a volume of 77,000 shares being traded for $154,352.16.
First Citizens Bank Ltd contributed 58,943 shares with a value of $2,093,908.29, while Point Lisas Industrial Port Development Corporation Ltd added 7,000 shares valued at $29,050
Trinidad Cement Ltd enjoyed the day’s largest gain, increasing $0.05 to end the day at $2. Conversely, First Citizens Bank Ltd suffered the day’s greatest loss, falling $0.27 to close at $35.52. Clico Investment Fund was the only active security on the mutual fund market, posting a volume of 137,798 shares valued at $3,031,556. It remained at $22.
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