Leader of the ILP Jack Warner is denying that he is in cahoots with the PNM to avoid extradition to the United States. Warner, who is wanted on wire fraud, racketeering and money laundering charges
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First Citizens shares fall $0.43
Overall market activity resulted from trading in 13 securities, of which one advanced, three declined and nine traded firm. Trading activity on the First Tier Market registered a volume of 124,726 shares crossing the floor of the stock exchange valued at $2,285,105.72. Scotia Investments Jamaica Ltd was the volume leader with 54,143 shares changing hands for a value of $83,373.79, followed by First Citizens Bank Ltd with a volume of 25,259 shares being traded for $959,842.00. Sagicor Financial Corporation contributed 13,132 shares with a value of $98,490.00, while National Commercial Bank Jamaica Ltd added 10,000 shares valued at $11,800.00.
National Commercial Bank Jamaica Ltd enjoyed the day’s sole price increase, climbing $0.01 to end the day at $1.18. Conversely, First Citizens Bank Ltd suffered the day’s greatest loss, falling $0.43 to close at $38.00. Clico Investment Fund was the only active security on the Mutual Fund Market, posting a volume of 8,679 shares valued at $187,007.41. Clico Investment Fund remained at $21.55. Praetorian Property Mutual Fund remained at $3.41. The Second Tier Market did not witness any activity. FNCU Venture Capital Company Ltd (suspended) remained at $1.00. Mora Ven Holdings Ltd remained at $14.97.