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GHL commences year on a positive note
The first trading day of the new year saw activity in seven securities which yielded an overall volume of 211,049 shares valued at $1.71 million.
Guardian Holdings Ltd (GHL) was the major contributor to the day’s total volume and value with 101,000 shares crossing the floor of the Exchange worth $1.51 million. National Commercial Bank Jamaica Ltd (NCBJ), First Caribbean International Bank Ltd (FCI) and Trinidad Cement Ltd (TCL) posted volumes of 91,452 shares, 9,000 shares and 7,916 shares with values of $95,110.08, $58,515.00 and $30,476.60, respectively. An advance of $0.89 was the sole price movement on Monday, which propelled GHL to a closing price of $15.00.
The Mutual Fund Market was inactive, leaving prices unchanged at $5.11 for Caribbean Property Fund (CPF), $3.46 for Praetorian Property Mutual Fund (PPMF) and $62.00 for Savinvest India Asia Fund (SIAF). Prices on the Second Tier Market remained unchanged with FNCU-Venture Capital Company Ltd (FNCU) and Mora Ven Holdings Ltd (MOV) standing firm at $1.00 and $13.50, respectively. The Bond Market did not record any activity. The Composite Index climbed 1.95 points to 767.23. The All T&T Index leapt 4.07 points as it closed at 1,103.23. The Cross Listed Index remained steady at 53.94.