Ever since the PNM Government decided to implement the property tax of 2009, which was not repealed by the PP during their time in government, the whole exercise has been plagued with confusion....
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FCB rebounds $0.49
Overall market activity resulted from trading in nine securities of which six advanced, one declined and two traded firm.
Trading activity on the first tier market registered a volume of 180,793 shares crossing the floor of the Exchange valued at $1,942,443.80. Sagicor Financial Corporation was the volume leader with 146,509 shares changing hands for a value of $1,318,581, followed by Guardian Holdings Ltd with a volume of 20,000 shares being traded for $311,650. JMMB Goup contributed 7,000 shares with a value of $8,540, while ANSA McAL added 3,300 shares valued at $219,219.
First Citizens Bank registered the day’s largest gain, increasing $0.49 to end the day at $32.00.
Conversely, ANSA McAL suffered the day’s sole decline, falling $0.02 to end the day at $66.43.
Clico Investment Fund was the only active security on the mutual fund market, posting a volume of 218 shares valued at $4,909.36. Clico Investment Fund advanced by $0.02 to end at $22.52.
The second tier market did not witness any activity.