EFE Securities •

10 years ago •

Market Commentary

Market Comment 02.01.14

The first trading day of the new year was fairly slow as volumes and values declined. Volumes were down -58.49% to 1.53m shares with bankers CBZ being the top contributor at 52% followed by insures Fidelity with 16% both closing at 15c and 13c respectively. Market turnover was low easing -55.85% to $0.34m as some investors are still out of office due to the holidays. The same could be said for foriegn participation with buyers trades of $0.175m and sellers of $0.040m being recorded on the bourse.