NEW YORK Aug 5 A record 347 million Citigroup
Inc (C.N) shares traded hands on Wednesday, surpassing by far
the New York Stock Exchange's one-day single-stock volume peak
logged only last week, the exchange said after markets closed.
Shares of Citigroup, which also set the previous two volume
records, closed up 10.2 percent at $3.58 Wednesday. The bank
launched its $2.5-billion five-year note sale earlier in the
In the previous two records, Citigroup logged volumes of
142 million shares on July 31, and 106 million shares on July
29, the Big Board said in an e-mail. Eight of the last 10
records happened this year.
"The final trade went smoothly, with dozens of brokers in
the crowd, providing color to customers," said NYSE Euronext
NYX.N spokesman Ray Pellecchia, adding the last Citigroup
trade on Wednesday was 4 cents higher than the second-to-last.
(Reporting by Jonathan Spicer; Editing Bernard Orr)