Finance Minister Colm Imbert has signed the first tranche of a policy-based loan agreement in the sum of US$180 million with the Corporación Andina De Fomento (CAF) Development Bank.
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Republic Bank shares climb to $115.90
Overall market activity resulted from trading in 12 securities of which five advanced, two declined and five traded firm. Trading activity on the first tier market registered a volume of 603,502 shares crossing the floor of the Exchange valued at $4,176,139.35. Trinidad Cement Ltd was the volume leader with 231,801 shares changing hands for a value of $509,962.20, followed by National Flour Mills Ltd with a volume of 161,054 shares being traded for $153,001.30.
GraceKennedy Ltd contributed 130,000 shares with a value of $448,930.86, while Sagicor Financial Corporation added 31,631 shares valued at $229,324.75. Republic Bank Ltd enjoyed the day’s largest gain, increasing $0.06 to end the day at $115.90. Conversely, Praetorian Property Mutual Fund suffered the day’s greatest loss, falling $0.14 to close at $3.41.
On the mutual fund market 145,538 shares changed hands for a value of $3,164,676. Clico Investment Fund was the most active security, with a volume of 143,538 shares valued at $3,157,856. It advanced by $0.01 to end at $22. Praetorian Property Mutual Fund declined by $0.14 to end at $3.41.
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