Approximately 400,000 households in T&T, expected to begin paying property taxes this year, will raise around $500 million in revenue for the Government.
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RBL shares worth $2.7m traded
Overall market activity resulted from trading in 15 securities of which five advanced, four declined and six traded firm. Trading activity on the first tier market registered a volume of 186,343 shares crossing the floor of the Exchange valued at $5,543,748.67.
Trinidad Cement Ltd was the volume leader with 51,229 shares changing hands for a value of $115,265.25, followed by Angostura Holdings Ltd with a volume of 51,000 shares being traded for $635,853.26. Republic Bank Ltd contributed 23,979 shares with a value of $2,781,564.00, while ANSA McAL added 19,441 shares valued at $1,288,938.30.
First Citizens enjoyed the day’s largest gain, increasing $0.04 to end the day at $40.86. Conversely, ANSA McAL suffered the day’s greatest loss, falling $0.20 to close at $66.30. Clico Investment Fund was the only active security on the Mutual Fund Market, posting a volume of 42 shares valued at $945.00.