Former CEO of the Land Settlement Agency (LSA) Dr Allen Sammy fears that if Government imposes property tax on squatters it would legitimise their occupancy on State and private lands.
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Republic Bank goes up by $0.25
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 216,345 shares crossing the floor of the Exchange valued at $3,697,794.98. Trinidad Cement Ltd was the volume leader with 136,277 shares changing hands for a value of $292,995.55, followed by Guardian Holdings Ltd with a volume of 19,687 shares being traded for $278,565.70.
Angostura Holdings Ltd contributed 15,432 shares with a value of $165,894, while One Caribbean Media Ltd added 11,150 shares valued at $211,961.50. Republic Bank Limited enjoyed the day’s largest gain, increasing $0.25 to end the day at $117.25. Conversely, First Citizens Bank Limited suffered the day’s greatest loss, falling $0.08 to close at $39.80. Clico Investment Fund was the only active security on the Mutual Fund Market, posting a volume of 128,519 shares valued at $2,833,868.95. It remained at $22.05.