To the untrained eye, it would appear that the sentiments of doom and gloom are all that there is to the T&T economy right now.
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Ten securities traded for $1.6m
Overall market activity resulted from trading in ten securities of which two advanced, two declined and six traded firm. Trading activity on the first tier market registered a volume of 29,258 shares crossing the floor of the Exchange valued at $1,647,663.53.
Scotiabank T&T Ltd was the volume leader with 15,553 shares sold for a value of $1,119,816.00, followed by First Citizens Bank Ltd with a volume of 4,410 shares sold for $171,891.80. Agostini’s Ltd contributed 4,000 shares with a value of $71,139.20, while Guardian Holdings Ltd added 2,600 shares valued at $36,820.59. One Caribbean Media Ltd enjoyed the day’s largest gain, increasing $0.11 to end the day at $19.25. Conversely, Agostini’s Ltd suffered the day’s greatest loss, falling $0.02 to close at $17.78.
Clico Investment Fund was the only active security on the mutual fund market, posting a volume of 8,225 shares valued at $178,473.32. It remained at $21.70.