The reduced national revenue has intensified calls for the revision of the GATE (Government Assistance for Tuition Expenses) program. Presently it provides funding for 100% of and 50% of the...
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$11.3m in stocks traded on TTSE
Overall market activity resulted from trading in 14 securities of which three advanced, five declined and six traded firm. Trading activity on the first tier market registered a volume of 223,626 shares crossing the floor of the Exchange valued at $11,300,944.03. Republic Bank Ltd was the volume leader with 87,704 shares changing hands for a value of $10,553,422.32, followed by Trinidad Cement Ltd with a volume of 64,825 shares being traded for $129,941.12.
Angostura Holdings Ltd contributed 20,201 shares with a value of $262,510.99, while Sagicor Financial Corporation added 16,452 shares valued at $115,164. First Citizens Bank Ltd enjoyed the day’s largest gain, increasing $0.18 to end the day at $38.10. Conversely, Trinidad Cement Ltd suffered the day’s greatest loss, falling $0.19 to close at $2. Clico Investment Fund was the only active security on the mutual fund market, posting a volume of 54,122 shares valued at $1,178,986. It advanced by $0.15 to end at $21.78.
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