The Housing Development Corporation (HDC) has a long-term solution to treat with tenants living in deplorable conditions which involves replacing and rebuilding apartment buildings.
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Angostura Holdings up by $0.25
Overall market activity resulted from trading in 15 securities of which five advanced, one declined and nine traded firm. Trading activity on the First Tier Market registered a volume of 324,988 shares crossing the floor of the Exchange valued at $2,405,312.99. FirstCaribbean International Bank Ltd was the volume leader with 143,779 shares changing hands for a value of $718,895, followed by Trinidad Cement Ltd with a volume of 113,139 shares being traded for $221,113.18. Angostura Holdings Ltd contributed 20,216 shares with a value of $262,799.35, while First Citizens Bank Ltd added 15,705 shares valued at $549,558.78.
Angostura Holdings Limited enjoyed the day's largest gain, increasing $0.25 to end the day at $13. Conversely, First Citizens Bank Ltd suffered the day's sole decline, falling $0.01 to end the day at $34.99. On the Mutual Fund Market 27,250 shares changed hands for a value of $578,734.90. Clico Investment Fund was the most active security, with a volume of 26,852 shares valued at $577,322. It remained at $21.50. Praetorian Property Mutual Fund advanced by $0.15 to end at $3.55.