Many commentators compare us with the likes of Singapore, Taiwan with respect to our economic development and invariably our failure to develop is placed on the ineffectiveness of our governance...
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NGL shares up by $0.30
Overall market activity resulted from trading in 12 securities of which four advanced, four declined and four traded firm.
Trading activity on the First Tier Market registered a volume of 145,655 shares crossing the floor of the Exchange valued at $2,097,213.76. FirstCaribbean International Bank Limited was the volume leader with 50,800 shares changing hands for a value of $407,416, followed by Sagicor Financial Corporation Limited with a volume of 46,172 shares being traded for $378,656.90. T&T NGL Limited contributed 23,768 shares with a value of $539,997, while Scotiabank T&T Limited added 8,431 shares valued at $489,166.62.
T&T NGL Limited registered the day’s largest gain, increasing $0.30 to end the day at $22.72. Conversely, One Caribbean Media Limited registered the day’s largest decline, falling $0.25 to close at $14.25.
Clico Investment Fund was the only active security on the Mutual Fund Market, posting a volume of 39,950 shares valued at
$822,970. It advanced by $0.08 to end at $20.60.