Home' Trinidad and Tobago Guardian : October 20th 2013 Contents A32
Sunday Guardian www.guardian.co.tt October 20, 2013
Local market summary
Indices movement closed higher for the
third week in a row.
The Composite Index advanced 1.43 per
cent or 16.53 points to end the week at
1,174.89, the All Trinidad and Tobago Index
rose 1.44 per cent or 27.63 points to
1,946.07 and the Cross Listed Index
increased 1.36 per cent or 0.71 points to
Trade volumes more than doubled this
week, up 118.85 per cent with 4,456,024
shares traded on the First Tier Market
compared to 2,036,088 shares last week.
The value of shares traded rose 6.85
from $15,998,410.40 last week to
$17,093,556.54 this week.
PLIPDECO Limited (PLD) was the vol-
ume leader for a second consecutive week,
accounting for 38.38 per cent of the total
volume traded with 1,710,347 shares.
The major advance was Jamaica Money
Market Brokers Limited (JMMB) which
registered a 28.07 per cent gain or $0.16
to close the week at $0.73 and the major
decline was PLD, down 0.26 per cent or
$0.01 to $3.77. Advances significantly out-
numbered declines by a ratio of 13 to 2.
There was no activity on the Second
Tier Market this week.
On the TTD Mutual Fund Market,
257,669 CLICO Investment Fund (CIF)
shares traded valued at $5,624,517.76. CIF's
share price rose 2.09 per cent or $0.45 to
In Jamaica, the JSE Market Index de-
clined 1,522.17 points or 1.86 per cent
this week to close at 81,806.11.
Trading activity resulted in 38,962,292
shares traded valued at J$290,264,712.65.
The volume leader this week was Jamaica
Broilers Limited (JBG) with 25.67 per cent
of the market or 10,001,798 shares.
The major advance was Jamaica Money
Market Brokers Limited (JMMB), up 6.25
per cent or J$0.50 to J$8.50 and the major
decline was JBG, down 8.22 per cent or
J$0.37 to J$4.13.
Dr Jayson Myers
Dr Jayson Myers, President and CEO of
Canadian Manufacturers & Exporters will
be the feature speaker at the T&T Man-
ufacturers Assocaition s President s Din-
ner on Wednesday at the Trinidad Hilton
and Conference Centre in Port-of-Spain.
Canadian Manufacturers & Exporters is
that country's largest industry and trade
association and is dedicated to improving
business conditions for Canada's manu-
facturers and exporters and helping its
more than 10,000 members compete and
win in domestic and international mar-
Dr Myers is also the chair of the Cana-
dian Manufacturing Coalition, a coalition
of more than 40 industry associations that
have come together to speak with a com-
mon voice on priority issues for Canada's
He is a well-known economic commen-
tator, and is widely published in the fields
of Canadian and international economics,
as well as technological and industrial
change. He has been recognised by con-
sulting firm Watson Wyatt as the most
accurate economic forecaster in Canada.
Dr Myers sits on special advisory councils
to the Minister for International Trade, the
Minister of Industry, Immigration Canada,
Human Resources Development Canada,
and the Canadian Border Services Agency.
He is co-chair of Canada's Roundtable
on Workforce Skills and Vice-Chair of both
the Ontario Manufacturing Council and
the Great Lakes Manufacturing Council.
He studied at Queen's University, Kingston,
and the University of British Columbia in
Canada, and at the London School of Eco-
nomics and Oxford University in the United
He has held teaching and research posi-
tions at Oxford University and Warwick
University, also in the UK. CME---known
as the Alliance of Manufacturers &
Exporters Canada until October 2000---
was formed through the 1996 merger of
the Canadian Manufacturers Association
(CMA) and the Canadian Exporters Asso-
ciation (CEA). The organisation's history
dates back more than 140 years.
Founded in 1871, CME represents more
than 10,000 leading companies nationwide,
and through various initiatives, including
the establishment of the Canadian Man-
ufacturing Coalition, touches more than
100,000 companies from coast to coast,
engaged in manufacturing, international
trade, and service-related industries. More
than 85 per cent of CME's members are
small and medium-sized enterprises.
Collectively, CME's membership network
accounts for an estimated 82 per cent of
Canadian manufacturing production and
90 per cent of all goods and services
Head of Canadian manufacturers' group comes to T&T
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