The Lucas Stock Index (LSI) rose 1.25 percent during the first period of trading in December 2017. The stocks of three companies were traded with 4,550,110 shares changing hands. There was one Climber and one Tumbler. The stocks of Republic Bank Limited (RBL) increased 11.57 percent on the sale of 50,000 shares. On the other hand, the stocks of the Guyana Bank for Trade and Industry (BTI) decreased 11.11 percent on the sale of 110 shares. In the meanwhile, the stocks of the Demerara Bank Limited (DBL) remained unchanged on the sale of 4,500,000 shares.
There are frequent, frustrated, refrains from observers that it is Guyana’s political parties that are mainly responsible for promoting the culture of ethnic dominance and without it, Guyana’s politics would not be dominated by race and instability.
Saturday, December 30th GGMC team clinched Exxon pact –Trotman Minister of Natural Resources, Raphael Trotman yesterday distanced himself from negotiating the modified ExxonMobil contract last year saying it was a team of professionals that conducted the discussions and even in hindsight his government is satisfied with the terms reached.
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