The Caracas Stock Exchange Tuesday resumed trading of Venezuela's major private telecoms firm Cantv shares, following Monday suspension of the stocks trading amid an 18.09 percent fall.

On Monday, the Venezuelan Government launched a takeover bid for Cantv's stocks and American Depositary Shares (ADS) to complete nationalization of the telecoms company.
 
In mid-morning trading Tuesday, Cantv shares dropped 6.89 percent, while the Caracas Stock Exchange index tumbled 2.21 percent.

Also on Monday, the Venezuelan Government launched a takeover bid for La Electricidad de Caracas (EDC) the largest private power firm in Venezuela.