2 new highs on TTSE

Clico Investment Fund traded 220,230 shares valued at $5,065,290, the price gained 25 cents to end the day at a new 52 weeks’ high of $23, also closing at a new high for the last twelve months is IC Insider BUY RATED West Indian Tobacco that gained 1 cent to $121.26 while trading 116 shares. The other stock gaining in Wednesday’s trading session is another IC Insider BUY RATED stock, Scotiabank with 350 units to end at $59.22 up by 2 cents.
Scotiabank which closed with a bid of $59.31, reported an 11 percent increase in their October quarter profit after tax, and a slight increase in the full year results. These results are helping to stimulate the price of the stock forward.
In overall trading on Wednesday, the Trinidad Stock Exchange closed with 9 securities changing hands of which 3 advanced, none declined and 6 traded firm, with a total of 297,972 units, valued at $6,289,262 be actively traded. At the close, the Composite Index rose 0.05 points to close at 1,142.59, the All T&T Index rose by 0.09 points to close at 1,970.37 and the Cross Listed Index remained at 41.22.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, First Citizens Bank trading 1,500 shares to close at $36.77, Guardian Holdings with 45,969 shares changing hands for a value of $609,134 and ended at $13.25 followed by Grace Kennedy with 16,120 shares at $3.75. Massy Holdings added 5,807 shares valued at $396,328 and ended at $68.25, Prestige Holdings contributed 6,880 shares to close at $9.56 and Trinidad Cement traded 1,000 shares at $2.35.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.