Citizens climb continues

First Citizens Bank’s stock price continues to recover as the stock enjoyed another day of gains on Thursday on the Trinidad Stock Exchange with a 42 cents rise, as there was trading in 13 securities of which 7 advanced, 3 declined and 3 traded firm, with 457,650 units trading carrying a value of $8,255,609.
The Composite Index advanced by 0.27 points to close at 1,174.54, the All T&T Index gained 0.56 points to close at 2,003.95, while the Cross Listed Index remained flat at 45.25.
Gains| Stocks increasing in price at the close are, Clico Investment Fund that advanced by 5 cents to end at $21.45 as 30,366 shares valued at $651,315 were traded, First Citizens Bank that gained 42 cents to end the day at $37.46 as 17,775 units changed hands, valued at $616,970, Grace Kennedy added 25,194 shares valued at $90,479 as the price moved up 10 cents to $3.60, Neal & Massy traded 636 shares to close with a gain of 15 cents at $66.50, Prestige Holdings with 820 units, closed at $9.40 with an increase of 4 cents, Sagicor Financial Corporation with 15,685 units closed at $7.03 as the price gained 3 cents and West Indian Tobacco with 1,390 units to close with a one cent gain at $118.01.
Declines| Jamaica’s National Commercial Bank with 86,000 shares traded for $98,900, closed at $1.15, for the loss of a cent, Republic Bank suffered a loss of 27 cents to close at $120.33 and Scotiabank traded 2,409 shares valued at $168,052, to close at $69.75, as the price lost 24 cents.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, ANSA McAL contributing 71,380 shares with a value of $4,743,201, to close at $66.45, Jamaica Money Market Brokers 187,776 shares changing hands for a value of $93,888, to close at 50 cents and National Flour Mills trading 6,479 shares, to close at $1.20.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than the last selling price and 2 stocks with offers that were lower.