Demand for West Indian Tobacco shares continues to build with the price adjusted for the 3 for one split bids to buy rising to 19,265 units at $40 well up on the adjusted last sale price of $34.98, but there are no stocks offered for sale.
In the overall market on Friday, investors traded 395,492 shares at $3,053,292 from an exchange of 15 securities, against 13 on Thursday, when 183,089 shares traded at $4,447,289.
At the close of the market, the prices of 4 stocks rose, 4 declined while 7 remained unchanged, leading the Composite Index to rise 6.17 points to 1,426.46. The All T&T Index rose 12.19 points to 1,781.86, while the Cross Listed Index added 0.01 points to close at 145.16.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended at 4 stocks with bids lower than their last selling prices and none with a lower offer.
Gains| Massy Holdings gained $1.75 completed trading at a 52 weeks’ high of $59.75, with 180 stock units changing hands, National Flour gained 1 cent and finished trading at $1.36 after swapping of 2,000 shares. Republic Financial jumped $4.01 concluded at $130.00, with 1,617 stock units changing hands and Trinidad & Tobago NGL rose 5 cents and ended trading of 15,811 shares at $21.05.
Losses| First Citizens Bank fell 90 cents and settled at $42.10, in swapping 50 shares, Grace Kennedy closed with a loss of 4 cents at $3.44, after exchanging 1,311 shares, JMMB Group shed 6 cents and completed trading of 201,768 shares at $2.40. Sagicor Financial declined 25 cents to end at $10.75, with investors exchanging 150,706 shares.
Firm Traded| Clico Investment Fund concluded at $24.36, with 1,700 units, Ansa Mcal completed trading at $53.99, swapping of 10 shares, Guardian Holdings ended at $18.50, after exchanging 2,256 shares. Guardian Media settled at $7.80, with 4,000 units trading, NCB Financial settled at $11, with 11,816 units changing hands, Scotiabank settled at $59.75, after exchanging 1,267 shares and Unilever Caribbean ended at $23.50, with investors exchanging 1,000 shares.
Prices of securities trading are those at which the last trade took place.
