National Commercial Bank stock closed up 15 percent, on the Trinidad Stock Exchange on Monday, following the company’s release of year end results, and announcement of an increased dividend payment.
At the end of trading, 10 securities changed hands of which 3 advanced, 3 declined and 4 traded firm, with a total of 760,585 units, valued at $6,993,114.
At the close of the market, the Composite Index rose 3.60 points to close at 1,141.34, the All T&T Index fell by just 0.22 points to close at 1,961.52 and the Cross Listed Index increased by a mere 0.99 points to end at 42.07.
Gains| Stocks increasing in price, at the close are, Angostura Holdings that added 26,387 shares valued at $336,684 and closed, 1 cent higher at $12.76, Clico Investment Fund with 234,824 shares valued at $5,283,640, advanced by 1 cent to end at $22.51 and National Commercial Bank with a volume of 143,877 shares traded for $166,709 and gained 15 cents to end at $1.16.
Declines| The stocks declining at the end of trading are, Guardian Holdings, falling 2 cents, in trading 17,706 units, to close at $13.49, Jamaica Money Market Brokers with 207,891 shares changing hands, for a value of $93,643, lost 1 cent to 45 cents and National Enterprises trading 5,000 shares to close at $17.48 and losing 1 cent to end at a 52 weeks low.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, First Citizens Bank traded 1,400 shares to close at $36.76, Grace Kennedy traded 500 shares at $3.84, Praetorian Property Mutual Fund traded 2,000 units at $3.40 and Sagicor Financial Corporation contributed 121,000 shares with a value of $726,000 to close at $6.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 2 stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.
NCB jumps 15% on TTSE
November 17, 2014 by
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