Only 6 stocks traded on TTSE

TTSE sum 10-6-14Trading levels on the Trinidad stock market on Tuesday was low with just 6 securities changing hands of which 3 advanced none declined and 3 traded firm with 48,447 stocks trading, valued at $737,074. Two stocks closed at 52 weeks high at the end of trading. The Composite Index lost 0.89 points to close at 1,183.81, the All T&T Index rose by just 1.77 points to close at 2,032.08 and the Cross Listed Index remained unchanged at 43.96. Firstcaribbean International will pay US$0.015 per share dividend on June 27 and Jamaica Money Market will pay J$0.17 cents on June 26 went x dividend today. Firstcaribbean reported a loss of US$196 million compared with a small profit of US$35.4 million in the first six months to April of 2013. Scotiabank went ex-dividend on the 9th of June and will pay $0.40 per share on July 10.
Gains| Stocks increasing in price at the close are Ansa Merchant Bank that added 1,168 shares valued at $45,132 to close at $38.64, National Enterprises ended at a new 52 weeks high with 3,300 shares valued at $63,006 and closed at $19.10 with a 14 cents gain and One Caribbean Media with a volume of 10,100 shares being traded for $228,966 gained 7 cents to close at $22.67 for a new 52 weeks high.
Declines| There were no stocks declining at the end of trading on Tuesday.
Firm Trades| Stocks closing with prices unchanged at the end of trading are First Citizens Bank with 250 units to close at $37.99, Guardian Holdings with 24,329 shares changing hands for $358,853 closed at $13.75, Infrequent trader Praetorian Property Mutual Fund saw 9,300 shares changing hands valued at $31,620 to close at $3.40.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had only 2 stocks with the bid higher than the last selling price and 5 stocks with offers that were lower.

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