Trinidad Cement gained nearly 11 percent in trading on the Trinidad Stock Exchange on Tuesday, and closed with the bid at $2.61, with no stocks offered for sale. A total of 12 securities changed hands of which 3 advanced, 1 declined and 8 traded firm, with a total of 1,124,148 units, valued at $17,398,957.
At the close of the market, the Composite Index rose 0.91 points to close at 1,147.07, the All T&T Index rose increased by 1.83 points to end at 1,979.20 and the Cross Listed Index remained at 41.23.
Gains| Stocks increasing in price at the close are, National Enterprises with 160,000 shares being traded for $2,783,543, closed up 6 cents at $17.40, Sagicor Financial Corporation contributed 13,731 shares at $5.02, up 2 cents and Trinidad Cement with 331,000 shares changing hands for a value of $842,050 to end with an increase of 25 cents to $2.60.
Declines| The stocks declining at the end of trading are, Massy Holdings traded 1,000 units and declined 1 cent to end at $63.88 for a new 52 weeks’ low.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund trading 601,300 shares valued at $13,529,316 but remained at $22.50, First Citizens Bank trading 2,737 shares to end at $35.75. Firstcaribbean International Bank traded 500 shares to close at $5.02, Grace Kennedy traded 1,100 shares at $3.65 while Jamaica Money Market Brokers added 12,000 shares at 43 cents. National Commercial Bank ended trading with 300 shares at $1.18, National Flour Mills traded 450 shares at $1.45 and One Caribbean Media traded 30 units to close $23.96.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator shows 4 stocks with the bid higher than their last selling prices and 3 stocks with offers that were lower.
TCL up 10.6% to $2.60
February 10, 2015 by
