Trinidad Cement on the move again up 24c

Trinidad Cement, (IC Insider BUY RATED) gained 24 cents with less than 40,000 shares trading in Tuesday’s trading on the Trinidad & Tobago Stock Exchange. A the close of the market, there was a bid to buy 437,651 units of the stock at a higher than the last traded price, suggesting further increases ahead as investors continue to respond positively to the improvement in the results for 2014.
Trading in the market was again moderate with 10 securities changing hands of which 5 advanced, 2 declined and 3 traded firm with 116,177 stocks units changing hands, with a value of $1,710,814. The Composite Index lost 1.68 points to close at 1,148.42, the All T&T Index fell by 3.36 points to close at 1,982.20 and the Cross Listed Index remained unchanged at 41.19.
Gains| Stocks increasing in price at the close are, First Citizens with 775 units at $35.52 to gain a cent, National Flour Mills with 15,409 shares valued at $17,720 and closed at $1.15 with a gain of 4 cents, while Trinidad Cement with 38,418 shares changing hands for a value of $86,825, gained 24 cents to end at $2.26, Unilever Caribbean added 2,700 shares valued at $170,429 with the price ending at $63.13, with a 6 cents gain, for a new 52 weeks high and West Indian Tobacco 1,128 shares, closed a cent higher at $118.01.
Declines| Stocks declining at the end of trading are, Clico Investment Fund with 50,656 shares valued at $1,114,632 declined by 1 cent to end at $22 and Guardian Holdings contributed 3,379 shares with a value of $45,861, as the price lost 80 cents to close at $13.50.
Firm Trades| Stocks closing with prices unchanged at the end of trading are National Enterprises with 100 shares changing hands at $17.80, Massy Holdings with 1,336 shares at $68.51 and Prestige Holdings 2,276 traded at $9.40.
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.