Trinidad Stock Market Marking time

The Trinidad stock market continues to trade with no clear direction and Monday’s trading session was no exception with activity in 14 securities of which 3 advanced, 3 declined and 8 trading firm. A total of 277,748 stock units changed hands, with a value of $12,479,930.
TTSE 28-4-14The Composite Index eased 0.25 points to close at 1,178.41, the All T&T Index declined by 0.48 points to close at 2,011.88 and the Cross Listed Index remained flat 45.22.
Gains| Stocks increasing in price at the close are, Angostura Holdings trading 20,201 shares valued at $262,511 to close up a cent at $13, First Citizens Bank that traded 970 shares to close with a gain of 9 cents, to end at $38.11 and Point Lisas Industrial Port Development contributing 800 shares to the volume traded and closed at $3.71 for a one cent gain.
Declines| Agostini’s traded 565 shares and lost a cent to end at $17.69, Clico Investment Fund with 54,122 units, closed at $21.60, down 10 cents, National Flour Mills had 15,400 shares changing hands to close at $1.18, down 2 cents and Trinidad Cement price slipped 19 cents while trading 64,825 shares valued at $129,941, to close at $2.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Guardian Media while adding 608 shares to close at $19.75, National Commercial Bank with 13,525 shares to close at $1.15, National Enterprises with 696 shares changing hands and closed at $18.75, while Mora Ven Holdings that last traded on July 22 last year, finally traded today with 5,000 shares changing hands valued at $74,850 to close at $14.97, Republic Bank with 87,704 units for a value of $10,553,422, closed at $120.33, Sagicor Financial Corporation 16,452 shares valued at $115,164 to close at $7 and Scotiabank traded 1,880 units to close at $69.75.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than the last selling price and 1 stock with the offer that was lower.

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