Friday, 21st February 2014 | Republic Bank and One Caribbean Media traded at new 52 weeks high to close off a week on the Trinidad & Tobago Stock Exchange that was characterised more by declining stocks than vs. those that enjoyed price gains.
On Friday, 10 securities traded of which 5 advanced, 1 declined and 4 traded firm but the Composite Index declined by 2.22 points to 1,189.87, the All T&T Index advanced by 3.84 points to close at 2,003.47 and the Cross Listed Index fell by 1.10 points 49.40. Trading accounted for only 23,960 shares valued at $709,322.
Gains | Stocks trading with increased prices are ANSA McAL with 25 shares at $66.51, up a cent; One Caribbean Media 261 shares at $19.31 for a gain of 6 cents; First Citizens Bank 77 shares to close up by 27 cents at $38.97; Republic Bank 1,000 shares valued at $117,500 and gained 50 cents to end the day at $117.50; Scotiabank with a volume of 3,000 shares being traded for $216,750 as the price closed up 25 cents at $72.25.
Firm trades | Clico Investment Fund exchanged 11,000 shares valued at $238,480 to close at $21.68; National Enterprises traded 6,153 shares changing hands for a value of $112,292 and Trinidad Cement with 216 units at $2.07.
Losers | First Caribbean International Bank contributed 2,100 shares with a value of $13,650, falling $0.25 to end the day at $6.50.
IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with bids higher than the last selling price and 4 stocks with offers that lower. The bulk of the stocks with higher bids are Jamaican based companies.
