Thursday, 16th January 2014 | There were 3 new highs at the end of trading in Trinidad, and the volume of stocks trading fell back from Wednesday’s high, but with the same number of securities being active; 16 securities of which 5 advanced, 4 declined and 7 traded firm.
The Composite Index gained 2.27 points to close at 1,195.56, the all T&T Index advanced by 7.43 points to 2,017.24 and the Cross Listed Index inched down by 0.35 points to end at 49.14. Trading volume amounted to 562,147 shares with a value of $9,362,629, well down on the $33 million of trading on Wednesday.
Stocks advancing | Stocks to enjoy gains during the day include First Citizens Bank added 48,382 units valued at $2,056,291 with the price hitting yet another high, increasing by 40 cents to $43; Neal & Massy Holdings contributed 36,990 shares with a value of $2,316,565, the price rose by $1 to end the at $63, a new 52 weeks high; National Enterprises added 27,500 shares valued at $495,000 the price gained 40 cents to $18, for a 52 weeks high; Grace gained 8 cents to end at $370 with only 300 shares changing hands and Republic Bank gained 4 cents to close at $116.18 with just 270 units.
Stocks falling | Angostura Holdings traded 66,156 shares for $780,641 but the price slipped 19 cents to close at $11.80; Point Lisas Industrial Port Development lost 10 cents to close at $3.50 while trading 17,200 units; Scotia Investment lost 7 cents in closing at $1.43 with 1,800 units and National Commercial Bank ended up shedding 6 cents to close at $1.05 as 5,000 units traded.
Stocks traded firm | Stocks that traded unchanged in price include Trinidad Cement with 180,299 shares changing hands for $414,688 with the price closing at $2.30; Sagicor Financial 20,000 units closing at 7.30; National Flour Mills 3,542 shares at 96 cents; Guardian Holdings 2,660 units at $13.76.
Clico Investment Fund with 174,950 shares valued at $3,936,462 as the price remained at $22.50.
IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with bids higher than the last selling prices and 4 stocks with offers that were lower.
