Tuesday, 11th February 2014 | Trading on the Trinidad & Tobago Stock Exchange has gone quiet with advancing stocks difficult to come by, resulting in 12 securities changing hands of which only 1 advanced, 4 declined and 7 traded firm. Trading activity produced only 139,787 shares valued at $2,694,604.
The Composite Index declined by 0.52 points and closed at 1,194.46, the All T&T Index edged down 0.82 points to 2,002.46 and the Cross Listed Index was off 0.03 to end at 50.76.
Gains | National Flour Mills was the only stock to record a gain as it traded 26,000 shares for $27,300 as the price climbed by 5 cents to end the day at $1.05, a new 52 weeks high.
Declines | The number of declining stocks increased as First Citizens lost 3 cents to close at $38.97, while trading 2,927 shares for a value of $4,858,713; Grace Kennedy with 5,000 units is down 2 cents to end at $3.68; Republic Bank traded 8,860 shares valued at $1,036,620 with the price ending the day at $117, for a 25 cents fall; Sagicor Financial Corporation traded 70,000 units for a value of $558,800 as the price closed at $7.98 down 2 cents.
Firm trades | Stocks trading firm include Angostura Holdings with contribution of 15,000 shares with a value of $161,250, the price ended at $10.75; Clico Investment Fund traded 3,133 shares valued at $69,083, with the price remaining at $22.05; Guardian Holdings with 1,000 shares at $14.15; Guardian Media traded 837 shares to close at $19.75; National Enterprises 1,000 shares at $18.25; Neal & Massy traded 11,256 shares valued at $745,710 to close at $66.25; Scotiabank traded 1,260 shares to close at $72.50 and West Indian Tobacco 4,845 shares at $118.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator remained negative with 3 stocks with bids that were higher than the last selling prices and 7 stocks with offers that were lower.
