Wednesday, 29th January 2014 | Advancing stock held the upper hand on the Trinidad Stock Exchange as 361,022 shares traded on with a value of $3,768,959; 15 securities trading of which 5 advanced, 2 declined and 8 traded firm.
The Composite Index declined by 4.76 points to close at 1,187.91, the All T&T Index declined by 9.99 points to close at 2,004.02 and the Cross Listed Index advanced by 0.05 points to close at 48.86.
Gainers | The main traded stocks with gains include Scotia Investments with a volume of 74,262 shares traded for $107,680 as the stock price ended with a gain of 5 cents to close at $1.45. Republic Bank’s 2,425 shares traded at $116.60 for a 3 cent gain. Agostini’s and Grace Kennedy put on a cent each but traded less than 1,000 shares combined. Unilever Caribbean had 1,441 units $56.40, up 20 cents.
Losers | Profit taking continues to affect First Citizens Bank as it traded 25,361 shares valued at $1,018,953 but lost $1.67 to end at $39.99; Clico Investment Fund traded 58,374 shares valued at $1,311,509 and the price declined by 4 cents to end at $22.47
Firm trades | Trading firm are National Flour Mills with 66,151 shares at a value of $63,505 to close at 96 cents; Sagicor Financial Corporation exchanged 104,701 shares changing hands for a value of $764,461.61 and closed at $7.30; Point Lisas Industrial Port Development had 24,834 shares changing hands to close at $3.45; Angostura Holdings put in just 1,298 at $10.75, and Guardian Holdings 777 units at $14.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had only 5 stocks with bids that were higher than the last selling prices and 4 stocks with offers lower.