Friday, 13th September 2013 | There was trading in 13 securities on Friday, 5 advanced, 1 declined and 7 traded firm as 577,825 units traded at a value of $3,265,401.
Jamaica Money Market Brokers had 200,000 shares changing hands for a value of $100,000; Sagicor Financial Corporation exchanged a volume of 183,334 shares for $1,265,005; Angostura Holdings did the same with 77,088 shares with a value of $770,640 as the price put on 39 cents to end the day at a 52 weeks high of $10, while Trinidad Cement added 60,000 shares valued at $117,000.
Scotiabank Trinidad & Tobago declined by a cent end the day at $70.02 but with only 200 units trading.
Clico Investment Fund share price gained a cent to close at $21.56 with a volume of 19,565 shares valued at $421,821. Praetorian Property Mutual Fund traded 4,000 units and closed firm at $3.41.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator was showing signs of a fluid market with bids for 3 stocks being higher and 4 stocks having offers lower than their last selling price.
First Citizens| Next week should be rather interesting as on Monday, First Citizens Bank is scheduled to start trading. The stock cannot trade above $25.30 as the market is restricted by a circuit breaker, which limits the daily price movement to 15 percent. This means that based on the issue price of $22, the maximum allowed for Monday is $3.30.
Related posts | First Citizens shares set to explode
