Tuesday, 19th November 2013 | Buy Rated conglomerate Neal & Massy Holdings closed up in trading on the Trinidad Stock Exchange as there was trading in 3,895 shares valued at $229,805 as the price closed up $1 to end at $59. On another day of light trading in small lots, the overall market activity had trading in 12 securities of which 2 advanced, 1 declined and 9 traded firm as 259,777 shares traded with a value of $1,674,227.
First Citizens Bank closed firm at $36 while trading 650 units; Trinidad Cement with 225,344 shares valued at $496,607 changing hands as the price drifted down by a cent to $2.20; Sagicor Financial Corporation 20,057 shares traded for $145,413 with the price holding firm at $7.25; Republic Bank contributing 5,220 shares with a value of $600,552 and the price gained 4 cents to end at $115.05; while Scotiabank had trading in 1,470 units and closed firm at $72.01.
Clico Investment Fund had of 2,143 shares valued at $46,075 as the price remained unchanged at $21.50.
IC bid-offer Indicator | At the end of trading, the Investor’s Choice bid-offer indicator showed that there were bids for 3 stocks higher and 3 stocks with offers lower than their last selling price.
[…] The group has assets of $10.4 billion and equity of $4.4 billion and borrowings of $2.17 billion. Massy Holdings plans expansion into new areas of methanol and DME plants being constructed. Methanol is used as a […]