Tuesday, 3rd September 2013 | Trinidad Cement declined again today, this time by 10 cents, as the stock closed at $2.41 after trading 33,065 shares. The stock closed with 707,519 shares on offer at $2.40 without any stock posted to buy at the end of trading. The stock seems to have more of a price fall to go before it settles down again.
Market activity resulted from trading in 12 securities of which 1 advanced, 2 declined and 9 traded firm with 468,390 shares changing hands valued at $4.99 million.
Other stocks to trade in reasonable volumes include: National Flour Mills with 171,405 shares valued at $128,554 as it traded firm at 75 cents; National Enterprises 70,000 shares valued at $1,120,000 traded firm at $16. Jamaica Money Market Brokers contributed 65,300 shares with a value of $32,650 and the price holding firm at 50 cents. At the end of trading there were bids for 301,539 units at 43 cents and 190,111 to sell at 50 cents. Sagicor Financial Corporation added 59,274 shares valued at $406,027 trading firm at $6.85. Neal & Massy traded 4,500 units firm at $55.99, Point Lisa lost a cent to close at $3.74 but with just 1,000 units changing hands; Republic Bank traded 17,075 units valued at$187,421 firm at $110.01; Scotia Bank lost a cent to $70 with 991 units.
Clico Investment Fund, in posting a volume of 45,400 shares valued at $976,116, remained firm at $21.50.
IC bid-offer Indicator | At the end of trading, the Investor’s Choice bid-offer indicator shows that bid for 1 stock was higher with 3 stocks having offers lower than their last selling price.
