Wednesday, 26th 2013 | Ten stocks traded on the exchange on Wednesday with only one stock recording a price movement as Clico Investment Fund dominated trading with 1,341,576 shares valued at $30,856,248. One stock fell in price on the day as the conglomerate ANSA McAL declined by 2 cents to end the day at $67.20 while trading a mere 486 shares. The main market registered a volume of 189,797 shares valued at $378,214.
Jamaica Money Market Brokers had 107,880 shares changing hands for a value of $53,940. Trinidad Cement saw a volume of 61,153 shares trading for $58,006. Angostura Holdings contributed 10,000 shares with a value of $90,000 and Sagicor Financial Corporation accounted for 8,510 shares valued at $53,358.
IC bid-offer Indicator | At the end of trading, the IC bid-offer sentiment indicator shows that bids for 3 stocks were higher, with 3 stocks that had an offer that was lower than their last selling price.
At the close it appears that Witco with a PE of 26 and Unilever with a PE of 21 are poised for more gains ahead. So too is Scotia Investments, which had a bid of 117,000 shares at $1.78 on Tuesday saw the bid moving to $1.80 for 1,200 shares, the offer is for 21,878 share at $1.85. Others are showing signs of possible price gains are National Enterprises with a PE of 16, One Caribbean Media with a PE of 12.5, National Flour mills with a PE of 6.
