TTSE: First Citizens up by $2.49

Wednesday, 30th October 2013 |  First Citizens Bank traded 15,556 shares valued at $551,915 increasing by $2.49 to end the day at $37.50 and had an offer at $37.49 cents at the end for 3.373 units. The price at these levels seems ahead of the market currently as demand really seems around the $35 level but supply is not great.

Trading on the Trinidad market was confined to 12 securities of which 3 advanced, 4 declined and 5 traded firm as investors picked up units 754,083 valued at $11,064,068.

Angostura Holdings fell 6 cents to close at $13.43 as 15,556 shares traded, Guardian Holdings suffered a 10 cents fall to close at $15.15 while trading 14,300 shares.

TTSEOct30One Caribbean Media traded 504,000 shares for a value of $9,172,800 as it closed up 10 cents at $18.20; National Flour Mills had 121,000 shares traded for $114,950; Point Lisa Port development traded 5,650 units unchanged at $3.77; Republic Bank traded 1,135 units to close at $112.35 down 65 cents. Scotia Investments contributed 41,096 shares with a value of $80,127 as it traded down a cents at $1.95 and Trinidad Cement traded 10,000 units firm at $2.35.

Clico Investment Fund traded 30,321 shares valued at $651,829 and closed firm at $21.50.

IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator showed bids for 3 stocks being higher and 5 stocks with offers lower than their last selling price.

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