TTSE: Holding steady

Friday, 14th March 2014 | Market activity on the final day of the week on the Trinidad & Tobago Stock Exchange resulted in 16 securities changing hands of which 4 advanced, 3 declined and 9 traded firm as 1,438,329 shares traded for $9,769,199.

Price movements resulted in the Composite Index falling by 11.53 points to close at 1,182.92, the All T&T Index advanced by 1.60 points to 2,010.83 and the Cross Listed Index declined by 3.29 points to close at 46.56.

Gains | Stocks recording gains at the end of trading are Clico Investment Fund that traded 54,086 shares valued at $1,170,962 as the price rose by 2 cents to end at $21.65; First Citizens Bank gained 65 cents to close at $37.65 while trading 37,550 shares; One Caribbean Media with 375 units with a 9 cents increase to $19.70 a new 52 weeks high; Trinidad Cement with a volume of 463,720 shares valued at $1,065,802 to close at $2.30 up by 5 cents.

TTSEMar14Firm trades | Stocks trading with unchanged prices at the end of the day are Angostura Holdings 12,870 shares with the price closing at $11; Guardian Media 3,000 units at $19.75; Jamaica Money Market Brokers with 517,200 shares changing hands for a value of $232,740 as the price remained at 45 cents; National Commercial Bank Jamaica with 170,494 shares with a value of $199,477 to close at $1.17; while National Flour Mills added 64,064 shares valued at $73,674 to close at $1.15; National Enterprises 4,780 units while closing at $18.25; Neal & Massy with 50,000 shares at $66.32; Unilever Caribbean 1,534 shares at $58.05 and West Indian Tobacco 14,470 shares at $118.

Declines | FirstCaribbean International Bank fell 73 cents to close at $5.75 while trading 20,500 units; Grace Kennedy traded 23,536 shares to close at $3.65 for a 4 cents decline and Sagicor Financial Corporation exchanged 150 shares at $7.39and was down by 3 cents.

IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator showed weakness in the market with 2 stocks having bids higher than the last selling price and 3 stocks with offers that were lower.

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