Thursday, 17th October 2013 | Jamaica Money Market Brokers traded at a new 52 weeks high on the Trinidad Stock Market as 313,881 shares changed hands for a value of $220,617 as the price closed at 70 cents (J$11.20). The stock traded in Jamaica on Thursday at $8.50. JMMB was not the only stock to trade a 52 weeks high as Republic Bank closed at a new 52 weeks high of $111.02 up 2 cents with 3,651 shares changing hands and Unilever hit a new 52 weeks high but just failed to hold on at that level by a cent as it closed at $55.57 as only 411 units traded.
Trading occurred in 15 securities of which 6 advanced, 5 declined and 4 traded firm while 471,165 shares changed hands valued at $2,272,881.
Trinidad Cement with a volume of 78,195 shares traded to close at $2.35 for $183,758; National Enterprises contributed 23,376 shares with a value of $420,300 to close at $17.98 while Sagicor Financial Corporation added 11,000 shares valued at $79,243 at $7.20, down 5 cents. National Flour traded 9,700 units to close at 97 cents; Point Lisas Industrial Port Development saw 6,000 shares changing hands but the price fell 2 cents to end the day at $3.75. Scotia Bank traded 2530 shares firm at $70.21 and West Indian Tobacco gained 8 cents to end the day at $118.20 with 1,640 units.
Clico Investment posted 1,449 shares valued at $251,228 and the price advanced by 2 cents to end at $21.90.
IC bid-offer Indicator | At the end of trading, the Investor’s Choice bid-offer indicator showed short term bullishness with bids for 6 stocks being higher and 2 stocks with offers lower than their last selling price.
