TTSE: Little forward movement so far

Tuesday, 18th February 2014 | The Trinidad & Tobago stock market continues to exhibit weakness as most price changes on Tuesday were down with only on price being up.

In today’s trading on the Trinidad stock market 9 securities changed hands of which 1 advanced, 3 declined and 5 traded firm. Trading resulted in just 171,274 shares changing hands valued at $1,501,139.

The Composite Index eased by 0.83 points to 1,192.38, the All T&T Index slipped by 1.75 points to close at 2,000.34 and the Cross Listed Index edged up by 0.02 points to close at 50.49.

Gains | One Caribbean Media was the only stock to advance as the price gained 23 cents to end at $19.25 with 775 shares changing hands.

TTSEFeb18Firm Trades | While the market tended to be on the weak side here were more stocks trading firm than those declining with Clico Investment Fund closing at $21.70 while trading 22,026 shares valued at $477,964; Jamaica Money Market Brokers had 100,000 shares changing hands for a value of $50,100 with the price closing at 50 cents; Neal & Massy contributed 7,505 shares with a value of $497,341 and closed at $66.27; Point Lisas Port Development traded 316 units to close at $3.60 and Republic Bank had just 53 shares and closed at $117.

Losers | First Citizens Bank added 2,107 shares valued at $82,136, lost 2 cents to end at $38.98; Sagicor Financial Corporation added 37,325 shares valued at $287,403 to close at $7.70 for a decline of 4 cents and Scotiabank price fell 50 cents to close at $72.00 while trading 1,167 units.

IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with bids higher than the last selling price and 5 stocks with offers that were lower.

Image courtesy of Photokanok/FreeDigitalPhotos.net.

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