Friday, 23 August, 2013 | The Trinidad Stock market has been dominated by trading in Clico Investment Fund with volume of 56,776 shares valued at $1,209,329 trading to close firm at $21.30. Trading in the main market continues to be very subdued with only 100,546 shares crossing the floor of the Exchange valued at $197,401 as overall trading took place in 6 securities of which 3 advanced, 2 declined and 1 traded firm. Overall trading accounted for 157,322 shares valued at $1.4 million.
The main trades were, Jamaica Money Market Brokers 36,100 shares valued at $19,885 as the stock lost 2 cents and closed at 55 cents, National Flour Mills 30,400 shares worth $20,880 and closed at 68 cents down 2 cents. Trinidad Cement 20,000 shares with a value of $41,000 as the stock gained 5 cents to close at another 52 weeks high of $2.05 and seems poised to move higher as it has a bid for 111,187 units at $2.05, while the offer is at $2.30 for only 472 units. Of course much could change when trading starts on Monday. Sagicor Financial Corporation added 11,500 shares valued at $74,900 the stock gained 17 cents to close at $6.53. National Enterprises traded 2,546 units in gaining 24 cents to end the day at $16.00.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator shows that bids for 3 stocks were higher with 5 stocks having offers lower than their last selling price.
