TTSE: Low volume, low price changes

Wednesday 28th August 2013 |  With the exception of low priced Jamaica Money Market Brokers (JMMB) with 365,027 shares crossing the Trinidad Exchange and CIF with volume of 126,841 shares, trading was relatively low and so were the price changes as 11 securities traded of which 3 advanced, 4 declined and 4 traded firm with 524,976 units changing hands for a value of $3 million.

Jamaica Money Market Brokers (JMMB) 365,027 shares changed hands for a value of $200,765 as the stock traded firm at 55 cents. Grace Kennedy volume was 15,500 shares valued at $51,150 the stock closed at $3.30 down a cent. Sagicor Financial Corporation contributed 7,057 shares with a value of $48,340, the stock closed at $$6.95 losing 5 cents in the process, while National Flour Mills added 6,076 shares valued at $4,253 up a cent to 70 cents. Angostura Holding traded 1,000 units at $9.17 a gain of 4 cents. The trade of Clico Investment Fund units amounted to $2,720,466 and the stock price advanced by 18 cents to end at $21.45. Neal & Massy Holdings closed firm at $56.00 but only 729 units traded.

TTSEAug28IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator shows that bids for 2 stocks were higher with 2 stocks having offers that were lower than their last selling price.

Trinidad Cement did not trade but it had 142,796 units on the bid at $2.56 compared to $2.31 for the last traded price. There are no stocks on offer at the close of trading.

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