TTSE: Manipulated close or what?

Tuesday, 28th January 2014 | The official records of the Trinidad Stock Exchange will reflect no stock recording a change in price today and the indices all remaining unperturbed at the end of trading.

But that would be hiding the real truth of what really took place for the 13 securities that traded today with one stock recording a gain and 5 stocks closing down in price compared to their last selling prices on Monday. There was no change to the market indices as the Composite Index remained at 1,195.73, the All T&T Index at 2,020.18 and the Cross Listed Index at 48.81. A total of 219,809 shares changed hands with a value of $3,933,490.

Gainer | The only stock to record a gain for the day is National Enterprises with a volume of 27,954 shares being traded for $510,274 and the price gained 5 cents to end at $18.30.

TTSEJan28Decliners | Angostura Holdings traded 47,764 shares for a value of $513,463 to close down 25 cents at $11.75; Clico Investment Fund exchanged 106,378 shares valued at $2,394,308 as the price dropped by 25 cents to close at $22.50; First Citizens Bank traded 2,150 to close down 72 cents at $41.66; Readymix WI closed at $21 a new 52 weeks low as the price was down 99 cents as 800 units changed hands; Scotiabank exchanged 1,712 units at $73.11, down a cent and West Indian Tobacco fell to $118 down by $2 with only 250 units trading.

Firm Traders | The main stock to traded unchanged in price include First Caribbean International Bank that contributed 25,917 shares with a value of $168,461 to close at $6.50, while Trinidad Cement added 5,034 shares valued at $11,578, closing at $2.30.

IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with bids that were higher than the last selling prices and 5 stocks with offers lower.

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