Wednesday, 6th November 2013 | Trading continues to be very moderate on the Trinidad & Tobago Stock Exchange with only 159,222 shares changing hands with a value of $3,248,583, resulting in trading of 13 securities of which 4 advanced, 2 declined and 7 traded firm.
Trinidad Cement had 78,110 shares changing hands for a value of $180,604, the price fell 3 cents to $2.31 after the company posted results that showed just a small profit in the September quarter compared to the first two quarters as problems with the plants in Barbados and in Trinidad resulted in lost sales and increased operating cost. Guardian Holdings saw 4,000 shares trade for $15 each; Neal & Massy traded 3,150 units to close up 2 cents at $57.67; Republic Bank with 13,893 shares trading for $1,563,240 enjoyed a price gain of 11 cents to close at $112.52; Scotia Investments contributed 10,700 shares with a value of $20,758 to close firm at $1.94, while Sagicor Financial added 8,170 shares valued at $59,233 as it closed unchanged at $7.25. West Indian Tobacco traded 2,930 units unchanged at $120.
Clico Investment Fund exchanged 35,997 shares valued at $774,492 but the price declined by 7 cents to end at $21.52.
Scotia Bank traded at a new 52 weeks high at $71.57 up by 4 cents as just 612 units traded.
IC bid-offer Indicator | At the end of trading there were bids for 6 stocks that were higher than their last selling prices and 5 stocks on offer lower than the last selling price.
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