Monday, 26th August 2013 | Neal & Massy drops $2.93 to close at $56.01 but with a miniscule 100 shares as 14 securities of which 5 advanced, 3 declined and 6 traded firm. The market registered a volume of 228,272 shares valued at $2,841,213.
Stocks trading in good volume include Grace Kennedy, 74,189 shares valued at $245,543, Sagicor Financial Corporation; 55,088 shares valued at $374,978, the stock price increased by 30 cents to end the day at $6.81. Jamaica Money Market Brokers 43,108 valued at $24,569 as the price closed at 57 cents, a gain of 2 cents; ANSA McAL 22,949 shares valued at $1,521,289. Clico Investment Fund had a volume of 27,630 shares valued at $588,519, the stock remained firm at $21.30.
Trinidad Cement traded only 472 units at $2.06 up a cent on the day but closed with a bid at $2.13 without any stock on the offer. Guardian Holdings lost 50 cents in trading 2,000 shares as the price closed at $15, a new 52 weeks low.
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 3 stocks having offers lower than their last selling price.
[…] Neal and Massy has come down relatively sharply in price, as has Guardian Holdings. The declines have made them more attractive buys even though Guardian seem like it has further to fall before it bottoms. […]