Monday, 3rd February 2014 | The first trading day for February on the T&T Exchange saw more stocks losing value than those that gained as 9 securities changed hands of which 2 advanced, 6 declined and 1 traded firm. The Composite Index edged down by 1.29 points to 1,190.75, the All T&T Index declined by 2.54 points to 2,001.90 and the Cross Listed Index eased by 0.01 points to close at 49.84.
Trading resulted in a mere 96,942 units changing hands with a value of $2,855,024.
Stocks gaining | Agostini’s traded 106 units at $17.80 as the price gained by a cent and Republic Bank exchanged 10,108 shares for $1,179,705 with the price increasing by a cent to end the day at $116.71.
Stocks falling | Ansa Merchant Bank which traded a mere 23 shares with the price declining by 11 cents to end at $38.49; Clico Investment Fund posting a volume of 66,040 shares valued at $1,456,322, the price declined by 45 cents to end at $22.05; First Citizens Bank traded just 992 units to close $1.49 down at $38.50; Grace Kennedy contributed 7,680 shares with a value of $28,416 but the price inched down by a cent to $3.70; Scotiabank traded 500 shares as the price dropped by 40 cents to end at $72.61 while Trinidad Cement added 1,323 shares valued at $2,844 for a 15 cents fall to $2.15.
Firm Trade | Angostura Holdings had 10,170 shares changing hands for a value of $109,328, the stock closed unchanged at $10.75.
IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator had 8 stocks with bids higher than the last selling prices and 2 stocks with offers that were lower.
