Thursday, 2nd January 2014 | The Trinidad market started off the new year on a positive note with trading in 12 securities, 5 advanced, 1 declined and 6 traded firm. The Composite Index advanced by 0.17 points to close at 1,185.22, the All T&T Index moved up by 0.34 points to close at 1,994.06. The Cross Listed Index remained at 49.43.
Trading activity resulted in a volume of 749,040 shares changing hands valued at $7,340,815. Scotia Bank closed up 5 cents to close at $72.60 and One Caribbean Media closed up 4 cents at $18.54, both of which hit new 52 weeks high at the end of trading.
First Citizens Bank traded 20,566 shares to close firm at $40.25; Grace Kennedy contributed 130,000 shares with a value of $448,931, the price closed firm at $3.45; National Flour Mills exchanged 161,054 shares for $153,001; Republic Bank gained 6 cents to end the day at $115.90 with a mere 45 shares trading; Sagicor Financial Corporation added 31,631 shares valued at $229,325 with the price closing unchanged at $7.25; Trinidad Cement had 231,801 shares changing hands for a value of $509,962 but the price remained unchanged at $2.20; West Indian Tobacco traded 14,559 units to close 3 cents up at $120.03.
On the Mutual Fund Market 145,538 shares changed hands for a value of $3,164,676.00. Clico Investment Fund traded with a volume of 143,538 shares valued at $3,157,856, the price advanced by a cent to end at $22.00. Praetorian Property Mutual Fund traded 2,000 shares, falling $0.14 to close at $3.41.
IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with bids higher than the last selling prices versus only 1 stock with an offer that was lower.
