Friday, 3rd January 2013 | The Trinidad market continued the trend it started on the first trading day of the New Year with another positive performance with more stocks rising than declining. Trading occurred in 12 securities of which 6 advanced, 1 declined and 6 traded firm as the Composite Index advanced by 1.29 points to close at 1,186.51, the All T&T Index increased by 2.41 points to close at 1,996.47 and the Cross Listed Index gained 0.02 points to close at 49.45.
Trading activity on the market resulted in a volume of 190,370 shares changing hands valued at $3,672,861. Scotia Bank closed up 1 cent to close at $72.61 along with IC Insider Buy Rated First Citizens Bank closed at new 52 weeks high at the end of trading.
First Citizens Bank traded 13,402 shares for a value of $544,477 to close firm at $40.63 for a gain of 38 cents as the stock recorded yet another record price; National Flour Mills exchanged 39,946 shares for $37,969 to close at 95 cents; Neal & Massy Holdings added 6,980 shares valued at $418,816 and traded firm to end the day at $60.01; Republic Bank gained 6 cents to end the day at $115.96 with a mere 38 shares trading; Sagicor Financial Corporation added 31,631 shares valued at $90,423 with the price closing up 5 cents at $7.30; Trinidad Cement traded only 650 shares but the price moved up by 5 cents to close at $2.25.
Clico Investment Fund traded with a volume of 113,551 shares valued at $2,554,898, the price advanced by 50 cents to end at $22.00.
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.
Image courtesy of Photokanok/FreeDigitalPhotos.net.
