Tuesday, 12th November 2013 | IC Insider’s Buy Rated Republic Bank jumped $2.01 to end the day at $115.01 as 2,786 units traded on a day when trading levels were very low. The number of companies involved in trading increased to 14 from just 9 on Monday of which 5 advanced, 2 declined and 7 traded firm with a mere 97,729 shares traded, valued at $2,296,309. Scotia Bank and Unilever hit new 52 weeks high at the end of trading.
In trading, Trinidad Cement had a volume 16,000 shares changing hands for a value of $35,201 as the price remained unchanged at $2.20; First Citizens Bank volume was 9,295 shares valued at $334,596 as the price closed firm at $35.99; Jamaica Money Market Brokers added 5,815 shares valued at $3,499 as it closed firm at 60 cents; Neal & Massy had a volume of 3,956 units as the price gained 33 cents to land at $58; Sagicor Financial Corporation contributed 9,278 shares with a value of $67,266, while the price closed unchanged at $7.25. West Indian Tobacco traded unchanged at $120 with 2,471 units trading.
Clico Investment Fund posted a volume of 45,110 shares valued at $969,851 as the price closed unchanged at $21.50.
IC bid-offer Indicator | At the end of trading, the Investor’s Choice bid-offer indicator showed that there were bids for 4 stocks being higher and 4 stocks with offers lower, than their last selling price.