TTSE: Small price changes greet week

Monday, 20th January 2014 | Trading on the Trinidad market started the week on a winning note with 10 securities changing hands of which 2 advanced, 1 declined and 7 traded firm. A volume of 265,019 shares changed hands with a value of $4,800,010 by the end of trading. Neal & Massy and First Citizens Bank closed at 52 weeks high.

The Composite Index advanced by 0.16 points to 1,196.37, the all T&T Index gained 0.32 points to close at 2,018.87 and the Cross Listed Index remained unchanged at 49.14.

Stocks gaining | First Citizens had volume of 54,628 shares traded for $2,348,347 with the price ending up 3 cents at $43 another all-time closing high; National Enterprises contributed 25,000 shares with a value of $450,142, the price inched up a cent to $18.01; Neal & Massy close up 3 cents at $63.03 with very small volume trading.

Stocks that fell | Prestige Holdings was the only declining stock with 2,988 shares changing ownership at $9.40, down 4 cents from the final price on Friday.

TTSEJan20Stocks trading firm | Grace Kennedy added 12,500 shares valued at $46,250 closing at $3.70; Trinidad Cement swapped 90,613 shares at $2.30 with a value of $208,410; Clico Investment Fund traded unchanged at $22.50 with 71,953 shares valued at $1,618,943.

IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with bids higher than the last selling prices and 3 stocks with offers that were lower.

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