TTSE starts 2015 slightly up

Trading on the Trinidad Stock Exchange started 2015 on a positive note with First Citizens Bank and West Indian Tobacco traded heavily. The market closed with 12 securities changing hands of which 4 advanced, 1 declined and 7 traded firm, with a total of 662,795 units, valued at $29,888,487 trading.
At the close of the market, the Composite Index rose just 0.10 points to close at 1,151.01, the All T&T Index rose by a mere 0.08 points to close at 1,983.26 and the Cross Listed Index increased by 0.02 points to 41.74.
Gains| Stocks increasing in price at the close are, Clico Investment Fund, posting a gain of 43 cents, to end at $23.50, for a new 52 weeks’ high, with 28,703 shares trading at $673,441. First Citizens Bank with 375,312 shares changing hands for a value of $13,912,734 to close with a gain of 1 cent at $37.07, Unilever Caribbean traded 1,050 shares at $64.51 with a gain of 1 cent and West Indian Tobacco with a volume of 122,699 shares traded for $14,888,215, ended at $121.34, up by a cent.
Declines| Guardian Media suffered a fall of 2 cents to end the day at $19.75 with 3,397 shares trading and was the sole stock falling.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Grace Kennedy trading 11,000 shares to close at $3.65, Massy Holdings with 79 shares trading at $68.25, National Commercial Bank traded 34,700 shares at $1.15, National Enterprises had 1,000 units trading at $17.42. National Flour with 28,724 shares advanced by 1 cent to end at $1.16, Sagicor Financial Corporation traded 823 shares to close at $5.95 and Trinidad Cement contributed 55,308 shares with a value of $138,270 to close at $2.50
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator showed 4 stocks with the bid higher than their last selling prices and 1 with the offer lower.