Wednesday, 5th June 2013 | As if to indicate that the increased trading activity on Tuesday was just a flash in the pan, investors seem to have sent a message that what happened then can’t be expected to continue.
As a result, the market pretty much gave back today what it gained in Tuesday’s increased trades. With the exception 316,443 shares of National Commercial Bank (NCB) which changed hands with a value of $379,732 there was little else to seriously brag about in market activity on the Trinidad & Tobago Stock exchange which was tepid at best. At the end of the days trading there were no price changes of any of the mere 4 securities that traded.
Trading activity on the main market involved 325,148 shares, valued at $634,160. Apart from NCB which accounted for the vast majority of the volume that traded, Sagicor Financial Corporation traded 6,781 shares valued at $42,788. Republic Bank contributed 1,924 shares with a value of $211,640. Also trading was 29,940 units of Clico Investment Fund at a value of $630,237.
At the end of trading 5 stocks bids were higher and 3 stocks had offers were lower than the last selling price.