Friday, 25th October 2013 | In Friday’s trading two new 52 weeks highs were recorded as there was activity in 18 securities of which 5 advanced, 3 declined and 10 traded firm. Trading resulted in 642,436 shares changing hands at a value of $24,953,649.
Agostini’s traded 5,960 units to close at a new 52 weeks high of $18 for an increase of 27 cents for the day; Angostura Holdings exchanged 107,132 shares for $1,446,282 firm at $13.50; ANSA Mcal contributed 84,465 shares with a value of $5,599,930 as the price closed firm at $66.30, while recently listed First Citizens Bank added 76,892 shares valued at $2,691,682 to close at $35.10 up 10 cents. Strong buying took place for our Buy Rated Republic Bank with a volume of 101,511 shares being traded for $11,387,162 as the price increased 16 cents to $112.28; Guardian Holdings 1,600 units saw resulted in it closing firm at $15.25; Jamaica Money Market Brokers had just 1,835 units and was down 2 cents to 71 cents; National Flour traded 13,400 units to close down 2 cents at 95 cents; National Commercial Bank 40,000 units resulted in the price closing firm at $1.14; National Enterprises traded 24,380 units firm at $17.98; Sagicor Financial 34,606 closing firm at $7.25; Scotiabank gained 42 cents to end at $71.50 while trading 2,682 shares; Trinidad Cement traded 20,000 to close down 13 cents at $2.21.
Clico Investment Fund had a volume of 118,748 shares valued at $2,553,161 as the price closed firm at $21.50.
IC bid-offer Indicator | At the end of trading, the Investor’s Choice bid-offer indicator showed bids for 5 stocks being higher and 5 stocks with offers lower than their last selling price, a big improvement over Thursday’s 1 to 6 and an indication of demand for a number of stocks at least in the short term.