Tuesday, 16th July 2013 | The total amount of trading took place in 9 securities of which 3 advanced, 1 declined and 5 traded firm on Tuesday as 1,172,484 units crossed the flo0r of the Trinidad Exchange with a value for $3 million.
Jamaica’s National Commercial Bank traded 677,000 shares, for a value of $812,217. IC Insider’s buy rated Trinidad Cement exchanged 448,600 shares for $515,890 as the stock continues to gain closing at $1.15 with a bid at $1.17 for 152,000 shares and the offer at $1.31 for 50,000 units, an indication of more gains ahead. Trinidad’s Scotiabank enjoyed 11,945 shares switching ownership with a value of $835,791, while Angostura Holdings added 3,000 shares valued at $27,169, losing 4 cents to close at $9.06. Clico Investment Fund was the only active security on the Mutual Fund Market, posting a volume of 28,636 shares valued at $644,310. Ansa Merchant Bank Limited enjoyed the day’s largest gain, increasing 7 cents to end the day at $38.60 as 550 units traded.
West Indian Tobacco has a bid at $117.51 for 20,869 shares. The offer is at $118 for a mere 691 units. Unilever has a bid at $54 for 22,980 units, the offer is 43 units at $54.14.
IC bid-offer Indicator | At the end of trading, the Investor’s Choice bid-offer market sentiment indicator shows that bids for 1 stock were higher with 4 stocks having offers lower than their last selling price.
Conversely, Angostura Holdings Limited suffered the day’s sole decline, falling $0.04 to end the day.
