TTSE: TCL gets big support

Tuesday, 10th September 2013 | Trinidad Cement was the dominant stock on the Trinidad stock exchange accounting for 692,044 shares valued at $1,349,440 as the price held firm at the end of trading at $1.94 cents and seems to have found support at that level.

On Monday, we indicated that Guardian Holdings appears to have bottomed. Today, it posted a small gain of a cent in trading at $14.01 with 11,276 shares valued at $157,879 changing hands and a bid at $14.01 for 6,500 units. Jamaica Money Market Brokers with a volume of 242,200 shares traded for $121,100 remained firm at 50 cents with buying interest remaining in tack. Neal & Massy Holdings contributed 36,622 shares with a value of $2,050,832, as the price remained firm at the end. Sagicor Corporation traded 3,720 units firm at 6.85.

Clico Investment Fund was the only active security on the Mutual Fund Market, posting a volume of 13,273 shares valued at $285,859 the price remained at $21.54. Angostura Holdings traded a small volume at $9.61 a new 52 weeks high.

TTSESept10Market activity resulted in trading in 12 securities of which 2 advanced, 0 declined and 10 traded firm.

Trading activity on the First Tier Market registered a volume of 1,002,793 shares crossing the floor valued at $4,014,587

IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator has strengthened on Monday compared to Friday with bids for 10 stocks being higher with 5 stocks having offers lower than their last selling price.

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