Thursday, 29th August 2013 | Trinidad Cement stock price is up 170 percent since hitting a low of 95 cents in May, propelling the stock to yet another 52 weeks high as only 7,615 shares traded at a $2.56, up 25 cents. The stock closed with the bid for 492,663 units at $2.56 with no stock on offer, a strong indicator of further price gains.
Market activity resulted in 11 securities trading of which 4 advanced, 3 declined and 4 traded firm as 107,590 shares traded with a value of $935,680.
Angostura Holding traded a mere 26,775 units valued at $254,364 as the price closed at $9.50 for a gain of 33 cents. The bid closed at $9.51 for 10,000 units whist the offer was for 76,188 units at $10. Sagicor Financial Corporation had a small volume of 52 shares as the price closed down 30 cents at $6.55. National Flour gained 5 cents to 75 cents as 6,556 shares traded.
Neal & Massy Holdings contributed 8,970 shares with a value of $502,320 and closed firm at $56. Jamaica Money Market traded 50,500 shares at 50 cents down 5 cents; Point Lisa traded 1,974 units at $3.66 off by 8 cents; National Enterprises traded 3,142 units firm at $16; Clico Investment Fund suffered a 5 cents fall to close at $21.50 as 1,655 shares valued at $35,583.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator shows that bids for 2 stocks were higher with 2 stocks having offers lower than their last selling price.
