Wednesday, 18th July 2013 | It was a big day on the Trinidad & Tobago Stock Exchange with 11 securities of which 2 advanced, 1 declined and 8 traded firm. But it was not the number of companies that traded that made the day big. It was the 1.2 million units valued at $23.1 million that was the real story as this market as not seen this level of trade for some time.
Trinidad Cement, an IC Insider pick continues to reflect increasing interest from investors and was a volume leader with 842,902 shares trading for a value of $978,715, increasing by a cent to end the day at $1.16. Scotiabank Trinidad & Tobago may not have been the dominant volume player with 307,502 shares, but what it lacked there was more than made up by the magnitude of the dollar value of the trade which amounted to $21,515,915. Prestige Holdings contributed 24,778 shares to the total traded with a value of $231,674, while Barbados’ Sagicor Financial Corporation chipped in with 7,162 shares valued at $44,476.02. Clico Investment Fund was the only active security on the Mutual Fund Market, posting a volume of 6,140 shares valued at $138,150 as it traded firm.
IC bid-offer Indicator | At the end of trading, the Investor’s Choice bid-offer market sentiment indicator shows that there was 1 stock with the bid higher than the last selling price with 4 stocks having offers lower than their last selling price.
