TTSE still no aggression | Buyers want stocks to buy in the Trinidad market and some sellers want to sell but there appears to be a standoff with sellers not wanting to part with some of the stocks that are not in great demand at much lower prices that they are offering to sell for. The same seems true for buyers, as there are clearly a shortage of some stocks on the market. The result of this standoff is limited trading and small price changes.
Trading on the main market | 13 securities trading with 5 advancing, none declined and 8 traded firm with a volume of 462,965 shares valued at $10,535,326.98. Conglomerate Ansa Mcal traded 125,000 shares for $8,402,500; Angostura Holdings traded 109,500 shares with a value of $985,479, while First Caribbean International Bank moved 50,000 shares valued at $400,000.
Clico Investment Fund was the only active security on the Mutual Fund Market, posting a volume of 7,447 shares valued at $156,827.
