Thursday, 12th September 2013 | Activity on the Trinidad & Tobago Stock Exchange picked up resulting in trading in 15 securities of which 5 advanced, none declined and 10 traded firm as 796,303 units traded valued at $8.24 million. There were two new 52 weeks high during the day as National Enterprises traded as high as 16.05 but closed lower at the end of trading and Scotia Bank closed at a new 52 weeks high at $70.03.
Jamaica’s Grace Kennedy fresh from a road show in Trinidad, which an IC Insider source indicates was well received, had volume of 200,000 shares changing hands for a value of $660,000, followed by Jamaica Money Market Brokers with a volume of 163,000 shares for $81,500. ANSA McAL traded 20,000 units at $66.28 with no change in price at the end of trading; National Enterprises contributed 117,336 shares valued at $1,878,749; Neal & Massy exchanged 32,616 units at $56; Sagicor Financial Corporation added 96,953 shares valued at $668,898. Trinidad Cement had 92,000 units changing hands firm at $1.95 and Clico Investment Fund share price gained a cent to close at $21.55, with a volume of 58,598 shares valued at $1,262,510.
Ansa Merchant Bank exchanged just 1,000 shares at $39 up 40 cents.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator was showing signs of a fluid market with bids for 4 stocks being higher and 2 stocks having offers lower than their last selling price.
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