TTSE: Trading picks up with $33m

Wednesday, 15th January 2014 | Trading activity picked up strongly on the Trinidad Stock market with trading in 16 securities of which 6 advanced, 1 declined and 9 traded firm as $$32,858,058 chased 676,587 shares.

All three indices gained during trading with the Composite Index moving up by 3.14 points and closed at 1,193.29, the All T&T Index advanced by 5.28 points to close at 2,009.81 and the Cross Listed Index inched up .13 points to 49.49.

Stocks advancing | The main trades to take place reflecting gains include First Citizens Bank which added 48,382 units valued at $2,056,291 with the price hitting yet another high, increasing by 20 cents to $42.60; Grace Kennedy gained 17 cents to end the day at $3.62 with 30,456 units; IC Insider Buy Rated Neal & Massy Holdings jumped $1.38 to end the day at $62 a new 52 weeks high with 3,35 shares changing hands; Scotiabank traded a relatively large volume of 103,134 shares for $7,539,163 with the price reaching a new 52 weeks high of $73.10 up 9 cents.

Angostura Holdings traded 13,098 units falling a cent to end the day at $11.99.

TTSEJan15Stocks traded firm | ANSA McAL closed at $66.30 with 250,000 shares changing hands for a value of $16,574,982; National Flour Mills contributed 103,070 shares with a value of $98,947 and the price closed at 96 cents; West Indian Tobacco 45,257 shares at $120; Sagicor Financial Corporation 41,691 shares at $7.30; Jamaica Money Market Brokers 10,000 shares at 50 cents; Guardian Media 3,609 shares at $19.50; Trinidad Cement, traded just 10,503 units to end at $2.30.

Clico Investment Fund, traded 10,785 shares valued at $242,663 but the price remained at $22.50.

IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator had 7 stocks with bids that were higher than the last selling prices and 4 stocks with offers that were lower.

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