Tuesday, 1st October, 2013 | First Citizens Bank traded only 6,918 to close down a cent at $35, and as a result, trading levels fell on the Trinidad market on the first trading day of October. In the end, 307,425 units traded at a value of $9,689,530 with trading in 11 securities of which 4 advanced, 2 declined and 5 traded firm.
Guardian Holdings, an IC Insider buy rated stock, contributed 19,238 shares with a value of $288,823. Grace Kennedy closed at $3.51 up 19 cents with 4,328 stock trading. Republic Bank, with increased buying interest in last few days, had a volume of 67,411 valued at $7,417,906, twice the 33,442 shares that traded on Monday but the price held firm at $110.04, National Flour Mills added 14,580 shares valued at $12,539; Neal & Massy traded 3,000 units and gained 35 cents to end the day at $56.46. Trinidad Cement had 145,000 shares changing hands valued at $311,850 as the price shed 6 cents to end the day at $2.15, while Sagicor Financial added 8,000 shares as the price remained unchanged at $7.30. Active trader, Clico Investment Fund contributed 35,000 shares valued at $755,300 to the market activity, as the price advanced by a cent to end at $21.58.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator showed the market consolidating with bids for 2 stocks being higher and 3 stocks with offers lower than their last selling price.
