Monday, 2nd September 2013 | The Trinidad stock market saw trading in 432,177 shares valued at $2,809,739 in Monday’s trading as 12 securities traded of which 1 advanced, 3 declined and 8 traded firm.
Trinidad Cement, last week’s big winner, led the market with 244,137 shares changing hands for a value of $638,206 as the stock shed 44 cents to close with the last traded price at $2.50. The stock closed the day with an offer of 525,277 shares at $2.50 and no stock on the bid to buy as profit taking sets in due to the stock climbing so far in such a short time frame.
Angostura Holdings with a volume of 64,212 shares accounted for $610,139 in value. National Enterprises contributed 40,000 units with a value of $640,000. National Flour Mills added 37,408 shares valued at $28,056. Sagicor Financial Corporation added 15,000 shares firm to end at $6.85, Republic Bank traded 1,800 units firm at $110.01 and Scotia Bank chipped in with 1,050 at $70.01 up a cent.
Clico Investment Fund posted a volume of 23,420 shares valued at $503,654 as the price remained firm at $21.50 the last selling price.
IC bid-offer Indicator | At the end of trading, the Investor’s Choice bid-offer indicator shows that bid for 1 stock was higher with 3 stocks having offers lower than their last selling price.
Image courtesy of Photokanok/FreeDigitalPhotos.net
