Thursday, 18th July 2013 | Trading activity returned to what has been taking place in recent weeks on the Trinidad & Tobago Stock Exchange when the level of trading pulled back from Wednesday’s increased volume. Stocks of 13 companies traded, of which 4 advanced, 3 declined and 6 traded firm as 324,125 units valued at $3.62 million traded.
Trinidad Cement, an IC Insider pick continues to attract investors with 262,170 shares trading for a value of $238,196, while losing a cent to close at $1.15. At the end of trading, there was a bid for 176,551 units at $1.15, the offer was at $1.20 for 5,000.
Scotiabank Trinidad & Tobago enjoyed trading, much lower than on Wednesday, with just 5,349 units trading at Wednesday’s closing price of $69.97, but it had a bid for 1,400 units at $70 at the end of the day. Guardian Holdings traded 16,800 shares for $268,792, while Barbados’ Sagicor Financial Corporation chipped in with 10,000 shares valued at $62,200. West Indian Tobacco, traded 8,148 shares valued at $957,864 as the stock closed at $118, up 49 cents. Unilever Caribbean gained $1 to end the day at $55 as it traded 3,040 shares. Clico Investment Fund was the only active security on the Mutual Fund Market, posting a volume of 61,955 shares valued at $1,391,735 as it fell 5 cents to $22.46
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer market sentiment indicator shows that there was 1 stock with its bid higher than the last selling price with 4 stocks having offers lower than their last selling price.
