TTSE: Wednesday, 22nd May 2013

No aggression in trades | Market activity continues to meander along as traders nibble away at prices with very little changing from day to day. Wednesday’s trading session was no exception as price changes on the Trinidad & Tobago Stock Exchange were again moderate with the highest gain being 12 cents for Scotia Bank and the highest loss was 5 cents for Point Lisa Industrial Port Development.

There was trading in 16 securities of which 7 advanced, 4 declined and 5 traded firm. Main market volume was 665,031 shares valued at $6,596,902.44. Point Lisas Industrial Port Development Corporation traded 349,209 shares for a value of $1,239,942, followed by Angostura Holdings with a volume of 207,100 shares traded for $1,863,900, while ANSA McAL added 30,446 shares valued at $2,046,580. Clico Investment Fund traded 6,860 shares for a value of $109,332.

An indication of market sentiment is to be found in the both the advance/decline ratio which has been positive for several trading days as well as in the number of stocks closing with bids above last selling price or the offer below the last selling price. At today’s close there were 5 stocks with bids higher than the last selling price and 4 with offers below. One stock traded at a new 52 weeks high.

TTSEMay22

 

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