Monday, 14th October 2013 | In today’s trading on the Trinidad Exchange, 13 securities changed hands with 7 advancing, 2 declining and 4 trading firm and resulted in 1,080,184 shares crossing hands, valued at $3,840,347.
First Citizens traded 13,825 units to close firm at $35 and now seems to have settled around this price level for a while. Jamaica Money Market Brokers had 430,529 shares changing hands for a value of $251,565 as the price gained 3 cents to reach 60 cents at the end; the bid is at 60 cents with an offer at 63 cents. The price could rise in Tuesday’s trading based on these closing numbers. The stock is now at the equivalent of J$9.60 versus $8 in Jamaica and seems set to pull up the price in Jamaica. Grace Kennedy added 110,000 shares valued at $456,500 to close at $4.15 (J$66.40) compared to $56 in Jamaica, up 4 cents.
One Caribbean Media closed at a 52 weeks high of $18.08, up by 6 cents. With only 4,000 units, Point Lisas Industrial Port Development, now an IC Insider Buy Rated stock, traded 208,847 units down a cent at $3.77. Sagicor Financial traded 42,085 units and closed down 25 cents to $7. Trinidad Cement contributed 208,847 shares with a value of $787,353 as the price gained 20 cents to end the day at $2.35. Clico Investment, in posting a volume of 38,404 shares valued at $827,418, advanced by a cent to end at $21.50.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator showed bids for 5 stocks being higher and 3 stocks with offers lower than their last selling price. The stocks with bids above last selling prices includes Praetorian Property Fund with a bid at $3.60 versus the last sale of $3.41.
