Witco grabs $2.94 more
Trinidad Cement with a volume of 1,433,143 units valued at $1,395,545.50 while gaining 1 cent in price was the dominant traded stock but West Indian Tobacco stole the show with another record price up $2.94 to close the day at $110.01 on a mere 80 shares that traded for the stock. The stock closed without any on offer, the indication is that the price could go much higher in the days ahead. JMMB traded 157100 units at 50 cents around J$7.80. The stock is trading at $7 in the Jamaican Market. Guardian Holdings traded 47,204 units at $17.50 with a value of $826,070, without any price change, Neal & Massey traded 38,959 units at $59 valued at $2,298,581. Clico Investment fund traded 28.090 units at $21.08 the same price as yesterday with a value of $592,137.20.
At the close, there were 6 stocks closed with bids that are higher than the closing price. These are Ansa Merchant Bank, Berger, Grace Kennedy, Prestige Holdings, Republic Bank and Scotia Investments. Praetorian Property Mutual Fund did not trade but had a bid of 102,650 shares at $3.40 each. The fund just released results to March 2013 showing a small profit of $164,533 versus $2.8 million in 2012 and a loss of $6.4 million for the year to September 2012. The book value of the fund is put at $5.43 but the entity looks illiquid with less than a $1 million in cash down from $2 million at the end of September last year.
A volume of 1,711,122 shares crossed the floor of the Exchange today valued at $5,054,669.42, as 11 securities traded with 4 advancing, 1 declining and 6 traded firm.
Clico Investment Fund was the only active security on the Mutual Fund Market, posting a volume of 28,090 shares. Clico Investment Fund remained at $21.08. Fortess Caribbean Property Fund remained at $5.00.
