TTSE: Not much buying

Monday, 24th March 2014 | Today there was trading in 14 securities on the Trinidad & Tobago Stock Exchange of which 2 advanced, 7 declined and 5 traded firm.

The Composite Index declined by 1.06 points to close at 1,177.21, the All T&T Index fell by 1.09 points to 1,999.76 and the Cross Listed Index eased by 0.14 points to close at 46.52. Trading resulted in 235,786 shares changing hands valued at $12,213,108.

Gains | With prices under some pressure from the absence of much buying, Jamaica Money Market Brokers gained 3 cents to end the day at 50 cents with only 1,082 units trading and Republic Bank traded 9,370 shares at $102.03 by gaining a cent to reach a new 52 weeks high.

Firm Trades | Angostura Holdings had 3,000 units changing hands at $11.00; ANSA McAL 15 units at $66.49; National Enterprises 7 units at $18.25; Neal & Massy 201 units at $66.30 and West Indian Tobacco 60,652 shares for $7,156,936 to close at $118.

TTSEMar24Declines | Agostini’s traded 9,729 shares as the price closed at $17.75 for a 4 cents fall; Ansa Merchant Bank added 10,000 shares valued at $383,000, falling 19 cents to $38.30; Clico Investment Fund traded 16,612 shares valued at $360,169 and declined by 3 cents to end at $21.68; First Citizens Bank fell 30 cents as it traded 55,451 shares with a value of $2,017,677 and closed at $36.39; Guardian Holdings had 67,232 shares changing hands for a value of $941,248 and closed at $14 down 14 cents; National Commercial Bank traded 1,435 units to close at a cent off at $1.16 while Sagicor Financial Corporation traded 1,000 units as the price fell 24 cents to close at $7.05.

IC bid-offer Indicator | At the end of trading, the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than the last selling price and 5 stocks with offers that were lower.

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