Jun 2008 Financial News

Stock market activity peaks

Jun 26, 2008

Market activity picked up as trade volume registered at 1.55 million shares valued at $12.26 million.

National Commercial Bank Jamaica Limited stole the top spot with 1.01 million shares exchanging hands for $2.12 million. Scotia DBG Investments Limited, Sagicor Financial Corporation and Guardian Holdings Limited followed with trade volumes of 193,203 shares, 119,481 shares and 115,063 shares and corresponding values of $628,077.82, $2.63 million and $3.57 million in that order. Advances slightly outnumbered declines with a ratio of 7:5.

Ansa Mc Al Limited led the advancing issues with a gain of $0.50 to end at $60.00. Agostini’s Limited, Sagicor Financial Corporation and Ansa Merchant Bank Limited gained $0.49, $0.37 and $0.25 to close on $10.50, $21.99 and $32.50 in that order. Guardian Holdings Limited added $0.22 ending at an even $31.00, while Unilever Caribbean Limited and West Indian Tobacco Company Limited moved up by $0.19 and $0.13 to $21.25 and $30.53 respectively.

Meanwhile National Commercial Bank Jamaica Limited, One Caribbean Media and Trinidad Cement Limited slipped by $0.01 each ending the day at $2.10, $19.04 and $10.24.

The Composite Index climbed 2.70 points to 1,149.42, the All T&T Index increased by 3.95 points to 1.498.52, and the Cross Listed Index added 0.18 points to close on 98.45.

Trinidad Guardian
Website: http://www.guardian.co.tt/business2.html
26th June, 2008