Jul 2008 Financial News

NCBJ leads market activity

Jul 09, 2008

Market activity slowed to record a total of 552,318 shares, with a corresponding trade value of $3.76 million.

National Commercial Bank Jamaica Ltd registered as volume leader with the trading of 192,500 shares for $394,750.00, while its price declined by $0.05 to $2.05. Meanwhile, 129,598 shares of Trinidad Cement Ltd were exchanged for the day’s highest trade value of $1.39 million, while simultaneously suffering a loss of $0.21 to close on $10.74. GraceKennedy Ltd contributed 107,153 shares valued at $899,820.70 as it ticked up $0.01 to $8.40.

Readymix West Indies Ltd led the advancing securities with a gain of $1.00, ending on $20.00, while Trinidad Publishing Company Ltd, Ansa Merchant Bank Ltd and National Enterprises Ltd followed with increases of $0.51, $0.50 and $0.25 closing on $22.01, $34.00 and $12.50 in that order. LJ Williams B and Scotiabank Trinidad & Tobago Ltd added $0.05 each ending on $1.75 and $38.05, while Republic Bank Ltd climbed $0.03 to close on $102.05.

Sagicor Financial Corporation topped declines with a drop of $0.47 to $20.49, while Guardian Holdings Ltd lost $0.43 on its way to $30.50. Capital & Credit Financial Group Ltd and Scotia DBG Investments Ltd shed $0.04 as they closed on $0.80 and $2.95 respectively, while First Caribbean International Bank Ltd slipped by $0.02 down to $11.48.

The Composite Index fell by 2.56 points to 1,155.99, while the Cross Listed Index shed 0.88 points as it closed on 96.69. The All T&T Index continued to increase, climbing 2.28 points to 1,526.90.


Trinidad Guardian
Wednesday 9th July 2008
http://www.guardian.co.tt/business3.html