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Trading
activity was up again on Wednesday, with trade volume climbing by
111 per cent to 3.12 million shares and trade value rising by 32
per cent to $31.30 million.
Once again, the volume leader in terms of value also enjoyed the
largest positive price increase of the day. Trinidad Cement Ltd
was the days major contributor with 2.57 million shares being
exchanged for $28.15 million, while simultaneously recording an
increase of $0.70 to end the day at $10.95. Capital & Credit
Financial Group Ltd and National Commercial Bank Jamaica Ltd added
184,563 shares and 103,211 shares with values of $154,716.22 and
$216,839.43 to the days overall activity.
National Enterprises Ltd and Ansa Merchant Bank Ltd posted gains
of $0.26 and $0.25, ending the day at $11.76 and $33.50 respectively.
Angostura Holdings Ltd and Trinidad Publishing Company Ltd moved
up by $0.15 each, closing on $6.50 and $21.50. Jamaica Money Market
Brokers Ltd and Republic Bank Ltd both closed $0.05 higher, moving
up to $1.15 and $101.50 in that order, while Capital & Credit
Financial Group Ltd ticked up by $0.04 to $0.85.
Of the two declining securities, Sagicor Financial Corporation led
with a decline of $0.35 down to an even $21.00, while Scotia DBG
Investments Ltd shed $0.09 to close on $3.00.
There was no trading on the Mutual Fund market. The Second Tier
market witnessed trading activity as 70 shares of Mora Ven Holdings
Ltd were exchanged for $446.60, its price moved up by 10 per cent
to $6.38. No FNCU-Venture Capital Company Ltd shares were not traded
and as such its price stood firm at $1.00.
The All T&T Index experienced its third consecutive increase
this week, moving up 8.99 points to end the day at 1,511.56, while
the Composite Index recovered from its fall on Tuesday with an increase
of 4.26 points to 1,152.43. The Cross Listed Index shed a further
0.04 points as it closed on 97.64.
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