Business News

Neal & Massy leads for fourth week

Apr 14, 2009

Trading activity declined last week with 791,718 shares crossing the floor, down 19.74 per cent on the previous week’s volume of 986,381 shares. The value of shares traded totalled $27,980,683.83, down 46.19 per cent when compared to last week’s value of $51,995,358.66. Indices trended downward from the previous week’s close. The Composite Index dropped 11.8277 points or 1.44 per cent to end the week at 809.53, the All T&T Index declined 22.5383 points or 2.00 per cent to close at 1103.39 and the Cross Listed Index fell 0.1968 points or 0.31 per cent to 63.75.

Advances were outnumbered by declines by a ratio of three to eight. Neal & Massy Holdings Ltd (NML) emerged the volume leader for a fourth consecutive week with 390,880 shares traded or 49.37 per cent of the market. ANSA McAL Ltd (AMCL) was the second volume leader with 152,000 shares changing hands or 19.20 per cent of the total volume traded. Sagicor Financial Corporation (SFC) followed with 93,651 shares traded or 11.83 per cent of all trades.
The major advance last week went to Flavorite Foods Ltd (FFL), up 27 cents or 5.16 per cent to close the week at $5.50. SFC was next, up 19 cents or 1.84 per cent to $10.50.

This was followed by Scotiabank Trinidad & Tobago Ltd (SBTT), which advanced 13 cents or 0.46 per cent to close at $28.13. Declines were led by Guardian Holdings Ltd (GHL), which fell $1.74 or 8.81 per cent to $18. Next was AMCL, which dropped $2.76 or 6.31 per cent to end the week at $40.99. The third major decline was National Enterprises Ltd (NEL), down 30 cents or 5.00 per cent to $5.70. Have a happy and holy Easter.

http://guardian.co.tt/business/business/2009/04/12/neal-massy-leads-fourth-week

 



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