1 new high 2 lows on TTSE – Wednesday
May 25, 2016 by
The Composite Index gained 0.38 points to close at 1,109.46, the All T&T Index advanced by 0.76 points to close at 1,762.12 and the Cross Listed Index remained at 60.73.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 6 stocks with bids higher than their last selling prices and 7 with offers that were lower. The indicator has been showing improving market sentiments recently but it may not mean the end of declining stocks.
Gains| Agostini’s gained 4 cents in trading 4,000 shares at $17.05, Trinidad and Tobago NGL rose 49 cents in trading 7,200 units at $20.99 and West Indian Tobacco traded 152 shares to close at 52 weeks’ high of $126.40 after rising 3 cents.
Losses| Scotiabank had 1,000 shares changing hands, with a loss of 6 cents to end at a 52 weeks’ low, of $53.80, Trinidad Cement fell 1 cent to close at $3.50, with 250 shares changing hands and Unilever Caribbean dipped 11 cents with 9,526 shares trading, valued at $617,571, to close at a 52 weeks’ low of $64.83.
Firm Trades| Clico Investment Fund traded 8,000 shares to close at $22.65, First Citizens Bank close at $30 as 21,355 units valued at $640,650 changed hands, National Commercial Bank traded 1,201,579 shares for a value of $2,888,790 at $2.40 and National Enterprises closed with 300 units trading at $11.20.