2 big gains on TTSE on Friday

Scotiabank jumped 98 cents on the TTSE on Friday.

Scotiabank jumped 98 cents on the TTSE on Friday.

The Trinidad and Tobago stock market closed on Friday with moderate volumes, with Scotiabank and T&T NGL rising sharply. At the close the market indices inched higher as 13 securities traded resulting in 185,214 shares valued at $1,963,836 changing hands.
On a day when there were 3 declining stocks, 2 stocks gained and 8 remained unchanged.
The Composite Index rose by 1.57 points to close at 1,152.90, the All T&T Index gained 3.12 points to close at 1,818.29 and the Cross Listed Index remained at 64.88.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 7 stocks with bids higher than their last selling prices and 10 with offers that were lower.
Gains| Scotiabank contributed 2,503 shares and gained 98 cents to end at $55 and Trinidad and Tobago NGL closed with 22,113 shares valued at $546,803 changing hands at $24.74 after gaining 24 cents.
Losses| Guardian Holdings lost 6 cents while 24,093 shares changed hands, for a value of $304,540, to close at $12.64, National Enterprises closed with 66,945 units, having a value of $716,695, changing hands at $10.60, after falling 15 cents and ReadyMix after a long period of inactivity, finally traded on Friday with only 100 shares but fell $1.01 to end at a 52 weeks’ low of $13.
Firm Trades| Clico Investments traded 1,790 to close at $22.75, First Citizens Bank traded 100 shares to end at $35, TTSE sum 22-07-16Massy Holdings ended with 400 shares changing hands for $56.73, National Commercial Bank ended with 300 shares changing hands to close at $2.60. National Flour traded 46,532 shares at $2.30, Prestige Holdings traded 2,337 shares at $10.95, Sagicor Financial Corporation closed with 4,639 shares changing hands at $7. Scotia Investments traded 13,362 shares, to end at $1.80, the equivalent of Jamaica $33.90 or 23 percent ahead of the price of $27.49, the stock last traded at in Jamaica and Trinidad cement closed at $3.36 with 1,415 units trading.

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