Witco was one of the 3 stocks that had dominant trades on Friday
Market activity on the Trinidad & Tobago Stock Exchange on Friday resulted in only 8 securities being exchanged compared to 11 on Thursday. The volume traded swung upward to 507,698 with a value of $10,611,513 in contrast to Thursday’s trades of 78,795 valued at $1,350,632.
At the close, 1 stock advanced, 2 declined and 5 were unchanged. Clico Investment was the dominant trade with close to 50 percent of the volume traded and 53 percent of the market’s value, followed by Guardian Holdings and West Indian Tobacco each with just over 20 percent of the value.
The Composite Index lost 0.30 points to 1,211.06, the All T&T Index was down 0.60 points to 1,790.06 and the Cross Listed Index closed unperturbed at 84.71.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 8 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Clico Investment gained 1 cent to close at $22.51 while trading 247,575 shares valued at $5,572,669.
Losses| Massy Holdings closed at a 52 weeks’ low of $50, losing 10 cents in exchanging 6,130 shares valued at $306,916 and West Indian Tobacco traded 35 cents lower to close at a 52 weeks’ low of $126, with 17,000 units changing hands at a value of $2,142,000.
Firm Trades| Grace Kennedy exchanged 64,890 shares at $2.70, Guardian Holdings held firm at $16.20 trading 147,000 shares valued at $2,381,400, JMMB Group closed at $1.26, with trades of 25,000 units. One Caribbean Media traded 100 units at $15.01 and Republic Financial Holdings exchanged a mere 3 units at $101.90.