4 stocks rose on TTSE – Tuesday

Trinidad and Tobago stock market ended Tuesday with 10 securities trading, up from 6 on Monday. 4 stocks gained, 2 declined while 4 remained unchanged. Trading activity resulted in 256,553 shares valued at $940,757 changing hands, compared to 576,610 shares valued at $4,655,206 on Monday as one stock closed at new 52 weeks’ high.
The market closed with modest movements in the indices, with the Composite Index rising by 1.33 points to close at 1,175.50. The All T&T Index closed with a gained 1.47 points at 1,820.93, down 6.55 percent for 2016 and the Cross Listed Index rose 0.16 points to 70.70 points and is up 42.80 percent year to date.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 5 stocks with bids higher than their last selling prices and 8 with lower offers.
Gains| JMMB Group gained 3 cents to close at a 52 weeks’ high of 80 cents with 61,854 units switching owners, Sagicor Financial Corporation rose 5 cents to close with 34,585 shares changing hands at $7.20. Scotiabank ended trading 32,686 shares and closed with a rise of 24 cents at $58.51 and Trinidad Cement jumped 30 cents up by 8.6 percent to close at $3.80 while trading 28,503 units.
Losses| First Citizens Bank closed with just 563 shares changing hands to end with a loss of 2 cents at $34.93 and Massy Holdings lost 49 cents and ended with 579 shares changing hands to end at $51.50.
Firm Trades| Ansa McAl traded 888 units to end at $62.68, National Commercial Bank closed at $2.60 with 556 shares trading, Scotia Investments had 125,036 shares changing hands to close at $1.80 and Trinidad and Tobago NGL closed at $23.59 with 821 units changing hands.