The Trinidad and Tobago stock market closed on Thursday with moderate volumes, resulting in the market indices inching forward as 7 securities trading. The market closed with 155,585 shares valued at $2,710,831 changing hands. On a day when there were no declining stocks, 4 stocks gained and 3 remained unchanged.
The Composite Index rose by 1.55 points to close at 1,151.33, the All T&T Index gained 2.46 points to close at 1,815.17 and the Cross Listed Index advanced by 0.09 points to 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 7 with offers that were lower.
Gains| Scotia Investments gained 10 cents in trading 22,650 shares, to end at $1.80, the equivalent of Jamaica $33.90 or 28 percent ahead of the price of $26.50, the stock last traded at in Jamaica. Scotiabank contributed 16,750 shares and gained 5 cents to end at $54.02 and Trinidad and Tobago NGL closed with 32,217 shares valued at $788,817 changing hands at $24.50 after gaining 96 cents.
Firm Trades| Clico Investments traded 7,520 to close at $22.75, Guardian Holdings traded 60,400 shares changing hands for a value of $767,080 to close at $12.70, National Flour traded 14,633 shares at $2.30 and Trinidad cement closed at $3.36 with 1,415 units trading.
4 TTSE stocks rose on Thursday
July 21, 2016 by