The slide on the Trinidad & Tobago Stock Exchange continued on Wednesday as trading ended with 274,176 shares valued at $5,683,931 changing hands. A total of 12 securities traded with 8 falling, 3 gaining while 1 remained unchanged. One stock traded at a 52 weeks’ high while five stocks closed at a 52 weeks’ low.
The market closed with the Composite Index declined by 0.83 points to close at 1,129.32, the All T&T Index fell by 1.84 points to close at 1,804.14 and the Cross Listed Index advanced by 0.03 points at 60.38.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 5 stocks with the bid higher than the last selling price and 7 with offers that were lower. More telling is the fact that about a third of the listings have no bids to buy, a clear sign of a weakness.
Gains| Clico Investment Fund traded 4,281 shares to end with a gain of 5 cents at $22.60, Sagicor Financial gained 2 cents to close at a 52 weeks’ high of $7.01 with 41,302 units changing hands and Trinidad and Tobago NGL gained 92 cents to close at $20 with 25,587 units valued at $508,448, changing hands.
Losses| Angostura Holdings ended with 16,959 shares changing hands to decline by 35 cents to close at a 52 weeks’ low of $13.25, ANSA McAl added 11,400 shares valued at $712,500 but lost 35 cents $62.50, Calypso Macro Index Fund declined by 1 cent to end at a 52 weeks’ low of at $24.99 with 300 shares. JMMB group traded 9,345 shares and fell 1 cent to close at 59 cents,
National Enterprises closed with 3,253 shares changing hands at a 52 weeks’ low of $8.99 after falling by 1 cent, Trinidad Cement closed with a loss of 8 cents at $3.60 with 3,500 shares changing hands. L.J. Williams B share traded 900 units and lost 1 cent to close at a 52 weeks’ low of 96 cents and West Indian Tobacco traded 533 shares but fell 1 cent in ending at $126.27.
Firm Trades| Firstcaribbean International Bank closed at $6.50 with 146 units changing hands.
5 TTSE stocks close at a low – Thursday
March 24, 2016 by
