8 TTSE stocks gained only 1 fell

NCB in good demand in Trinidad & seems poised to gain next week

NCB in good demand in Trinidad & seems poised to gain next week

Trading on the Trinidad Stock Exchange was with 17 securities changing hands of which 9 advanced, 1 declined and 7 traded firm with a total of 183,674 units, valued at $3,392,529. National Commercial Bank ended with a bid to buy 201,876 shares at $1.38, there were 50,171 units on offer at $1.55. In Jamaica the stock fell to J$23.50 or TT$1.31 on relatively low volume.
At the close of the market, the Composite Index rose 1.79 points to close at 1,151.49, the All T&T Index gained 2.92 points to close at 1,974.35 and the Cross Listed Index increased by a mere 0.08 points to end at 43.06.
Gains| Stocks increasing in price at the close are, ANSA Mcal gaining 2 cents, while trading 4,886 units, to end at $66.90, First Citizens Bank trading 1,263 shares, gained 22 cents to close at $35.22, Guardian Holdings contributing 30,515 shares with a value of $413,479, put on 49 cents to end at $13.59. Massy Holdings gained 1 cent while trading 12,981 shares at $63.37. Point Lisas Industrial Port Development while exchanging 199 shares, gained 2 cents to end at $5.16, Sagicor Financial Corporation with 48,950 shares changing hands for a value of $252,582, closed with a 6 cents gain at $5.16. Scotia Investments added 13,500 shares and closed 4 cents higher at $1.49, Trinidad Cement traded 39,419 shares to end at $2.50 after putting on 19 cents and West Indian Tobacco gained 1 cent while trading 4,800 units to end at a new 52 weeks’ high of $125.05.
TTSE 13-3-15 Declines| Scotiabank was the stock declining at the end of trading having lost 15 cents to close at $62.01 while trading 2,280 shares.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Ansa Merchant Bank trading 4,280 units, to close at $38.91, Clico Investment Fund trading 17,027 shares valued at $383,108 and closing at $22.50. National Flour with 819 shares changing hands, closed at $1.55, One Caribbean Media with 315 shares, traded at $23.96, Prestige Holdings with 1,000 shares changing hands, closed at $9.91 and Republic Bank traded 790 shares to close at $118.21.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator shows just 1 stock with the bid higher than their last selling price and 1 stock with a lower offer.

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