Another down day for TTSE – Wednesday

TTSE build The Trinidad & Tobago Stock Exchange recorded mild losses on Wednesday with 112,354 shares valued at $1,496,835 changing hands. The market closed with 11 securities trading, as weakness in the market continues. At the close, no stock rose, 5 declined, while 6 remained unchanged. One stock closed at 52 weeks’ low at the end of trading.
Quotes for Republic Holdings and Scotiabank remain well below their last selling price and are likely to take a big bite out of the indices when next they trade.
The Composite Index declined by 0.86 points to close at 1,131.24, the All T&T Index fell 1.70 points to close at 1,808.33 and the Cross Listed Index remained unchanged at 60.32.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 3 stocks with the bid higher than the last selling price and 8 with offers that were lower.
Losses| Clico Investment Fund lost 5 cents in closing at $22.55 with 915 units, Massy Holdings closed with just 10 shares trading with a loss of 4 cents at a 52 weeks’ low of $52.94, Trinidad and Tobago NGL fell 49 cents to $19.51 and closed with 27,550 shares traded for $537,479. Trinidad Cement lost 5 cents in closing at $3.40 as 1,705 shares changed hands and West Indian Tobacco closed 1 cent lower at $126.28 as TTSE 20-04-1688,559 units changed hands valued at $11,183,632.
Firm Trades| Angostura Holdings traded 5,780 shares at $13, Grace Kennedy traded 6,094 shares at $5.15, Guardian Holdings had 1,160 shares changing hands to end at $13, National Commercial Bank had 10,000 units changing hands at $2.40. National Enterprises closed with 5,560 shares changing hands at $11.28 and Sagicor Financial Corporation closed at $7.25 with 1,330 shares changing hands.

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