Ansa McAl up $1.50, Scotia drops 50c on TTSE

Ansa McAl jumped $1.95 on top of the $3 recovered on Tuesday’s to close at $59.95 while Scotiabank lost 50 cents trading on the Trinidad & Tobago Stock Exchange Wednesday.
The market closed with trading in 13 securities against 15 on Tuesday, with 6 advancing, 4 declining and 3 remaining unchanged.
Market activity ended with 259,145 shares trading with a big jump in value of $7,095,769 changing hands, compared to just 281,036 shares valued at $1,484,726, on Tuesday.
The Composite Index rose 3.05 points on Wednesday to 1,238.34, the All T&T Index gained 5.50 points to 1,732.30, while the Cross Listed Index shed 0.07 points to close at 100.02.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows market sentiment to be closely matched between advancing and declining stocks as the market closed with 3 stocks ending with higher bids than the last selling prices and 2 with lower offers.
Gains| Angostura Holdings gained 2 cents and ended at $15.75, with 162,249 stock units changing hands, Ansa McAl advanced $1.95 and completed trading at $59.95, with 11,563 units, Calypso Macro Index Fund declined 64 cents, trading 690 units to end at $15.14, JMMB Group added 5 cents and ended at $1.75, with 14,418 stock units changing hands, Republic Financial Holdings increased just 1 cent to $102.66, with 2,109 stock units changing hands and Trinidad & Tobago NGL rose 4 cents and completed trading at $29.25, exchanging 575 units.
Losses| Clico Investments lost 15 cents and completed trading at $20.25, with 12,522 units, Massy Holdings ended trading 20 cents lower at $47, with 4,914 stock units changing hands, Sagicor Financial concluded trading with a loss of 4 cents at $7.90, with 3,653 units and Scotiabank traded with a loss of 50 cents, settling at $65.50, after exchanging 591 shares.
Firm Trades| First Caribbean International Bank settled at $8.50, after exchanging 10,000 shares, First Citizens concluded trading at $34.91, after exchanging 4,343 shares and West Indian Tobacco ended at $88.50, with 31,518 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place.