
Republic Financial Holdings took the largest value of trading on Wednesday on the TTSE.
The Trinidad & Tobago Stock Exchange resumed trading on Wednesday after being closed on Monday and Tuesday with trading values rising above Friday’s levels. Trading closed with Republic Financial Holdings as the dominant trade with just over 68 percent of the total value traded.
The market closed with of 10 securities changing hands compared to 13 on Friday with 2 stocks advancing, 5 declining and 3 holding firm as 195,938 shares traded at a value of $9,062,326 compared to Friday’s trades of 143,801 valued at $2,818,683.
The Composite Index declined 0.91 points to 1,210.54, the All T&T Index dropped 0.72 points to 1,789.03 and the Cross Listed Index lost 0.15 points to 84.71.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| JMMB Group closed at $1.26, gaining 3 cents with 10,000 shares changing hands and Trinidad & Tobago NGL traded 22 cents higher to close at $21.33, with an exchange of 13,946 units valued at $295,915. Losses| Grace Kennedy closed $2.70, with a loss of 10 cents exchanging 5,198 shares, Massy Holdings traded 40 cents lower, closing at a 52 weeks’ low of $50.10, with 37,320 shares changing hands valued at $1,868,488 and
Prestige Holdings closed at a 52 weeks’ low of $10.75, losing 6 cents in trading 45,247 units valued at $486,406. Scotia Investments lost 3 cents, in closing at $2.45 with trades of 20,910 shares and West Indian Tobacco closed at $126.35, with a loss of 3 cents exchanging 750 units.
Firm Trades| Clico Investment exchanged 1,424 shares at $22.51, First Citizens held firm at $31.65, with 342 shares trading and Republic Financial Holdings remained at $101.90, with 60,801 shares changing owners at a value of $6,195,622.
Trading on the Trinidad & Tobago Stock Exchange was suspended for the day of 20th June 2017 because of the impending arrival of tropical storm Brett. The market last traded on Friday as it was closed on Monday for the Labour Day holiday.
and Scotia Investments traded 2 cents lower to close at $2.48 exchanging 8,000 units. The price is the equivalent of J$47, well above the price of $38 Scotia Group plans on offering to take over the minority shares.
Ansa Merchant Bank traded 784 shares at $40, Clico Investment closed at $22.51, with 1,800 shares changing hands. First Caribbean International held firm at $7.70, with 4,000 shares traded, Grace Kennedy exchanged 20,388 shares at $2.80 while JMMB Group remained at $1.27, after trading 20,070 shares. Massy Holdings traded 5,010 units to hold at $50.50, National Flour Mills closed at $2.20, in exchanging 3,049 shares, Republic Financial Holdings closed at $101.90, with 101,997 shares changing hands valued at $10,393,494. Scotiabank exchanged 66,513 units at $58 valued at $3,857,754 and Trinidad Cement closed at $4.15, with 54,203 shares traded.
JMMB Group exchanged 24,074 shares at $1.27, NCB Financial Group closed at $4, with trades of 27,865 shares, the market closed with the bid at $4 to buy 359,230 units but there were no stocks on issue for sale. Republic Financial Holdings traded 1,570 units at $101.90, Scotiabank remained at $58 trading, with an exchange of 1,000 shares. Scotia Investments closed at $2.50, with 47,000 shares changing hands, West Indian Tobacco exchanged 1,336 units at $126.38 and Trinidad Cement closed at $4.15, with 117,425 shares traded at a value of $487,314.
Trading on the Trinidad & Tobago Stock Exchange remained subdued with moderate volume and few price changes on Monday. At the market’s close 12 securities changed hands compared to 13 on Friday, 1 stock advanced, 2 declined and 9 held firm.
Firm Trades| Berger Paints closed at $4.05 trading 200 shares, Clico Investment traded 5,080 shares at $22.51, First Caribbean International Bank closed at $7.70, with an exchange of 24,500 shares. Guardian Holdings remained at $16.20, with 29,396 shares traded at a value of $476,215, National Enterprises exchanged 150 shares at $10.50, National Flour Mills closed trading at $2.20, with 1,500 shares. Republic Financial Holdings closed at $101.90, with an exchange of 3,875 units valued at $394,862, Scotiabank remained at $58 trading 5,000 shares and Scotia Investments closed at $2.50, with 250 shares changing hands.
Firm Trades| Ansa McAL held firm at $66 trading 40,748 shares valued at $2,689,368, First Citizens traded 314 shares at $31.85, Massy Holdings closed at $50.75, with an exchange of 28,781 shares valued at $1,460,636. National Flour Mills closed at $2.20, with 1,840 shares changing hands, One Caribbean Media traded a mere 40 shares at $16, Republic Financial Holdings closed at $101.90, with trades of 59,396 shares valued at $6,052,229. Sagicor Financial exchanged 5,279 units at $8.75, Scotiabank remained at $58 trading 12,830 shares valued at $744,140 and Trinidad & Tobago NGL closed at $21.01, with an exchange of 72,404 shares valued at $1,521,208.
at $1,715,844 and Sagicor Financial traded 14 cents lower to close at $8.75 exchanging 141 shares.
NCB Financial Group closed at $3.96, with a loss of 9 cents trading 89,000 shares valued at $354,700 and Trinidad Cement lost 1 cent to close at $4.19, with 14,367 shares changing hands.
Sagicor Financial closed at $8.89, with a loss of 1 cent after exchanging 1,100 shares.