Massy rose on Friday
Trading on the Trinidad and Tobago Stock Exchange on Friday resulted in slightly more stocks declining than advancing. The market closed with 9 active securities changing hands, with 3 stocks rising, 4 declining while 2 remaining unchanged, as 334,465 shares valued at $6,297,246 changed hands. The market ended with 1 stock closing at 52 weeks’ lows.
The Composite Index gained 0.21 points to close at 1,109.67, the All T&T Index advanced by 0.48 points to close at 1,762.60 and the Cross Listed Index remained at 60.73.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 7 stocks with bids higher than their last selling prices and 10 with offers that were lower. The indicator has been showing improving market sentiments recently but it may not mean the end of declining stocks.
Gains| Massy Holdings gained 16 cents in trading 1,010 shares at $48.15, Scotia Investments contributed 500 shares, gaining 1 cent to close at $1.61 and Trinidad and Tobago NGL rose 1 cent in trading 21,792 units with a value of $457,505 to close at $21.
Losses| Clico Investment Fund traded 247,113 shares valued at $5,587,242 and fell 4 cents to close at $22.61, Point Lisas lost 2 cents in trading 10,000 units to close at $3.80. Sagicor Financial Corporation closed with 4,000 shares changing hands, to end with a fall of 2 cents at $7.15 and Unilever Caribbean dipped 1 cent with 15 shares trading, to close at a 52 weeks’ low of $64.82.Firm Trades| Praetorian Property Mutual Fund traded 50,000 shares at $2.70 and Readymix 35 units at $14.01.
