Declines up over advances

The Trinidad & Tobago Stock market continues to trade cautiously with activity in 14 securities of which 4 advanced, 6 declined and 4 traded firm. A total of 157,674 shares traded, with a value of $3,285,469.
The Composite Index advanced by 1.55 points to close at 1,174.27, the All T&T Index advanced by 3.23 points to close at 2,003.39 and the Cross Listed Index fell 0.02 to 45.25.
Gains| Stocks increasing in price at the close are, Angostura Holdings that traded 3,000 shares to close with a gain of 70 cents, to end at $11.70, First Citizens Bank with 2,642 units to close at $37.04, up 3 cents, Neal & Massy contributed 5,858 shares with a value of $388,672 and closed at $66.35 for a one cent gain and Unilever Caribbean with 60 units to end at $58.36, as the price inched up by a cent.
Declines| Clico Investment Fund traded 10,610 shares valued at $227,056 and lost 5 cents to end at $21.40, Guardian Holdings traded 52,548 shares valued at $689,164, to close at $13.05, down 13 cents, Readymix (West Indies) traded 100 shares for the first time since it traded on January 28th this year and closed on Wednesday with $1.35 fall, to $19.65, for a new 52 weeks low, Sagicor Financial with 2,777 units at $7, closed down by 2 cents, Scotiabank 6,973 units valued at $488,041 closed with a 1 cent decline to at $69.99 and Trinidad Cement closed with 5,000 shares at $2.19, for a 1 cent loss.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Ansa Mcal which added 1,001 shares to close at $66.45, National Enterprises with a volume of 67,000 shares, valued at $1,256,250 and closed at $18.75, Grace Kennedy with only 100 shares changing hands to close at $3.50 while West Indian Tobacco traded just 5 shares and closed at $118.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than the last selling price and 4 stocks with offers that were lower.