Falling prices on TTSE – Wednesday

JMMB was the only stock rising on the TTSE on Wednesday.

JMMB was the only stock rising on the TTSE on Wednesday.

Trading ended with 3 stocks trading at 52 weeks’ lows as demand for stocks continue to be low on the Trinidad & Tobago stock market. The market closed with 9 active securities changing hands on Wednesday.
Trading ended with 1 stocks rising, 4 declining while 4 remaining unchanged on Wednesday, as 380,509 shares valued at $8,395,389 changed hands.
The Composite Index declined by 2.07 points to close at 1,114.56, the All T&T Index fell 4.78 points to close at 1,775.52 and the Cross Listed Index rose 0.09 points to 60.28.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 4 stocks with the bid higher than the last selling prices and 8 with offers that were lower. The indicators are pointing to further losses for the market, with the prices of some large capitalized stocks set to fall with offers at or below the last traded prices and bids for a small number of shares which are in some instances some distance away from the last traded prices.
Gains| JMMB Group traded 500 shares and gained 2 cents to end at 60 cents.
Losses| Readymix West Indies lost $1.04 while trading 99 shares, to close at a 52 weeks’ low of $14.01, Republic Financial Holdings shed 80 cents while 32 shares changed hands at 52 weeks’ low of $107.99. TTSE sum 11-5 -16rMassy Holdings fell by 96 cents to a 52 weeks’ low of $49, to close with 16,285 shares valued at $807,411 changing hands and Trinidad and Tobago NGL traded 15,636 units with a value of $320,538 to close at $20.50 with a loss of 49 cents.
Firm Trades| Clico Investment Fund traded 303,640 units valued at $6,865,292 to close at $22.60, National Flour closed at $2.10 with 30,400 shares changing hands, Sagicor Financial with 8,917 units changing hands ended at $7.05 and Scotiabank with 5,000 shares changing hands, ended at $54.

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