Falling stocks pressure TTSE market index

Market activity on the Trinidad & Tobago Stock Exchange closed on Wednesday with the market indices declining and with 14 securities changing hands, the same as on Tuesday but with higher volumes traded.
A total of 402,382 shares were exchanged at a value of $1,582,095 compared to Tuesday’s trades of 250,286 valued at $2,050,058 with 1 stock advancing, 5 declining and 8 holding firm.
The Composite Index lost 2.53 points to 1,213.85, the All T&T Index fell 0.42 points to 1,792.75 and the Cross Listed Index declined 0.64 points to close at 85.10.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 3 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| Trinidad & Tobago NGL gained 1 cent to close at $21.01, trading 12,408 shares.
Losses| First Caribbean International closed at $7.70, losing 5 cents with 23,000 shares changing hands, Massy Holdings lost 4 cents to close at $51.05 with trades of 1,541 shares, National Flour Mills traded 10 cents lower, closing at a 52 weeks’ low of $2.20 exchanging 90,765 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.
Firm Trades| Ansa McAL held firm at $66, with an exchange of a mere 3 shares, Ansa Merchant Bank traded 466 shares at $40, Clico Investment exchanged 3,835 shares at $22.50. Grace Kennedy closed at $2.85, with 50,000 shares changing hands, JMMB Group remained at $1.27, with 96,730 shares, Prestige Holdings closed at $10.81 exchanging 24 shares. Scotiabank exchanged 533 shares at $58 and Scotia Investments traded 19,710 shares at $2.50.

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