First Citizens jumps to $34

First Citizens jumped back to $34 at the close of trading on TTSE on Friday.

First Citizens jumped back to $34 at the close of trading on TTSE on Friday.

Market activity on the Trinidad & Tobago Stock Exchange on Friday was slightly down on Thursday’s trading levels but the market ended with a big jump in the price of First Citizens Bank shares. At the close 14 securities traded, with 2 advancing, 4 falling and 8 remaining unchanged.
Trading activity closed with 383,440 shares changing hands with a value of $8,737,234, in contrast to Thursday’s volume of 513,946 with a value of $9,953,673.
The Composite Index declined 0.72 points to 1,190.73 points, the All T & T Index closed 0.27 points higher to 1,804.87 points, down 7.37 percent year to date. The Cross Listed Index declined 0.24 points to 77.07 points with year to date gains of 55.67 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 4 stocks with bids higher than their last selling prices and 9 with lower offers.
Gains| First Citizens jumped 98 cents to close at $34 while trading 42,311 shares with a value of $1,407,258 and Massy Holdings closed at $50.99, a gain of 2 cents with 3,000 shares changing hands.
< Strong> Losses|National Commercial Bank lost 3 cents and closed at $2.87 with 60,750 shares trading, Republic Financial Holdings lost 50 cents to close at $108.50 with 20,000 shares having by bought by new owners, valued at $2,174,200. Scotiabank closed at $58.69, down 1 cent with 56,309 shares changing ownership with a value TTSE sum 25-11-16of $3,305,014 while investors picked up just 90 shares of Trinidad & Tobago NGL at $22.49 after slipping by a cent.
Firm Trades | Stock trading with price unchanged at the close, are Ansa McAL with 1,201 shares at $61.94, Clico Investment having 3,151 shares changing hands at $22.60, First Caribbean International Bank closed at $8.50 with 50,570 shares valued at $429,845. Grace Kennedy ended at $2.74 with 92,429 shares, Guardian Holdings closed at $12.90 with 387 shares changing hands, JMMB Group closed at 90 cents with a mere 99 shares switching owners, Sagicor Financial closed at $7.50 with 50,718 shares valued at $380,385 and West Indian Tobacco closed at $127 with 2,425 shares changing hands with a value of $307,975.

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