Gains for TTSE stocks – Friday

Trading on the Trinidad and Tobago Stock Exchange on Friday resulted in an equal number of advancing and declining stocks. The market closed with 10 active securities changing hands, with 2 stocks rising, 2 declining while 6 remaining unchanged, as 418,963 shares valued at $4,825,713 changed hands.
Two stocks closing at 52 weeks’ lows as a number of them try o find a bottom.
The Composite Index gained 1.30 points to close at 1,107.62, the All T&T Index advanced by 0.07 points to close at 1,758.47 and the Cross Listed Index advanced by 0.34 points at 60.73.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 6 stocks with bids higher than their last selling prices and 7 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| Angostura Holdings rose 40 cents in trading 11,779 units at $12.90 and National Commercial Bank traded 56,305 shares and gained 5 cents to end at $2.40.
Losses|$47.99 and Republic Financial Holdings lost 9 cents in trading 4,600 units valued at $496,340 to close at a 52 weeks’ low of $107.90.
Firm Trades| Clico Investment Fund traded 2,162 shares to close at $22.61, Firstcaribbean International Bank traded 245,765 shares with a value of $1,612,218 to end at $6.56, First Citizens Bank closed at $29.50 as 21,928 units valued at $646,874 changed hands, One Caribbean Media traded 34,852 shares valued at $741,999 and closed at $21.29. Praetorian Property Mutual Fund contributed 22,052 shares to end at $2.70 and Sagicor Financial closed with 100 units changing hands at $7.17.