JMMB Group jumped to $1.60 in trading on the Trinidad & Tobago Stock Exchange on Tuesday reaching an equivalent of J$30 or $3 more than the $27 it traded at in Kingston. The market closed with 11 securities changing hands compared to 18 on Monday.
Trading resulted in 452,687 shares changing hands at a value of only $3,307,105 compared to Monday’s trades of 778,140 units valued at $10,430,581, at the close 5 stocks advanced, 1 declined and 5 remained unchanged. Market movements resulted in the Composite Index advancing 4.71 points to 1,246.63, the All T&T Index gaining 0.05 points to 1,770.50 and the Cross Listed Index added 1.29 points to close at 97.18.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 3 stocks with bids higher than last selling prices and 7 with lower offers.
Gains| The last traded price of the securities rising and the volume changing hands are First Caribbean International Bank gaining 12 cents to close at $8.25 with 6,080 shares trading, Grace Kennedy closed at $2.90, with a 1 cent gain, exchanging 700 units, Guardian Holdings settled at $15.26, rising 1 cent with 103,061 shares valued at $1,572,711, JMMB Group advanced 10 cents to close at a 52 weeks’ high of $1.60 with 24,600 shares, at the close the bid was at $1.60 to buy 5,400 units, there were no stock offered for sale and Trinidad & Tobago NGL traded 1 cent higher to $23.02 with 4,884 shares.
Losses| Clico Investment was the sole securities declining in value at the close of trading, ending at $21.40, with a loss of 5 cents as 4,819 shares were exchanged.
Firm Trades| The last traded prices of securities and the volume traded unchanged at the close of the market are, Angostura Holdings that remained at $15 with 8,000 shares, First Citizens closing at $31.76 with 8,328 shares changing hands. National Flour exchanged 231,130 shares at $2 valued at $462,260, Republic Financial Holdings closed at $101.76 with 984 units and Sagicor Financial ended at $8 with 60,101 shares valued at $480,532.
JMMB Group hits J$30 in Trinidad
October 17, 2017 by