Low activity hits TTSE on Wednesday

Sagicor Financial closed at a 52 weeks’ high on Wednesday on the TTSE.

Trading on the Trinidad & Tobago Stock Exchange mostly lost grounds at the close on Wednesday. Trading levels fell way below previous days with just 7 securities changing hands compared to 13 on Tuesday.
Only 1 stock advanced, 2 declined and 4 held firm with 28,747 units being traded, valued at $573,758 compared to Monday’s 270,371 shares valued at $2,062,449. At the close of trading, the Composite Index dropped 0.14 points to 1,214.95 points, the All T & T Index fell 0.34 points to 1,836.96 points and the Cross Listed Index gained 0.01 point to 79.28 points.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 7 stocks with bids higher than their last selling prices and 3 with lower offers.
Gains| Sagicor Financial added 1 cent to close at a 52 weeks high of $8.02 with 12,555 shares changing hands.
Losses| Guardian Holdings closed at $12.80, down 20 cents with 7,000 units changing owners and Republic Financial Holdings lost 1 cent to close at $108.43 with 3,076 shares being exchanged, valued at $333,531.
Firm Trades| First Citizens closed trading at $34.97 with 421 units changing hands, JMMB Group held firm at 92 cents with an exchange of 4,973 shares, Massy Holdings, with 472 shares trading, closed at $51.99 and Trinidad & Tobago NGL closed at $20.49 with 250 shares changing ownership.

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