Massy was the most dominant trade on Friday.
Trading activity on the Trinidad & Tobago Stock Exchange remained low-keyed on Friday with only 10 securities changing hands compared to 9 on Thursday but number of units increased as well as the value of the units traded increased over Thursday’s levels.
Massy Holdings and Scotia Investments led trading with 55 percent and 31 percent of the market respectively, with 343,205 shares changed hands at a value of $8,980,169 compared to Thursday’s trades of 260,831 valued at $1,442,039.
Trading closed with 2 stocks advancing, 4 declining and 4 holding firm leading to the Composite Index declining 1.38 points to 1,206.46. The All T&T Index lost 0.09 points to 1,790.02 and the Cross Listed Index fell 0.37 points to 83.45.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| Scotia Investments traded 5 cents higher, closing at $2.05 exchanging 51,900 shares and Trinidad & Tobago NGL closed at $21.90, rising by 1 cent, trading of 128,202 shares valued at $2,807,624.
Losses| Clico Investment lost 1 cent to close at $22.50 exchanging 15,495 shares valued at $348,719, Massy Holdings ended trading at a 52 weeks’ low of $49.98 with 99,818 shares changing hands at a value of $4,988,968, Sagicor Financial closed at $8, losing 48 cents with 35,600 shares traded and Scotiabank was down 3 cents to $58, with 2,475 shares exchanged.
Firm Trades| First Citizens traded 2,632 shares at $31.60, JMMB Group closed at $1.26, with 5,000 units switching owners, National Enterprises exchanged 18 units at $10.50 and Republic Financial Holdings closed at $101.90, with trades of 2,065 shares.
