Moderate price changes on TTSE

Trading on the Trinidad Stock Exchange on Thursday saw 12 securities changing hands of which 3 advanced, 2 declined and 7 traded firm with 745,726 stocks changing hands with a value of $5,950,491.
The Composite Index lost 0.53 points, to close at 1,150.48, the All T&T Index fell 1.07 points, to close at 1,986.31 and the Cross Listed Index remained at 41.19.
Gains| Stocks increasing in price at the close, are National Flour Mills with 6,152 shares to gain 5 cents and ended at $1.10, Trinidad Cement with 77,000 shares valued at $154,352 enjoyed a 5 cents to end at $2 and Unilever Caribbean with 100 shares, closed with a gain of 1 cent to end at $$63.06 for a new 52 weeks high. Trinidad Cement released results for the June quarter, showing profit before tax bettering by a small amount, the results last year, coming in at $26.5 million versus $23.4 million, but after accounting for a non-recurring charge of nearly $26 million and lower finance cost.
Declines| The stocks that declined at the end of trading, are First Citizens Bank, contributing 58,943 shares with a value of $2,093,908 as the price slipped by 28 cents to $35.52, while Point Lisas Industrial Port Development added 7,000 shares valued at $29,050 and lost 5 cents to end at $4.15.
Firm Trades| Stocks closing with prices unchanged at the end of trading, are Ansa Merchant Bank in trading 3,357 units at $39.11, Berger Paints with 500 shares, closed at $3.61, Clico Investment Fund traded 137,798 shares valued at $3,031,556, but the price remained at $22, Guardian Holdings exchanged 715 units for $14.30 each, Jamaica Money Market Brokers with 450,000 shares changing hands for a value of $184,502, ended at 41 cents, Sagicor Financial had 1,263 shares changing hands at $6.50 and West Indian Tobacco with 1,998 units closed at $118.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than the last selling price and 3 stocks with offers that were lower.