The slide on the Trinidad & Tobago Stock Exchange continued on Tuesday as trading ended with 484,267 shares valued at $851,140 changing hands. A total of 11 securities traded with 3 falling, 2 gaining while 6 remained unchanged. Two stocks closed at 52 weeks’ lows.
The market closed with the Composite Index advanced by 0.26 points to close at 1,129.59, the All T&T Index advanced by 1.03 points to close at 1,805.17 and the Cross Listed Index declined by 0.07 points at 60.31.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 6 stocks with the bid higher than the last selling price and 6 with offers that were lower. The market still reflects signs of weakness with about a third of the listings with no bids to buy.
Gains| ANSA McAl added 1,491 shares and gained 50 cents to end at $63 and National Enterprises closed with 20,111 shares changing hands at $9 after gaining 1 cent.
Losses| Massy Holdings had 259 shares changing hands with the price declining by 11 cents to end at a 52 weeks’ low of $54.88.
One Caribbean Media traded 275 shares and fell 22 cents to end at a 52 weeks’ low of $21.75 and Scotia Investments with 149,294 shares valued at $257,727 changing hands, closed at $1.60 for a drop of 21 cents.
Firm Trades| Agostini’s ended with 1,000 shares changing hands to close at $17.01, Firstcaribbean International Bank closed at $6.50 with 1,516 units changing hands, JMMB group traded 290,655 shares to close at 59 cents. Point Lisas traded 13,553 shares at $4.05, Sagicor Financial closed at $7.01 with 5,913 units changing hands and Trinidad and Tobago NGL closed at $20 with 200 units changing hands.
Modest gains for TSE stocks – Tuesday
March 29, 2016 by
