Momentum lost for TTSE – Monday

Trading on the Trinidad and Tobago stock market closed on Monday, with 11 securities traded compared to only 16 on previously. Unlike Friday when advancing stocks beat out declining ones more than 2 to one, at the close on Monday only 1 stock gained, 5 declined and 5 remained unchanged as two stocks ended at 52 weeks’ lows. The market closed with 78,729 shares valued at $1,082,590 changing hands.
The Composite Index eased by 0.01 points or to close at 1,142.31, the All T&T Index gained 0.28 points to close at 1,796.67 and the Cross Listed Index fell 0.04 at 64.96 points.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 9 stocks with bids higher than their last selling prices and 6 with offers that were lower.
Gains| Trinidad and Tobago NGL closed with 7,397 shares changing hands at $22.56 after gaining 5 cents.
Losses| Ansa McAl traded 40 units at a 52 weeks’ low of $62.35 after falling 7 cents, Guardian Holdings traded 10,000 shares and declined 6 cent to a 52 weeks’ low of $12.64. Sagicor Financial Corporation closed with 8,720 shares changing hands, to end with a loss of 5 cents at $7.20, Republic Financial Holdings ended with 115 shares to close at $107.15 with a fall of 15 cents and Scotiabank contributed 741 shares and fell 7 cents to end at $53.
Firm Trades| Clico Investment Fund closed with 11,200 shares valued at $254,801 changing hands to end at $22.75, First Citizens in trading 15,528 shares valued at $540,411 close at $35. JMMB Group closed with 24,867 shares changing hands, to end at 60 cents, Point Lisas trade 10,931 units to close at $3.70 and West Indian Tobacco traded 2,107 shares to close $126.28.
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