The number of securities trading on the Trinidad & Tobago Stock Exchange on Tuesday, climbed to 18, compared to 14 on Monday. Unlike Monday, when just 1 stock advanced, trading on Tuesday threw up 4 winners 3 losers and 11 trading unchanged, with 1 closing at 52 weeks’ high and 1 at a 52 weeks’ Low.
In spite of the rise in the number of securities trading market activity ended with a mere 556,707 shares trading at a value of $4,534,786, well down from the 1,413,505 shares trading at for $8,688,584 on Monday.
The Composite Index fell 0.76 points to 1,257.20, the All T&T Index declined 1.90 points to 1,721.95 while the Cross Listed Index inched 0.05 points to close at 106.81.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 3 stocks with bids higher than last selling prices and 4 with lower offers.
Gains| In trading Agostini’s exchanged 694 shares, gaining 21 cents to end at 52 weeks’ high of $20.75, Angostura Holdings closed trading with just 20 shares at $15.20 after rising by 20 cents, Sagicor Financial gained 1 cent to end at $7.97, trading 275,873 shares with a value of $2,206,084 and Trinidad & Tobago NGL recovered the 30 cents it lost on Monday to close at $26.50, with 9,502 shares changing hands.
Losses| The last traded prices of the securities declining are Grace Kennedy with a loss of 1 cent, in closing at $2.99 in exchanging 217,463 shares at a value of $649,365, Guardian Holdings lost 27 cents in closing at $17.03 with 11,600 stock units changing hands and Trinidad Cement lost 20 cents to end at a 52 weeks’ low of $3.75 with 1,085 stock units trading.
Firm Trades| The last traded prices of securities closing unchanged are Clico Investments closing unchanged at $21 with 700 units trading, First Citizens closed at $32 with 8,303 units changing hands, First Caribbean International Bank trading 9,000 units at $9.30, National Enterprises exchanged 1,200 units at $9.80, Prestige Holdings closed at $10.70 with 1,453 shares trading, ReadyMix traded 500 shares at $11. Republic Financial Holdings traded a mere 5 units to settle at $100, Scotiabank closed at $60 in exchanging 1,766 units, Unilever Caribbean closed at $29, trading 500 shares, West Indian Tobacco closed at $100 with 6,948 shares with a value of $688,504 trading but traded at an intraday 52 weeks’ low of $96.99, before the close and LJ Williams B share traded 10,095 units at 70 cents.