Republic Financial Holdings gained in Friday’s trading
The Composite Index declined by 1.84 points to close at 1,161.97, the All T&T Index fell by 3.65 points to close at 1,924.18 and the Cross Listed Index is stuck at 52.27 points.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator has turned negative with 7 stocks with bids higher than the last selling price and 9 stocks with offers that were lower.
Gains| Clico Investment Fund traded 16,400 shares valued at $369,164, to close at $22.51, with a rise of 1 cent. Republic Financial Holdings rose 2 cents in trading 10,306 shares with a value of $1,154,478, to close at $112.02. The stock remains in strong demand with limited supply at the close and Trinidad and Tobago NGL traded 111,282 units with a value of $2,101,509, to close with a gain of 1 cent at $19, after it traded earlier at a low of $18.88.
Losses| National Flour traded 2,702 shares as the price ended 3 cents lower at $2.15 and Scotiabank dropped $1.01 to close at new 52 weeks’ low of $59.99 with 1,500 shares trading. The stock still looked weak at the close, with an offer to sell 7,222 units at the closing price, but with the bid at $58 to buy just 33 shares.
Firm Trades| First Citizens Bank traded 2,813 units at $35, Guardian Media traded 852 shares with the price remaining at $19.75. JMMB Group continues to trade in high volumes with 664,130 value of $365,272 trading on Friday, up from 452,351 units changing hands on Thursday to close at 55 cents, at the close there was still buying interest at 55 cents to buy 138,819 units and West Indian Tobacco contributed 944 shares at $126.30.
