National Commercial Bank (NCB) traded at a new high on the Trinidad and Tobago stock market closed on Wednesday, with a premium of 26 percent over the price it last traded at in Jamaica at $42.75. NCB ended with 63,000 shares changing hands, with the price rising 10 cents to close at a 52 weeks’ high of $2.85 or J$54.
A total of 12 securities traded, resulting in 287,792 shares valued at $5,727,189 changing hands. The market closed with 1 stocks rising, 2 declining stocks and 9 remaining unchanged. At the end of trading one stock closed at 52 weeks’ high and one at a 52 weeks’ low.
The Composite Index rose 2.60 points to close at 1,155.92, the All T&T Index gained 0.14 points to close at 1,811.49 and the Cross Listed Index inched up 0.69 at 66.64.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 6 stocks with bids higher than their last selling prices and 5 with offers that were lower.
Gains| National Commercial Bank was the sole stock gaining on Wednesday.
Losses| Calypso Macro Index Fund dropped 99 cents while trading 2,400 units at 52 weeks’ low of $23.50 and Clico Investments fell 20 cents to close at $22.55 with 187,110 units valued at $4,219,412.
Firm Trades| Ansa McAl traded 14,480 units carrying a value of $897,760 to close at $62, Ansa Merchant Bank traded 963 shares to close at $40, Firstcaribbean International Bank ended trading 1,921 shares to end at $7, Guardian Holdings closed at $12.69 as 524 shares were traded, Guardian Media traded 500 shares with the price remaining at $19.75. JMMB Group ended with 9,026 shares changing hands to close at 64 cents, Massy Holdings had 1,175 shares changing hands to close at $56.73, Scotiabank ended with 2,355 shares changing hands to close at $55.25 and Trinidad and Tobago NGL closed with 4,338 shares changing hands at $23.75.
NCB at 26% premium on TTSE – Wednesday
August 3, 2016 by