New highs being scored daily – TTSE

Trading levels on the Trinidad stock market continues to throw up new highs even as overall trading remains moderate. In Wednesday’s trading 10 securities changed hands of which 4 advanced 3 declined and 3 traded firm with two trading at new 52 weeks high with 125,837 stocks trading with a value of $1,027,835. Trading activity resulted in the Composite Index inching up by 0.18 points to close at 1,183.99, the All T&T Index rising by just 0.36 points to close at 2,032.44 and the Cross Listed Index remaining unchanged at 43.96 points.
Gains| Stocks increasing in price at the close are Ansa Merchant Bank that traded 1,056 shares to close up by 36 cents to $39, Neal & Massy gaining 10 cents in closing at a new 52 weeks high of $68.85 with 1,638 shares, National Enterprises traded only 100 units and closed at $19.10 with a cent increase and Unilever Caribbean enjoying $1.07 gain to end the day at $61.25 with 250 units trading, to reach a new 52 weeks high.
Declines| The stocks declining at the end of trading are Clico Investment Fund with 19,086 shares valued at $411,303 as the price declined by 9 cents to end at $21.55, First Citizens added 2,862 shares valued at $108,184, and the price declined 19 cents to close at $37.80 and National Flour Mills with 29,671 shares traded for $29,671 and closed at $1 after an 8 cents fall.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Angostura Holdings that contributed 4,000 shares with a value of $51,000 to close at $12.75, Guardian Holdings with 2,190 units to close at $14.75 and Grace Kennedy 64,984 shares changing hands for a value of $224,195 to end at $3.45.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bid higher than the last selling price and 2 stocks with offers that were lower.