NCB ended at a 52 weeks’ high on TTSE and is poised to move higher.
The Composite Index fell 0.04 points to close at 1,109.75, the All T&T Index fell 0.76 points to close at 1,758.64 and the Cross Listed Index rose 0.09 points to end at 61.20.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 4 stocks with bids higher than their last selling prices and 7 with offers that were lower.
Gains| Massy Holdings put on 1 cent and closed at $48.17 in trading 400 shares, National Commercial Bank (NCB) rose by 2 cents, in trading 1,200 shares at $2.47, for a 52 week’s closing high. NCB price seems set to rise further with bid at $2.48 to buy 165,344 shares and the offer at $2.75 to sell 55,000 units. National Flour ended with 5,760 shares changing with a gain of 1 cent at $2.22. Sentiment benefitted from the rise in the price of oil on the world market, resulting in investors pushed Trinidad and Tobago NGL up 44 cents, to close at $21.50 with 34,013 units valued at $725,503 changing hands.
Losses| Angostura Holdings fell by 14 cents and closed at $12.75, with 3,454 units changing hands, Guardian Holdings lost 1 cent to close at $12.84 with 275 shares changing hands, JMMB Group traded 68,179 shares and lost 1 cent to end at 60 cents.
Point Lisas traded 32,319 shares and closed with a loss of 10 cents at a 52 weeks’ low of $3.70, Prestige Holdings with 5,447 units changing hands ended at $11.11 to record a loss of 19 cents. Scotiabank lost 18 cents in trading 38,080 units for a value of $2,023,860 to end at 52 week’s Low of $53.10 and West Indian Tobacco traded 424 units with a loss of 2 cents to close at $126.28.Firm Trades| Clico Investments ended with 3,901 shares changing hands at $22.65, First Citizens had 21,481 shares changing hands to close at $30 and Sagicor Financial Corporation with 37,526 shares changing hands for a value of $267,936, closed at $7.14.