TCL made an offer to buy out the minority shares in Reaymix at TT$11.
Trading closed with 12 securities changing hands compared to 11 on Wednesday, with the market having been closed on Thursday. The prices of 3 stocks gained 7 fell and 2 remained unchanged.
Trading volume fell to a low of 67,974 shares valued at $1,375,038 compared to Wednesday’s 90,080 shares valued at $621,874 as the prices of 3 stocks rose, 7 declined and 2 traded with the price unchanged.
The Composite Index fell 0.72 points to 1,233.79, the All T&T Index declined 1.09 points to 1,811.54 and the Cross Listed Index lost 0.05 points to 87.98.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Clico Investment rose 1 cent in exchanging 4,327 units at $22.51, Readymix gained 71 cents in trading 1,400 shares to close at a 52 weeks high of $11.51 after the parent company made an offer $11 for the minority shares and Trinidad Cement closed with 5,000 shares trading at $4.21 after rising by 4 cents.
Losses| Angostura Holdings lost 1 cent and closed at $15 with 10 shares traded, First Citizens closed with a loss of 35 cents to end at $31.65 trading 3,335 shares, Guardian Holdings lost 2 cents in trading 2,365 units at $15.98, JMMB Group fell 2 cents and exchanged 5,455 shares at $1.20, National Enterprises lost 6 cents to close at $10.82 trading 2,110 shares, Republic Financial Holdings dropped $3.49 in exchanging 17 shares to end at a 52 weeks’ low of $101.99 and Trinidad & Tobago NGL dropped $1.21 to close at $21.50 with an exchange of 42,739 units valued at $918,889.Firm Trades| Massy closed at $53 with 100 units changing hands and West Indian Tobacco closed at $127.01 with trading in 1,116 units.