Republic dominates trading on Thursday

Republic Financial Holdings had the largest value of trading on Thursday on the TTSE.

A moderate trading session ended on the Trinidad & Tobago Stock Exchange on Thursday, with Republic Financial Holdings as the lead trade. Overall trading volume fell below that of Wednesday, with less than 200,000 shares changing hands.
With 12 securities changing hands compared to 15 on Wednesday, the market closed with 4 stocks advancing, 5 declining and 3 holding firm. A total of 159,618 shares were traded at a value of $7,100,011 compared to Wednesday’s 435,216 shares valued at $8,658,513.
The Composite Index fell 0.35 points to 1,221.79, the All T&T Index declined 0.40 points to 1,799.13 and the Cross Listed Index lost 0.04 points to close at 86.42.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 3 with lower offers.
Gains| JMMB Group gained 1 cent to close at $1.26 with trades of 1,588 shares, Sagicor Financial added 1 cent, closing at $9.05, with an exchange of 15,810 shares, West Indian Tobacco traded 10 cents higher to close at $126.49, with only 23 shares exchanged and Trinidad & Tobago NGL closed at $22.30, gaining 5 cents with 9,956 shares changing hands.
Losses| Massy Holdings closed at $51.45, losing 4 cents trading 670 shares, National Enterprises lost 2 cents to close at $10.53 with trades of 1,355 shares, Republic Financial Holdings closed at a 52 weeks’ low of $101.85, losing 6 cents exchanging 53,684 shares valued at $5,467,983. Scotiabank closed 6 cents lower to $58 trading 163 shares and Scotia Investments was down 5 cents, closing at $2.70 with an exchange of 51,642 shares.
Firm Trades| Ansa McAL traded 10,001 shares at $66.50 valued at $665,067, Clico Investment remained at $22.51 trading 7,067 shares and First Citizens exchanged 7,659 shares at $31.90.


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