Republic jumps $4 on TTSE – Friday

Republic Financial Holdings jumped sharply in Friday's trading

Republic Financial Holdings jumped sharply in Friday’s trading

Trading activity on the Trinidad and Tobago stock market closed Friday with mild losses in two of the market indices even as Republic Financial Holdings gained $4. Volume traded fell below the 397,000 units changing hands on Thursday with 4 more securities changing hands, than on the previous trading day, bringing the total traded to 17 of which 4 rose, 2 fell while 11 remained unchanged.
Market activity resulted in 251,003 shares valued at $4,238,930 changing hands, well below the $22,225,458 traded on Thursday.
The Composite Index declined 0.02 points to close at 1,156.68, the All T&T Index fell 0.03 points to close at 1,818.36 and the Cross Listed Index ended unchanged at 65.90 points.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 7 stocks with bids higher than their last selling prices and 2 with offers that were lower.
Gains| Angostura Holdings ended with 6,000 shares changing hands to close at a 52 weeks’ high with a gain of 5 cents at $14.05, Republic Financial Holdings jumped $4 to close at a 52 weeks’ high of $114, with 4,076 shares changing hands at a value of $448,814. Scotiabank gained 1 cent and closed with 13,737 shares changing hands with a value of $ $794,823 to end at $57.86 and Trinidad and Tobago NGL that closed at $23.52 with 3,674 units changing hands after rising 1 cent.
Losses| National Enterprises lost 1 cent to close with 765 shares changing hands at $10.45 and West Indian Tobacco traded 2,500 shares valued at $316,875 to close $126.75 after falling 25 cents.
TTSE sum 16-9-16 Firm Trades| Agostini’s traded 21,683 shares valued at $375,131, to end at $17.30, Ansa Merchant Bank traded 100 units to close at $40.01, Clico Investment Fund closed with 75,630 shares changing hands, valued at $1,708,505, to end at $22.60, First Citizens traded 1,106 units at $35. Grace Kennedy closed with 75,000 shares changing hands at $2.52, Guardian Media ended with 805 shares changing hands at $19.75, Massy Holdings ended with 50 shares changing hands, to end at $54.80, National Commercial Bank ended with 9,960 shares changing hands to close at $2.64, Point Lisas closed with 1,420 shares trading to close at $3.51, Prestige Holdings with 6,060 units changing hands ended at $10.83 and Trinidad Cement traded 18,142 shares to close at $3.12.

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