Scotiabank drops 40 cents on TTSE

Scotiabank drops 40 cents on TTSE on Monday

Scotiabank drops 40 cents on TTSE on Monday

Moderate trading on the Trinidad Stock Exchange, ended with Scotiabank shedding 40 cents with a small volume of shares and ending with 8 securities changing hands of which 1 advanced, 2 declined and 5 traded firm with a total of 49,066 units, valued at $642,994.
At the close of the market, the Composite Index lost 0.64 points to close at 1,161.71, the All T&T Index fell by 1.29 points to close at 1,969.47 and the Cross Listed Index remained at 46.45.
Gains| The only stocks increasing in price at the close is National Flour trading 1,000 shares to close with a gain of 5 cents at new 52 weeks’ high of $2.05.
Declines| The stocks declining at the end of trading are, Ansa Merchant Bank with 150 shares trading to close down a cent at $38.94 and Scotiabank with 1,000 shares, declined 40 cents to close at $62.15.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund with 10,170 shares valued at TTSE 15-6-15$229,334 to close unchanged at $22.55, First Citizens Bank trading 4,532 shares valued at $162,290 to close at $35.81, Flavorite Foods had 27,676 units changing hands at $4.80, Massy Holdings trading 346 shares to close at $64.35 and Sagicor Financial Corporation trading 4,192 shares to close at $6.25.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator shows 4 stocks with the bid higher than their last selling prices and 1 with the offer that is lower.

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