The Trinidad & Tobago Stock Exchange market recorded more gains on Monday following increases on the previous two trading days after republic Holdings surged $5.46 to close at a new high.
The market closed with 15 securities changing hands, compared to 18 on Friday, with three gaining, five declining and the prices of seven remaining unchanged. Two stocks closed at 52 weeks’ high and one at a low.
he T&T Composite Index gained 4.72 points on Monday to 1,499.40. The All T&T Index rose 7.89 points to 1,904.96, while the Cross Listed Index inched by 0.07 points to close at 148.19.
Trading resulted in an exchange of 172,952 shares, amounting to $4,651,869 compared to 180,282 shares, amounting to $5,149,858 on Friday.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with the bids of four stocks higher than their last selling prices and one with a lower offer.
Gains| Agostini’s rose 45 cents to close at a 52 weeks’ high of $25.45 with an exchange of just 50 shares, Ansa Merchant Bank climbed $2.14 to close at $38 with an exchange of 906 stock units and Republic Financial climbed $5.46 to end at a 52 weeks high of $142, after exchanging 14,840 shares.
Losses| Clico Investment lost 3 cents to close at $28.45, with 10,692 units crossing the exchange, First Citizens Bank shed 1 cent and settled at $47, with investors exchanging 2,228 shares, Scotiabank ended trading with 3,885 units after falling 11 cents to $61.29. Trinidad & Tobago NGL lost 3 cents with 31,407 shares changing hands to close at a 52 weeks’ low of $20.78 and Unilever Caribbean fell 4 cents and ended at $22.01, with investors exchanging 100 shares.
Firm Trades| Ansa Mcal completed trading 586 units at $55.37, Grace Kennedy closed at $3.95, with investors exchanging 3,000 shares, JMMB Group closed at $2.70, with investors exchanging 43,798 stock units. Massy Holdings swapped 4,000 shares at $62, NCB Financial settled at $11.29, after trading 18,885 shares, Trinidad Cement exchanged 25,025 shares at $1.95 and West Indian Tobacco settled at $40, with 10,311 units changing hands.
Prices of securities trading are those at which the last trade took place.