Slippage for Trinidad stocks
February 17, 2017 by
Market activity closed with 3 stocks advancing, 7 unchanged and 4 declining in an exchange of 195,248 shares valued at $3,655,973 compared to Thursday’s 371,489 shares valued at $2,456,056.
The Composite Index lost 2.06 points to end at 1,250.77, the All T&T Index declined 4.41 points to 1,829.67 and the Cross Listed Index added 0.04 points to 90.11 with year to date gains of 15.27 percent.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Clico Investment gained 1 cent to close at $22.51 trading 106,440 shares valued at $2,395,964, Trinidad Cement closed at $4.40, gaining 23 cents with 16,000 units changing hands and Trinidad & Tobago NGL climbed 25 cents to $23.25 with an exchange of 4,961 shares.
Losses| One Caribbean Media lost 4 cents to close at a new 52 weeks’ low of $19.45 with 250 units traded and Republic Financial Holdings closed at a 52 weeks’ low of $104, losing $1.99 trading a mere 100 shares.
Firm Trades| Angostura Holdings closed at $15 trading 20,948 units valued at $314,220, First Citizens remained at $32.49 with trades of 486 shares, First Caribbean International Bank traded 5,257 shares at $9.01, Massy Holdings exchanged 5,844 units at $53 valued at $309,732. National Commercial Bank was unchanged at $4 with 2,000 units changing hands, Sagicor Financial closed at $9.30 with an exchange of 31,795 units and Scotiabank closed at $58.75 with 1,167 shares changing hands.