Trading on the Trinidad & Tobago Stock Exchange picked up over Tuesday’s levels and closed on Wednesday with 13 securities being exchanged compared to only 7 on Tuesday.
The market traded 201,265 securities at a value of $1,870,224 compared to Tuesday’s trades of only 68,846 valued at $1,366,738. At the end of market activity, the prices of 4 stocks advanced, 3 declined and 6 remained unchanged.
The Composite Index declined 2.14 points to 1,209.39, the All T&T Index gained 0.91 points to 1,791.52 and the Cross Listed Index lost 0.71 points to close at 84.05.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 6 stocks with bids higher than last selling prices and 7 with lower offers.
Gains| Ansa McAL gained 2 cents to close at $66.02 trading 500 shares, Clico Investment closed at $22.51, gaining 1 cent with an exchange of 46,000 shares valued at $1,035,460, National Flour Mills closed at $2.29, with gains of 9 cents exchanging 3,000 shares and Trinidad & Tobago NGL traded 30 cents higher, closing at $21.80 with 7,842 units changing hands.
Losses| NCB Financial Group traded 6 cents lower to close at $4, with an exchange of 102,626 shares valued at $410,925, Sagicor Financial closed at $8.50, losing 39 cents trading 1,308 shares and Trinidad Cement exchanged 33,864 units at $4.14, with a loss of 1 cent.
Firm Trades| First Caribbean International closed at $7.70 with 474 shares changing hands, JMMB Group remained at $1.26, with trades of 1,663 units, National Enterprises exchanged 215 units at $10.49, One Caribbean Media traded 3,088 shares at $15.01, Prestige Holdings closed at $10.75, with an exchange of 485 units and Readymix closed at $11 trading 200 shares.
Trading picks up on TTSE – Wednesday
Proven shareholders sending message
Investors in Proven Investments US ordinary shares a strong message to the management of the group by talking with their money. Last week, the company’s shares were sold at $20 and less in the Jamaican dollars on the main market of the stock exchange when the price in the US dollar market was near J$31.
On Tuesday 550,000 shares were sold at J$24 in the JSE main market while 1.83 million units traded, with the stock closing at 23 US cents, 1 US cent less than the price of the right issue. The price has suffered a steep fall since the company released the full year results to March and got worse since the announcement of the rights.
Trading in the main market of the Jamaica Stock Exchange closed on Tuesday with the market indices rising, even as advancing stocks were fewer than declining stocks. At the close, the All Jamaica Composite Index advanced 898.62 points to close at 259,352.76, the JSE Market Index gained 818.75 points to 236,299.73 but the JSE US dollar market index lost 5.93 points to close at 181.40.
At the close of trading, 24 securities changed hands in the main market of the exchange with 1 trading in the US dollar market, leading to 9 stocks advancing and 12 declining. Trading in the main market ended with 2,115,285 units valued at $50,230,238 changing hands compared to 1,709,564 units valued at $44,534,888 at the close on Monday. Trading in the US dollar market accounted for 1,828,601 units valued at US$421,790.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 4 stocks with bids higher than their last selling prices and 1 with a lower offer.
The main market ended trading with an average of 88,137 units valued at $2,092,927 for every security traded compared to an average of 74,329 units valued at $1,781,396 on Monday. The average volume and value for the month to date ended at 243,952 units with an average value of $4,245,530 compared with an average of 252,609 units with an average value of $4,365,119 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Berger Paints closed at $13, losing $1.30 trading 7,842 shares, Cable and Wireless closed at $1.13, with 23,303 stock units changing owners, Caribbean Cement traded $3 higher to close at $28 exchanging 26,007 shares, Carreras lost 30 cents to close at $86.50, with trades of 916 units, Grace Kennedy closed at $42, gaining $1 with an exchange of 11,922 units, Jamaica Broilers closed at $18, with gains of 9 cents trading 120,579 shares, Jamaica Producers exchanged 17,174 units to close at $16. Jamaica Stock Exchange lost 1 cent, closing at $6.99 trading 115,220 shares, JMMB Group gained $1.47 to close at $18.50, with 301,494 units changing owners and Kingston Wharves lost $1.10 to close at $28.90 trading 8,540 shares. Mayberry Investments closed at $4.55, losing 45 cents with trades of 5,600 shares, NCB Financial Group closed at $70, with gains of $1.40 after exchanging 93,364 shares and PanJam Investment gained 79 cents to close at $34.89, with trades of 26,073 shares. Proven Investments traded $3 higher to close at $24 exchanging 550,000 shares, 
Pulse Investments closed at $17.99, losing 1 cent with an exchange of 500 shares, Sagicor Group closed at $34.53, gaining 43 cents trading 48,115 shares and Sagicor Real Estate fund lost 60 cents to close at $11, with 146,392 shares changing hands. Scotia Group closed at $45.50, with gains of $2.99 exchanging 324,221 shares, Scotia Investments closed at $36.58, with a loss of 42 cents trading 194 units, Seprod traded $2 lower to close at $28, with an exchange of 6,700 shares while Supreme Ventures closed at $7.65, gaining 24 cents with 86,000 shares changing owners. Proven Investments US ordinary shares closed at 23 US cents, losing 0.01 US cent with trades of 1,828,601 units, JMMB 7.5% preference share lost 5 cents to close at $1.85 exchanging 75,500 shares, JMMB Group 7.5% preference share closed at $1.13 trading 329 units and Proven Investments 8.25% preference share traded 119,300 units at $5.17.
No spike in TTSE trading after holiday
All three market indices closed higher at the end of trading, on the Trinidad & Tobago Stock Exchange on Tuesday, after trading resumed following the closure on Monday for a public holiday. The market closed with only 7 securities being exchanged compared to 8 on Friday.
At the end of trading 68,846 securities traded valued at $1,366,738 in contrast to Friday’s trades of 507,698 units, valued at $10,611,513. Market activity led to 3 stocks advancing, 2 declining and 2 were unchanged. Clico Investment dominated with 86 percent of the market’s value.
The Composite Index gained 0.47 points to 1,211.53, the All T&T Index rose 0.55 points to 1,790.61 and the Cross Listed Index gained 0.05 points to close at 84.76.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Ansa McAL gained 1 cent to close at $66.01 exchanging 100 shares, NCB Financial Group closed at a 52 weeks’ high of $4.06, gaining 5 cents in trading 5,000 shares and Trinidad & Tobago NGL traded 25 cents higher, closing at $21.50 with 6,575 units changing hands.
Losses| Clico Investment closed at $22.50, losing 1 cent with an exchange of 52,500 shares valued at $1,181,252 and Scotia Investments traded 32 cents lower to close at $2.13, with 2,300 units changing hands, with the price coming closer to the price of J$38 approximately TT$2 being offered by Scotia Group.
Firm Trades| First Citizens exchanged 311 shares at $31.65 and JMMB Group closed at $1.26, with 2,060 units trading.
JSE main market ends down on Monday
Trading in the main market of the Jamaica Stock Exchange closed on Monday with a number of stocks declining out pacing those rising. The volume and value of stocks trading declined compared to that on Friday and the market indices trended lower.
The All Jamaica Composite Index declined 165.52 points to close at 258,454.14, the JSE Market Index fell 150.81 points to 235,480.98 and the JSE US dollar market index gained 3.32 points to close at 187.33.
At the close of trading, 23 securities changed hands in the main market, plus one bond and 1 stock in the US dollar market traded leading to 7 stocks advancing and 12 declining. Trading in the main market ended with 1,709,564 units valued at $44,534,888 changing hands compared to 2,161,083 units valued at $46,263,769 at the close on Friday. Trading in the US dollar market accounted for 203,960 units valued at US$48,949 and the bond market had 425,000 units trading at $42,500,000.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 6 stocks with bids higher than their last selling prices and 4 with lower offers.
The main market ended trading with an average of 74,329 units valued at a mere $1,781,396 for every security traded compared to an average of 77,182 units valued at a mere $5,040,005 on Monday. The average volume and value for the month to date ended at 252,609 units with an average value of $4,365,119 compared with an average of 263,096 units with an average value of $4,517,103 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Berger Paints recovered $2.25 of last weeks’ losses to close at $14.30, while trading 27,337 shares, Cable and Wireless added 1 cent to close at $1.13, with 42,747 stock units changing owners, Caribbean Cement closed at $25, with a loss of $1 exchanging 144,428 shares, Carreras traded $1.80 higher to close at $86.80, with an exchange of 5,259 units, Grace Kennedy closed at $41, losing 50 cents with trades of 243,861 units, Jamaica Broilers closed at $17.51, with a loss of 49 cents trading 375,624 shares, Jamaica Producers exchanged 50,500 units to close at $16. Jamaica Stock Exchange closed at $7 trading 31,599 shares, JMMB Group lost 3 cents to close at $19.97, with 19,674 units trading, 
Kingston Properties closed at $9.95 losing 5 cents exchanging 2,000 shares, Kingston Wharves jumped $4 higher to close at $30 trading 3,402 shares. Mayberry Investments closed at $5, losing 19 cents with 2,000 shares traded, NCB Financial Group closed at $70, with a loss of $1.50 after exchanging 34,098 shares and falling to $68 in early morning trading. 1834 Investments closed at $1.45, losing 5 cents with 33,000 units changing hands, 138 Student Living exchanged 10,600 units at $4.50, PanJam Investment gained 10 cents to close at $34.10, with trades of 6,287 shares. Proven Investments traded $2 higher to close at record high of J$21, in exchanging 48,000 shares in the main market, Pulse Investments closed at $18, with an exchange of 4,048 shares, Radio Jamaica traded 185,000 shares at $1.50, Sagicor Group closed at $34.10, losing 9 cents trading 93,100 shares. Scotia Group dropped $2.19 to close at $42.51, exchanging 336,471 shares while Supreme Ventures closed at $7.41, losing 9 cents with 6,058 shares changing owners. Proven Investments US ordinary shares closed at 24 US cents, with trades of 203,960 units, JMMB Group 7.5% preference share closed at $1.13, gaining 1 cent with an exchange of 4,471 units and Jamaica Producers traded 425,000 units of corporate bond at $100 each.
Palace leaps $108 on Friday
Palace Amusement hit a record of $498 on Friday.
Cinema owners and movie promoters, Palace Amusement Company’s share price jumped $108 or just under 27 percent to close at an all-time high of $498 with just 888 shares trading on Friday. The movement in the price of the stock contributed in the market indices rising close to 1,000 points.
The stock traded with a gain of $50 to close at $390 on Tuesday in trading 200 shares. Trading in the main market of the Jamaica Stock Exchange closed on Friday with a number of stocks rising being outnumbered by those declining. The volume and value of stocks traded declined compared to the prior day. At the close of the market, the All Jamaica Composite Index gained 982.15 points to close at 258,619.66, the JSE Market Index rose 894.85 points to 235,631.79 and the JSE US dollar market index fell 3.32 points to close at 184.01.
Trading ended with 28 securities changing hands in the main market with 1 trading in the US dollar market, leading to 9 stocks advancing and 12 declining. Trading ended with 2,161,083 units valued at $46,263,769 changing hands in the main market, compared to 39,788,577 units valued at $130,153,064 at the close on Thursday. Trading in the US dollar market accounted for 489,884 units valued at US$115,026.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 4 stocks with bids higher than their last selling prices and 2 with lower offers.The main market ended trading with an average of 77,182 units valued at a mere $5,040,005 for every security traded compared to an average of 1,473,651 units valued at a mere $4,820,484 on Thursday. The average volume and value for the month to date ended at 263,096 units with an average value of $4,517,103 compared with an average of 274,715 units with an average value of $4,484,422 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Barita Investments traded 1,372 shares at $7, Berger Paints lost $2.95 to end at $12.05, with an exchange of 5,077 shares, Cable and Wireless gained 2 cents to close at $1.12, with 241,397 stock units changing owners, Caribbean Cement closed at $26 trading 227,723 shares, Carreras traded $3 higher to close at $85 in exchanging 48,412 units, Grace Kennedy closed at $41.50, losing 50 cents with 2,487 units changing hands, Jamaica Broilers closed at $18, with gains of 50 cents in trading 14,948 shares, J
amaica Producers traded $1 higher to $16, with 18,695 units being exchanged. Jamaica Stock Exchange closed at $7 trading 20,747 shares, JMMB Group closed at $20, with 1,803 units changing hands, Kingston Wharves traded 98 cents higher to $26, with an exchange of 29,851 shares. NCB Financial Group closed at $71.50, gaining 50 cents after exchanging 21,399 shares, 1834 Investments closed at $1.50, losing 2 cents with 68,095 units changing hands, PanJam Investment lost 50 cents to close at $34, as 21,843 shares were traded. Portland JSX lost 95 cents to close at $9, with just 500 units changing hands, Proven Investments traded 51 cents lower to close at 52 weeks’ low of $19 exchanging 800,415 shares, more than $11 less than the stock traded at in the US dollar market, Pulse Investments closed at $18, with an exchange of 7,389 shares, Radio Jamaica lost 15 cents, closing at $1.50 with 44,371 shares switching owners, Sagicor Group closed at $34.19, losing 32 cents trading 6,890 shares, Sagicor Real Estate fund added 10 cents to close at $11.60, with 1,663 units trading, Scotia Group closed at $44.70, with gains of 70 cents exchanging 315,901 shares while Supreme Ventures closed at $7.50, losing 29 cents with 170,957 shares changing hands. Proven Investments US dollar listed ordinary share, exchanged 489,884 ordinary shares at 24 US cents, Proven Investments 8.25% preference share lost 3 cents, closing at $5.17, with 29,600 units traded, Jamaica Money Market Brokers 7.5% preference share closed at $1.90, with 44,650 units changing hands, JMMB Group 7.5% preference share closed at $1.12, with an exchange of 10,000 units and JMMB Group 7.25% preference share lost 1 cent to close at $1.49 with trades of 1,010 units.
3 stocks dominate TTSE trading on Friday
Witco was one of the 3 stocks that had dominant trades on Friday
Market activity on the Trinidad & Tobago Stock Exchange on Friday resulted in only 8 securities being exchanged compared to 11 on Thursday. The volume traded swung upward to 507,698 with a value of $10,611,513 in contrast to Thursday’s trades of 78,795 valued at $1,350,632.
At the close, 1 stock advanced, 2 declined and 5 were unchanged. Clico Investment was the dominant trade with close to 50 percent of the volume traded and 53 percent of the market’s value, followed by Guardian Holdings and West Indian Tobacco each with just over 20 percent of the value.
The Composite Index lost 0.30 points to 1,211.06, the All T&T Index was down 0.60 points to 1,790.06 and the Cross Listed Index closed unperturbed at 84.71.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 8 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Clico Investment gained 1 cent to close at $22.51 while trading 247,575 shares valued at $5,572,669.
Losses| Massy Holdings closed at a 52 weeks’ low of $50, losing 10 cents in exchanging 6,130 shares valued at $306,916 and West Indian Tobacco traded 35 cents lower to close at a 52 weeks’ low of $126, with 17,000 units changing hands at a value of $2,142,000.
Firm Trades| Grace Kennedy exchanged 64,890 shares at $2.70, Guardian Holdings held firm at $16.20 trading 147,000 shares valued at $2,381,400, JMMB Group closed at $1.26, with trades of 25,000 units. One Caribbean Media traded 100 units at $15.01 and Republic Financial Holdings exchanged a mere 3 units at $101.90.
RJR the dominant trade on Thursday
RJR traded more than 37 m shares on Thursday.
Trading in the main market of the Jamaica Stock Exchange closed on Thursday with a jump in the volume traded. Radio Jamaica with 37 million units and Sagicor Group with 1 million units were the only securities to contribute meaningful volumes. The weak demand elsewhere resulted in the market indices falling sharply.
At the close, the All Jamaica Composite Index declined 1,802.76 points to close at 257,637.51, the JSE Market Index fell 1,642.52 points to 234,736.94 and the JSE US dollar market index lost 0.77 points to close at 187.33.
At the close of trading, 27 securities changed hands with 1 trading in the US dollar market, leading to 11 stocks advancing and 11 declining. Trading in the main market ended with 39,788,577 units valued at $130,153,064 changing hands compared to 2,290,612 units valued at $72,785,626 at the close on Wednesday. Trading in the US dollar market accounted for 226,255 units valued at US$54,301.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 4 stocks with bids higher than their last selling prices and 2 with lower offers.
The main market ended trading with an average of 1,473,651 units valued at $4,820,484 for each security traded compared to an average of 88,100 units valued at $2,799,447 on Monday. The average volume and value for the month to date ended at 97,758 units with an average value of $2,120,059 compared with an average of 194,786 units with an average value of $4,462,018 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Berger Paints lost $1 and closed at $15, with an exchange of 78,383 shares, Cable and Wireless lost 5 cents to close at $1.10, with 7,673 stock units changing owners, Caribbean Cement fell $1.50 to $26 trading 58,492 shares, Carreras traded $4.70 lower to close at $82 exchanging 1,952 units, Grace Kennedy closed at $42, gaining 70 cents with 4,500 units changing hands, Jamaica Broilers closed at $17.50, with a loss of 40 cents trading 8,297 shares, Jamaica Producers traded $1 lower to $15, with 7,272 units exchanged. Jamaica Stock Exchange added 5 cents, closing at $7 trading 2,137 shares, JMMB Group closed at $20, with 24,728 units changing ownership, Kingston Properties lost 25 cents, closing at $10 with trades of 9,443 units, Kingston Wharves dropped $4.48 to close at $25.02, with an exchange of 2,323 shares. 
Mayberry Investments closed at $5.19, with a loss of 1 cent trading just 100 shares, NCB Financial Group closed at $71, losing 50 cents after exchanging 12,063 shares, 1834 Investments closed at $1.52, gaining 2 cents with 146,021 units changing hands, 138 Student Living traded 52,600 units at $4.50, Palace Amusement closed at $390 exchanging 197 units, PanJam Investment gained 50 cents to close at $34.50, with trades of 19,773 shares. Proven Investments traded 10,395 shares at $19.51, well below the approximate $30 the same share traded at in the US dollar market. Pulse Investments added 50 cents to close at $18, with an exchange of 7,500 shares, Radio Jamaica gained 5 cents, closing at $1.65 with 37,357,068 shares trading, Sagicor Group closed at $34.51, gaining 1 cent trading 1,800,807 shares, Sagicor Real Estate Fund gained 35 cents to close at $11.50, with trades of 13,246 shares. Scotia Group closed at $44, with gains of $1.47 exchanging 250 shares while Supreme Ventures added 34 cents, closing at a 52 weeks’ high of $7.79, with 10,230 shares changing owners. Proven Investments exchanged 226,255 ordinary shares at 24 US cents, Proven 8.25% preference share lost 20 cents, closing at $5.20, with 136,900 units traded and Jamaica Money Market Brokers 7.5% preference share gained 10 cents to close at $2, with 8,966 units changing hands.
TTSE rise with more dip than rise
Trading levels on the Trinidad & Tobago Stock Exchange on Thursday fell sharply despite 11 securities changing hands compared to 10 on Wednesday as just 78,795 shares traded at a value of $1,350,632 compared to Wednesday with 195,938 valued at $9,062,326.
At the close, 2 stocks advanced, 4 declined and 5 were unchanged as the two main indices rose. The Composite Index gained 0.82 points to 1,211.36, the All T&T Index advanced 1.63 points to 1,790.66 and the Cross Listed Index closed unchanged at 84.71.
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| Agostini’s traded $1.49 higher to close at a 52 weeks’ high of $20, with an exchange of just 100 shares and NCB Financial Group gained 1 cent, closing at $4.01, with 50,000 units trading
Losses| Clico Investment lost 1 cent to close at $22.50 exchanging 1,800 shares,
Guardian Holdings closed at $16.20, losing 5 cents with 10,000 shares changing hands, Trinidad & Tobago NGL closed at $21.25, with a loss of 8 cents trading 4,350 units and Unilever Caribbean traded 60 cents lower to close at $52, with an exchange of 5,000 units.
Firm Trades| Angostura Holdings exchanged 2,000 shares at $15.01, First Citizens remained at $31.65, with 435 shares traded and JMMB Group closed at $1.26, with 40 shares trading. Republic Financial Holdings held firm at $101.90, with 3,734 shares changing owners at a value of $380,495 and West Indian Tobacco closed at $126.35 exchanging 1,336 units.
JSE gains more than 1000 points Wednesday
Palace jumped $50 to $390 on Wednesday.
Trading in the main market of the Jamaica Stock Exchange closed on Wednesday with a number of stocks rising even as trading values declined when compared to the prior day and the market indices trended lower. The All Jamaica Composite Index gained 1,244.46 points to close at 259,440.27, the JSE Market Index rose 1,133.84 points to 236,379.46 and the JSE US dollar market index lost 12.35 points to close at 188.10.
At the close of trading, 26 securities changed hands in the main market and 2 traded in the US dollar market, leading to 14 stocks advancing and 6 declining. Trading in the main market ended with 2,290,612 units valued at $72,785,626 changing hands compared to 3,513,896 units valued at $221,929,673 at the close on Tuesday. Trading in the US dollar market accounted for 197,172 units valued at US$48,999.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 3 stocks with bids higher than their last selling prices and 3 with lower offers.
The main market ended trading with an average of 88,100 units valued at a mere $2,799,447 for every security traded compared to an average of 140,556 units valued at $8,877,187 on Tuesday. The average volume and value for the month to date ended at 194,786 units with an average value of $4,462,018 compared with an average of 202,407 units with an average value of $4,580,773 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Barita Investments traded 300 shares at $7, Berger Paints closed at $16, with a loss of $1.50 exchanging 16,449 shares, Cable and Wireless closed at $1.15, with 154,414 stock units trading, Caribbean Cement gained 60 cents to close at $27.50 trading 36,750 shares, Carreras closed at $86.70, with an exchange of 16,052 units, Grace Kennedy gained 30 cents and closed at $41.30, with 86,113 units changing hands, Jamaica Broilers closed at $17.90, with a loss of 10 cents trading 136,061 shares, Jamaica Producers traded 15 cents higher to close at $16, with an exchange of 6,000 units. Jamaica Stock Exchange gained 5 cents, closing at $6.95 trading 21,204 shares, JMMB Group closed at $20, after gaining 50 cents with 69,565 units changing owners, Kingston Properties closed at $10.25 with 384 units trading, Kingston Wharves traded $1.72 higher to close at $29.50, with an exchange of 1,798 shares. Mayberry Investments closed at $5.20, with gains of 70 cents trading 10,000 shares, 
NCB Financial Group closed at $71.50, losing 50 cents after exchanging 167,790 shares, 1834 Investments closed at $1.50, with 35,444 units changing hands, 138 Student Living gained 2 cents to close at $4.50, with 10,000 units, Palace Amusement jumped $50 and closed at a new all-time high of $390, trading 200 units, PanJam Investment exchanged 58,141 shares to gain 1 cent and end at $34. Pulse Investments traded 50 cents higher to close at $17.50, with an exchange of 4,756 shares, Radio Jamaica exchanged 85,169 shares at $1.60,Sagicor Group closed at $34.50, gaining 30 cents, trading 717,539 shares. Scotia Group closed at $42.53, after losing $1.02 in exchanging 510,077 shares, Scotia Investments closed at $37 with 22,356 units changing hands while Supreme Ventures gained 45 cents and closed at $7.45, with 111,000 shares trading. Proven Investments closed at 24 US cents, with a loss of 0.02 US cents, trading 183,292 ordinary shares, Margaritaville Turks lost 0.01 US cent to close at 34 US cents exchanging 13,900 units, JMMB 7.5% preference share lost 10 cents to close at $1.90, with 7,850 units changing hands and Proven 8.25% preference share gained 20 cents, closing at $5.40, with 5,200 units traded.
Republic takes 68% of trading
Republic Financial Holdings took the largest value of trading on Wednesday on the TTSE.
The Trinidad & Tobago Stock Exchange resumed trading on Wednesday after being closed on Monday and Tuesday with trading values rising above Friday’s levels. Trading closed with Republic Financial Holdings as the dominant trade with just over 68 percent of the total value traded.
The market closed with of 10 securities changing hands compared to 13 on Friday with 2 stocks advancing, 5 declining and 3 holding firm as 195,938 shares traded at a value of $9,062,326 compared to Friday’s trades of 143,801 valued at $2,818,683.
The Composite Index declined 0.91 points to 1,210.54, the All T&T Index dropped 0.72 points to 1,789.03 and the Cross Listed Index lost 0.15 points to 84.71.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| JMMB Group closed at $1.26, gaining 3 cents with 10,000 shares changing hands and Trinidad & Tobago NGL traded 22 cents higher to close at $21.33, with an exchange of 13,946 units valued at $295,915. Losses| Grace Kennedy closed $2.70, with a loss of 10 cents exchanging 5,198 shares, Massy Holdings traded 40 cents lower, closing at a 52 weeks’ low of $50.10, with 37,320 shares changing hands valued at $1,868,488 and 
Prestige Holdings closed at a 52 weeks’ low of $10.75, losing 6 cents in trading 45,247 units valued at $486,406. Scotia Investments lost 3 cents, in closing at $2.45 with trades of 20,910 shares and West Indian Tobacco closed at $126.35, with a loss of 3 cents exchanging 750 units.
Firm Trades| Clico Investment exchanged 1,424 shares at $22.51, First Citizens held firm at $31.65, with 342 shares trading and Republic Financial Holdings remained at $101.90, with 60,801 shares changing owners at a value of $6,195,622.