The majority of price movements of the Trinidad & Tobago Stock Exchange was positive but that was not sufficient to prevent a decline in two of the main market indices.
The market closed on Friday with 12 securities changing hands, three more than on Thursday. At the close the prices of 4 stocks rose, while the price of 1 declined and 7 traded with prices unchanged. A total of 337,732 shares traded, valued at $7,805,755.
At the close, the Composite Index declined by 0.04 points to 1,141.54, the All T&T Index lost 1.66 points to 1,945.30 and the Cross Listed Index gained 0.21 points to 44.30.
Gains| Clico Investment Fund traded 243,571 shares, valued at $5,484,092 and closed with a gain of a cent at $22.51, Point Lisas traded 9,230 shares and gained 1 cent to end at $4.07. Sagicor Financial Corporation closed with 30,421 shares changing hands, 25 cents higher at $6 and Unilever Caribbean ended with 4,580 shares trading 6 cents up, for a new 52 weeks’ high of $67.11.
Losses| First Citizens Bank had 11,455 shares valued at $396,987 changing hands to end with a 51 cents down at a new 52 weeks’ low of $34.50.
Firm Trades| Ansa Merchant Bank traded 3,112 units to end at $38.94, Grace Kennedy closed with 21,665 shares changing hands at $3.50, Massy Holdings had 1,958 shares trading at $62.50. National Flour Mills with 5,000 shares changing hands, ended at $2.09, One Caribbean Media traded 3,367 shares with the price remaining at $22, Republic Bank closed at $113, with 9,515 shares changing hands valued at $1,075,195 and Trinidad Cement ended at $2.75 with 13,879 shares changing hands.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than their last selling prices and 4 stocks with offers that were lower.