The Trinidad & Tobago Stock Exchange continues to move higher in the two trading days in 2020 after closing 2019 with the first year of gains after five years of losses. Indicators are pointing to another year of growth for the market.
Trading ended, with three stocks rising, three declining while ten closed with prices unchanged, leading the Composite Index gaining 1.36 points to close at 1,472.05. The All T&T Index rose 2.71 points to 1,871.82, while the Cross Listed Index remained unchanged at 145.26 points.
Trading ended with just 16 securities changing hands as 368,007 shares traded at $5,109,209 compared to 187,409 units for $2,716,885 from 13 securities changing hands on Thursday. The market closed with three stocks hitting 52 weeks’ highs.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with the bids of three stocks higher than their last selling prices and three with lower offers.
Gains| First Citizens Bank gained 50 cents trading 1,948 shares at a 52 weeks’ high of $45, Massy Holdings rose 51 cents to end at a 52 weeks’ high of $61.51, with 63,103 units changing hands and MPC Caribbean Energy rose by 8 cents and completed trading at a record high of $1.08, after exchanging 1,000 shares.
Losses| Clico Investment Fund closed with a loss of 25 cents and settled at $28.25, with 6,605 stock units changing hands, Trinidad & Tobago NGL lost 25 cents to close trading 2,096 shares at $243.75 and L.J Williams shed 14 cents to end at $1.55, with investors exchanging 50,000 stock units.
Firm Trades| Angostura Holdings concluded trading with 4,555 units at $16.20, First Caribbean International Bank ended at $8, with 12,700 stock units trading. Guardian Holdings closed at $22, with 415 stock units changing hands, National Enterprises 12,603 units at $5.76, National Flour ended at $1.35, in swapping of 200,417 shares. NCB Financial completed trading of 949 stock units at $10.86, investors exchanging 3,800 shares of Point Lisas at $3.55, Scotiabank closed activities at $61, with 3,500 units crossing the exchange. West Indian Tobacco settled at $41.24, with 1,153 stock units changing hands and Trinidad Cement ended at $2, with investors exchanging 3,163 shares.
Prices of securities trading are those at which the last trade took place.
Financial fell 9 cents to close at $131.01, with investors exchanging 640 shares and West Indian Tobacco lost just 1 cent to finish at $41.24, with ten units changing hands.
Trinidad & Tobago NGL gained 75 cents in trading 18,298 shares at $24 and West Indian Tobacco added 25 cents and concluded at $41.25, with investors exchanging 1,633 shares.
The All Trinidad & Tobago Stock Exchange index closed up on Friday, as rising stocks outnumbered declining ones after the market resumed trading after the Christmas holidays break.
Losses| Ansa McAl closed with a loss of 19 cents at $55, with 5,000 units, CinemaOne closed 30 cents lower at a new low of $6.50, with 3,353 stock units changing hands and Guardian Holdings declined 50 cents trading 951 shares at $21.50.
NCB Financial fell 5 cents and closed at $10.85, with 72,345 units changing hands and Republic Financial ended trading 5 cents lower at $131, after swapping 3,686 shares.
Losses| Massy Holdings fell 5 cents and closed at $59.70, with just 15 units crossing the exchange, National Flour closed with a loss of 5 cents at a 52 weeks’ low of $1.30, with investors exchanging 16,660 shares. NCB Financial dropped 45 cents and settled at $10.90, with 124,465 stock units changing hands and Scotiabank closed with a loss of 10 cents at $59.90, after swapping of 49 shares.
NCB Financial dropped 15 cents and settled at $11.35 after 43,993 stock units changed hands. West Indian Tobacco closed with a loss of 50 cents and ended at $42, with 1,778 units and Unilever Caribbean closed 40 cents down at $23, in trading 1,000 units.
Declining stocks crushed advancers at the close of trading on the Trinidad & Tobago Stock Exchange, on Wednesday, ending seven days of unbroken positive movement for the market and ending with one stock trading at 52 weeks’ high and one a 52 weeks’ low. 
Massy Holdings closed 40 cents down and ended at $59.30, after exchanging 39 shares, One Caribbean Media shed 50 cents and concluded trading of 31,575 units at a 52 weeks’ low of $8.50. Scotiabank dropped 15 cents to close at $59.85, with 39 stock units trading and Unilever Caribbean declined by 9 cents and completed trading of 500 units at $23.40.
