T&TNGL climbed 40 cents on TTSE on Tuesday.
The Composite Index gained 1.18 points to close at 1,109.08, the All T&T Index advanced by 2.35 points to close at 1,761.36 and the Cross Listed Index remained at 60.73.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 6 stocks with bids higher than their last selling prices and 7 with offers that were lower. The indicator has been showing improving market sentiments recently but it may not mean the end of declining stocks.
Gains| Clico Investment Fund traded 3,125 shares to close 5 cent up at $22.65, Massy Holdings gained 2 cents in trading 1,292 shares at $48, Trinidad and Tobago NGL rose 40 cents in trading 14,195 units at $20.50 and
Trinidad Cement gained 1 cents to close at $3.51 with 300 shares changing hands.Losses| National Enterprises declined by 2 cents with 100 units trading at $11.20 to be the sole stock to fall in price.
Firm Trades| Ansa Merchant Bank traded 300 shares at $39.50, First Citizens Bank close at $30 as 1,746 units changed hands, Guardian Holdings had 9,035 shares changing hands to end at $13, Praetorian Property Mutual Fund traded 54,000 units at $2.70 and Sagicor Financial closed with 650 units changing hands at $7.17
Firm Trades| Guardian Holdings closed with 140,400 shares changing hands for a value of $1,826,604 to end at $13.01. JMMB Group closed at 65 cents, with 5,358 shares changing hands, National Commercial Bank traded 19,172 shares at $2.35, National Flour closed at $2.20 with 500 shares changing hands, Trinidad and Tobago NGL traded 22,590 units valued at $451,869 to close at $20 and Trinidad Cement contributed 50,000 shares with a value of $175,030 to close at $3.50.
Prices mostly slipped in trading on Tuesday as more securities were active in trading than on Monday. The market closed with 14 active securities changing hands and ended with 1 stock rising, 4 declining while 9 remaining unchanged, as 405,952 shares valued at $3,302,930 changed hands. The market ended with 2 stocks closing at 52 weeks’ lows.
Firm Trades| Clico Investment Fund traded 18,217 shares valued at $411,755 to close at $22.60, Firstcaribbean International Bank closed at $6.51 with 475 shares traded, JMMB Group closed at 65 cents, with 64,427 shares changing hands, National Commercial Bank traded 80,828 shares to end at $2.35. National flour closed at $2.20 as 10,357 shares changed hands, Sagicor Financial closed with 8,760 units changing hands at $7.15, Praetorian Property Mutual Fund traded 50,000 units at $2.70, Trinidad and Tobago NGL traded 20,222 units valued at $404,440 to close at $20 and West Indian Tobacco traded 445 shares to close at $126.36.
Losses| Clico Investment Fund traded 63,571 shares valued at $1,436,883 to close 5 cents down at $22.60 and Prestige Holdings fell 13 cents and closed with 8,656 shares changing hands, to end at $11.27.
Scotiabank with 22,479 shares changing hands ended with a fall of 3 cents to close at a 52 weeks’ low of $54.93.
Losses| Massy Holdings closed at 52 weeks’ low of $49.97 after losing 1 cent, to close with 2,760 shares changing hands and Sagicor Financial Corporation closed with 11,280 shares changing hands, to end with a fall of 1 cent at $7.05.
Scotiabank had 40 shares trading at $54.96 after falling 1 cent for a 52 weeks’ low and Trinidad and Tobago NGL fell 1 cent in closing at $19.60 with 7,686 shares trading.
The Trinidad & Tobago Stock Exchange recorded mild losses on Tuesday with 112,354 shares valued at $1,496,835 changing hands. The market closed with only 8 securities traded as weakness continue in prices of stocks. At the close 1 stock rose, 4 declined, while 3 remained unchanged. One stock closed at 52 weeks’ low at the end of trading.
Sagicor Financial Corporation lost 1 cent to close at $7.25 with 11,883 shares changing hands, Trinidad and Tobago NGL fell $1 and closed at $20, with 53,585 shares traded for $1,073,301 and Trinidad Cement lost 4 cents in closing at $3.45 as 3,289 shares changed hands.
Praetorian Property Mutual Fund contributed 2,200 shares to end with a loss of 30 cents at a 52 weeks’ low of $2.70 and Trinidad and Tobago NGL lost 2 cents and closed at $21.01 with 107,538 shares traded for $2,258,416.