
First Caribbean traded on TTSE at a 52 weeks’ high on Friday
Trading activity closed with 98,234 shares valued at $2,410,845 changing hands, compared to 258,550 shares valued at $1,392,416 on Thursday as 1 stock closed at a 52 weeks’ high.
The market closed with the the Composite Index rising 1.92 points to close at 1,173.25. The All T&T Index rose 0.59 points to 1,804.59, down 7.39 percent for 2016 and the Cross Listed Index gained 0.44 points to 72.33 points and is up 46.09 percent year to date.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 8 stocks with bids higher than their last selling prices and 6 with lower offers.
Gains| Clico Investment Fund closed with 89,621 shares valued at $2,025,397 changing hands to end at $22.60, for a 1 cent gain.
Firstcaribbean International Bank ended trading 1,232 shares with a rise of 10 cents to close at a 52 weeks’ high of $8.10 and National Enterprises gained 5 cents, in closing at $10.40 with 2,318 shares changing hands.Losses| National Flour Mills ended trading with 1,489 shares after slipping 1 cent to close at $2.64 and Unilever lost 3 cents to close at $59.87 with just 20 units changing hands.
Firm Trades| Scotiabank closed with 434 shares changing hands at $58.75, and Trinidad and Tobago NGL fell closed at $23 with 726 units changing hands and West Indian Tobacco traded 2,394 shares changing hands for a value of $304,038 to close $127.
Trading on the Trinidad and Tobago Exchange ended on Thursday with 10 securities changing hands, down from 14 that traded on Wednesday with 2 rising while 4 declined and 4 remained unchanged.
Losses| Clico Investment Fund closed with 15,250 shares changing hands to end at $22.59, for a 1 cent fall, Grace Kennedy contributed 109,000 shares to close at $2.55 after falling 5 cents. Prestige Holdings had 26,560 shares changing hands but lost 10 cents and closed at $11 and Trinidad and Tobago NGL fell 11 cents, to close at $23 with 3,749 units changing hands.
Losses| Grace Kennedy contributed 111,498 shares to close at $2.60 after falling 4 cents, Massy Holdings ended with 22 shares changing hands at $51.42 after losing 1 cent, Republic Financial Holdings dropped $1 and ended with 41 shares changing hands at $109. Trinidad and Tobago NGL closed at $23 with 2,000 units trading, after falling 54 cents and Trinidad Cement lost 3 cents in trading 2,010 units at $3.95.
Sagicor Financial traded 855 units and lost 20 cents to close at $7, Trinidad and Tobago NGL closed at $23.54 with 20,444 units with a value of $481,187 trading, after falling 1 cent and Trinidad Cement lost 2 cents in trading 7,898 units at $3.98.
First Citizens Bank was the largest mover on Trinidad and Tobago Exchange when trading ended on Friday, with the price that dropped $3.93 on Thursday, recovering 50 cents with 200 units trading to end at $31.50. Elsewhere trading ended with 9 securities changing hands, down from 11 on Thursday.
Losses| Guardian Holdings lost 1 cent in trading 1,447 shares, the price closed at $12.60, National Commercial Bank ended with 290 shares changing hands with the price closing with a loss of 2 cents at $2.58 and Trinidad and Tobago NGL lost 3 cents in trading 16,200 shares with a value of $381,495 changing hands at $23.55.
One Caribbean Media lost 40 cents in trading 2,010 shares at a 52 weeks’ low of $20 and Unilever Caribbean fell 9 cents with 2,000 shares trading at $59.90.
Republic Financial Holdings ended with 1,510 shares trading, with a rise of 1 cent to end at $110.99.
and Trinidad Cement jumped 30 cents up by 8.6 percent to close at $3.80 while trading 28,503 units.
Trinidad and Tobago stock market ended Thursday with 13 securities trading of which 1 gained, 3 declined and 9 remained unchanged. Trading ended with increased volume and value as Clico Investment Fund dominated trading in dollar terms with the fund accounting for $6 million of the total amount traded.
Firm Trades| Angostura Holdings ended with 1,200 shares changing hands to close at $14.65, Clico Investment Fund closed with 266,311 shares valued at $6,018,629 changing hands to end at $22.60, National Commercial Bank closed at $2.60 with 1,190 shares trading, National Enterprises closed with 100 shares changing hands to close at $10.16. Praetorian Property Mutual Fund with 444 units changing hands ended at $2.65, Sagicor Financial Corporation closed with 3,830 shares changing hands at $7.10. Scotia Investments closed with 20,379 shares changing hands to end at $1.80, Trinidad and Tobago NGL closed at $23.65 with 227 units changing hands and Trinidad Cement had 100 shares changing hands to close at $3.50.
Firm Trades| Clico Investment Fund closed with 29,795 shares changing hands to end at $22.60, JMMB Group ended with 74,900 shares changing hands to close at 75 cents, Massy Holdings ended with 200 shares changing hands at $52, Point Lisas closed at $3.60 with 1,118 units changing hands. Prestige Holdings with 2,000 units changing hands ended at $11, Trinidad and Tobago NGL closed at $23.65 with 7,884 units changing hands and Trinidad Cement had 6,000 shares changing hands to close at $3.50.