Trading levels on the Trinidad stock market Scotiabank stock fell to a new 52 weeks low but seems headed lower based on the offer that is lower than the last selling price and the lack of meaningful bids.
At the end of trading 13 securities changed hands of which 2 advanced, 2 declined and 9 traded firm, with a volume of 425,677 stocks changing hands, with a value of $1,513,718.
The Composite Index lost 0.10 points to close at 1,165.10, the All T&T Index rose fell by just 0.19 points to close at 2,011.21 and the Cross Listed Index remained at 41.76.
Gains| Clico Investment Fund with 31,000 shares changing hands valued at $671,691 but the price was up 2 cents at $21.67 and Trinidad Cement with 166,955 shares changing hands valued at $325,562 close 5 cents higher at $1.95.
Declines| The stocks declining at the end of trading, are Grace Kennedy in trading 13,209 shares, the price lost a cent to close at $3.44 and Scotiabank declined by 8 cents, to end the day at $68.65, for a new 52 weeks low, while trading only 71 shares.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Ansa Mcal with 1,150 shares traded, closed at $66.30, to be followed by First Citizens Bank with 2,737 units, to close at $35.02, Jamaica Money Market Brokers contributed 81,000 shares with a value of $36,450 to close at 45 cents, while Massy Group traded just 256 shares to close at $69.50, National Enterprises had 322 shares changing hands, to end at $18.24, National Flour Mills added 21,043 shares valued at $21,043, to close at $1, One Caribbean Media 282 units to close at $25, Praetorian Property Fund 19,898 units to end at $3.55 and Scotia Investments closed at $1.54 with a volume of 87,754 shares traded valued at $135,141.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bids higher than their last selling prices and 3 stocks with offers that were lower.