Trading on the Trinidad and Tobago Stock Exchange closed with a higher volume of shares trading than on Monday but with lower valuation and leading the market indices to inch higher at the close.
The market close withy the T&T Composite Index rising 0.58 points to 1,257.67. The All T&T Index gained 1.15 points to end at 1,676.20 while the Cross Listed Index remained unchanged at 113.50.
The market closed with two stocks rising, five stocks declining, while four were unchanged. The volume of stocks passing through the market was 128,175 shares valued at $6,531,309 compared to 221,215 shares for $2,136,051 on Monday.
IC bid-offer Indicator│ The Investor’s Choice bid-offer indicator ended with the bids of xxx stocks higher than their last selling prices and xxx with lower offers.
Gainers│ Guardian Holdings rose 11 cents to close at $18.06, in trading 3,137 units and One Caribbean Media ended at $6.52, with a gain of 2 cents with 5,000 shares changing hands.
Losers│ Clico Investments shed 15 cents exchanging 205 stock units and closed at $24.75, First Caribbean International fell by 19 cents to $7.50, in swapping 525 stock units, Republic Financial Holdings closed at $133.05, with a loss of $1.95 after 25,639 shares crossed the exchange.
Trinidad & Tobago NGL lost 5 cents to finish at $16.95, with 1,473 units changing hands and Unilever Caribbean ended 7 cents lower at a 52 weeks’ low of $17.95, after trading 494 stock units.
Firm Trades│ First Citizens Bank transferred 13,817 shares at $39, Massy Holdings exchanged 2,478 stock units at $49.99, National Enterprises closed at $4.50, trading 102 units traded and West Indian Tobacco was unchanged at $30.90, in swapping 75,305 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The volume of stocks passing through the market climbed to 1,005,498 units valued at $14,272,854 from the trading 12 securities, compared to 109,579 shares for $7,714,973 from 14 securities on Thursday. The market closed with two stocks rising and one declining, while nine were unchanged with the T&T Composite Index gaining 2.20 points to end at 1,262.68. The All T&T Index rose advanced by 4.36 points to end at 1,686.15 while the Cross Listed Index remained at 113.50.
Losers│ Clico Investments shed 20 cents to finish at $24.90, after the transfer of 197 stock units.
At the close, the T&T Composite Index gained 0.03 points to 1,260.48. The All T&T Index rose 0.06 points to end at 1,681.79 while the Cross Listed Index was unchanged at 113.50.
Losers│ Angostura Holdings fell 46 cents to a 52 weeks’ low of $14, with 1,000 stock units crossing the market, Guardian Holdings lost 5 cents transferring 20,030 shares and closed at $17.95 and Scotiabank shed 10 cents to end at $54.60, with an exchange of 1,177 stock units.
The T&T Composite Index rose 3.27 points to 1,260.45. The All T&T Index dropped 10.43 points to end at 1,681.73 while the Cross Listed Index gained 2.34 points at 113.50.
Firm Trades│ Ansa Merchant Bank closed at $36.30, with an exchange of 30 units, Calypso Macro Index Fund traded 370 units at $15.88, First Citizens transferred 806 stock units at $38.15, JMMB Group closed with a transfer 500 units at $2. Massy Holdings remained at $50, in an exchange of 1,733 stock units, National Flour closed at $1.20, with 10,700 shares crossing the market. Point Lisas swapped 130 units at $3.45, Republic Financial Holdings traded unchanged at $135, with 100 units changing hands and Unilever Caribbean traded 9,032 shares at $18.02.
One Caribbean Media ended at a 52 weeks’ low of $6.95, after losing 5 cents in exchanging 1,018 units, Republic Financial Holdings shed 20 cents to end at $141.52 with 17,778 shares changing hands and West Indian Tobacco declined by $1.09 to $33.66, in swapping 4,323 stock units.
The market closed with three stocks closing at 52 weeks’ low after four stocks recorded gains, seven declined, while four remained unchanged. The total volume of shares passing through the market climbed to 1,141,627 units valued at $5,923,432 compared to 656,107 shares for $10,311,421 on Tuesday.
Massy Holdings declined by 50 cents to close at $56.50, with 518 stock units changing hands, Scotiabank ended at $57 exchanging 754 units, after losing $1. Trinidad & Tobago NGL shed 24 cents to close at $17.01, with 2,750 stock units crossing the market and West Indian Tobacco lost 24 cents to end at $34.75, trading 139 units.
Massy Holdings declined by $1 to close at $57, with 199 stock units changing hands, Point Lisas lost 25 cents in trading 2,500 stock units to finish at $3.45. Republic Financial Holdings dropped $8, after transferring 12,000 units to finish at $136, Trinidad Cement ended at $1.75, after falling 20 cents exchanging 2,464 stock units and West Indian Tobacco lost 1 cent to close at $34.99, with 75,200 stock units crossing the market.
At the close, NCB Financial is set to suffer a significant fall, with the stock closing with the offer to sell 133,050 units at $9 compared to the last sale price of $10 or nearly JS$200. There were no bids placed to buy the stock at the close.
JMMB Group closed at $1.90, after falling 10 cents in exchanging 160,383 units, Massy Holdings shed $1 to end at $58, with 2,330 stock units changing hands, National Enterprise lost 25 cents trading 500 stock units to finish at a 52 weeks’ low of $5. National Flour slipped to a 52 weeks’ low of a $1.20, after falling 2 cents and transferring 1,950 units, One Caribbean Media traded 300 stock units at a 52 weeks’ low of $7, with a decline of 15 cents. Prestige Holdings declined by 50 cents to end at $8, transferring 2,941 units. Scotiabank fell by $1.50 to end at $58 trading 11,246 stock units and West Indian Tobacco declined by $1.50 to close at $35, with 29,510 stock units crossing the market.
National Enterprises shed 15 cents in trading 550 stock units to finish at a 52 weeks’ low of $5.25. Scotiabank dropped $1.75 to $59.50, after transferring 18,368 shares, Trinidad & Tobago NGL lost 50 cents to end at a 52 weeks’ low of $15, with 28,661 shares crossing the market and West Indian Tobacco shed 20 cents exchanging 2,000 stock units to close at $36.75.
Four stocks closed at 52 weeks’ low as the market encountered five consecutive days of losses at the close market sentiments and closed with negative with stocks closing with a four to one bias towards declines as shown by the IC bid-offer Indicator.
JMMB Group shed 8 cents exchanging 170,055 shares to close at $2.02, Massy Holdings declined by $1 to $59 in transferring 15,490 units and National Enterprises traded 27,269 stock units after falling 15 cents to close at a 52 weeks’ low of $5.40. National Flour closed at $1.30 in exchanging 111,161 units and lost 15 cents, One Caribbean Media lost 10 cents to close at a 52 weeks’ low of $7.15, with 200 units crossing the market, Point Lisas shed 30 cents exchanging 200 units to end at $3.45. Prestige Holdings declined by 50 cents to $8.50 trading 3,585 shares, Republic Financial Holdings lost 4 cents and closed at $145.43, transferring 18,703 units and Scotiabank fell 7 cents to $62.45, in exchanging 150 stock units. Trinidad & Tobago NGL shed 31 cents trading 16,736 shares and closed at a 52 weeks’ low of $16.19 and Unilever Caribbean dropped to a 52 weeks’ low of $19.10, after falling $1.40 with 3,300 units crossing the market.