
Trinidad & Tobago Stock Exchange Head Quarters
The Trinidad & Tobago Stock Exchange started trading in 2020 with modest gains in all three major indices but with just two stocks rising while three slipped and eight closed with prices unchanged.
At the close of trading on Tuesday, the Composite Index rose 2.28 points on Thursday to 1,470.69. The All T&T Index added 0.14 points to 1,869.11, while the Cross Listed Index gained 0.61 points to close at 145.26.
Trading ended with just 13 securities changing hands, similar to the number trading on Tuesday as 187,409 shares traded at $2,716,885 compared to 229,238 shares changing hands at $3,637,335. The market had two stocks hitting 52 weeks’ high at the close of trading.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with the bids of four stocks higher than their last selling prices and three with lower offers.
Gains| First Caribbean International Bank gained 10 cents completed trading at $8, with ten stock units changing hands and Guardian Holdings advanced 35 cents and ended at $22, with investors exchanging 72,946 shares.
Losses| Point Lisas declined 5 cents and completed trading of 500 stock units at $3.55, Republic
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.
Firm Trades| First Citizens Bank settled at $44.50, with 5,136 stock units trading, Grace Kennedy closed at $3.95, with 6,484 stock units trading, JMMB Group concluded trading with 27,149 stock units at $2.60, National Enterprises exchanged 35,000 shares and ended at $5.76. NCB Financial closed at $10.86, with 4,686 units crossing the exchange, One Caribbean Media exchanged 28,904 units at $8.50, Scotiabank traded 1,640 stock units at $61 and Trinidad & Tobago NGL close trading of 4,304 shares at $24.
Prices of securities trading are those at which the last trade took place.
The Trinidad & Tobago Stock Exchange closed 2019 with gains for the three leading indices with the All T&T Index gaining nearly 10 percent for the year and reversing five consecutive years’ of decline.
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 Trinidad & Tobago Stock Exchange closed trading with mixed indices movement on Monday, as rising stocks outnumbered declining ones as trading picked up from Friday’s levels.
Trinidad & Tobago NGL gained 25 cents trading 5,323 shares at $23.25 and Trinidad Cement rose 5 cents to end at $2, with 1,837 stock units changing hands.
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.