Trading picks up & TCL up 33c on TTSE

Trading on the Trinidad Stock Exchange picked up somewhat on Wednesday with 17 securities changing hands, of which 5 advanced, 5 declined and 7 traded firm, with 326,210 units changing hands, with a value of $5,424,483.
The Composite Index gained 1.33 points to close at 1,149.75, the All T&T Index rose 1.62 points to close at 1,983.82 and the Cross Listed Index increased by a mere 0.14 points to end at 41.33.
Gains| Stocks increasing in price at the close are, First Citizens trading 1,460 shares to gain a cent at $35.53, Guardian Holdings traded 4,278 shares valued at $58,823 to close with a gain of 25 cents to $13.75, Jamaica Money Market Brokers with 68,624 shares changing hands for a value of $30,807, closed at 45 cents, Massy Holdings with 3,115 units closed with a 2 cents gain, at $68.53 and Trinidad Cement with 32,500 shares for a value of $80,575, gained 33 cents to end the day at $2.59.
Declines| The stocks declining at the end of trading are, National Enterprises with 5,060 shares as it lost a cent in ending at $17.79, Praetorian Property Mutual Fund declined by 15 cents to end at $3.40 while it traded 4,000 units, Republic Bank exchanged 3,031 shares for 5 cents lower, to end at $121.85, Sagicor Financial Corporation contributed 15,383 shares with a value of $99,220 to close at $6.45 down by 5 cents, while Scotiabank with 5,100 shares traded down 9 cent to $63.40 for a new 52 weeks low, and remains weak at the end of trading.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Agostini’s trading just 50 units at $17.37, Angostura Holdings added 7,000 shares, valued at $89,250 at $12.75, ANSA McAL with 3,110 shares closed at $66.30, Clico Investment Fund traded 172,000 shares valued at $3,787,401 to end at $22, Prestige Holdings traded 433 shares at $9.40, Scotia Investments with 1,000 shares closed at $1.40 and Unilever Caribbean closed at $63.13 while trading 66 units
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with the bid higher than the last selling price and there was no stock with an offer lower.