Trading picks up as 3 stocks rise 3 fall

Trading volume on the Trinidad & Tobago Stock Exchange on Tuesday rose from the abysmally low level on Monday but the value traded increased, resulting from 13 securities changing hands compared to 12 on Monday.
At the close, 3 stocks advanced, 3 declined and 7 held firm as 221,508 shares were exchanged at a value of $4,523,594 compared to Monday’s trading of 63,288 valued at $3,292,849.
The Composite Index gained 0.92 points to 1,208.65, the All T&T Index advanced 1.07 points to 1,791.24 and the Cross Listed Index rose 0.11 points to 83.89.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 3 stocks with bids higher than last selling prices and 4 with lower offers.
Gains| Grace Kennedy gained 1 cent to close at $2.80 in exchanging 31,635 shares, NCB Financial Group added 1 cent to close at a 52 weeks’ high of $4.08 trading 2,800 shares and Trinidad & Tobago NGL jumped 57 cents to $22.50, with 12,202 shares changing hands.
Losses| Massy Holdings closed at $49.96, with a 1 cent loss trading 1,765 shares, Scotiabank lost 2 cents, trading 268 units and West Indian Tobacco closed at a 52 weeks’ low of $125.79, losing 3 cents with 12,825 shares changing hands at a value of $1,613,257.
Firm Trades| Ansa McAL closed at $66, with an exchange of 467 shares, Clico Investment traded 66,126 shares at $22.39 valued at $1,478,393, First Citizens exchanged 3,683 shares at $31.65, JMMB Group remained at $1.20 with 78,707 shares traded. National Enterprises closed at $10.49 with 937 units switching owners, Republic Financial Holdings held firm at $101.90, trading 6,625 units valued at $675,088 and Sagicor Financial exchanged 3,468 shares at $8.