Trading picks up on TTSE – Wednesday

Trading activity picks up on the Trinidad and Tobago stock market improved on Wednesday over the levels of trading on Tuesday. Market activity resulted in only 204,982 shares valued at $2,918,765 changing hands compared to 30,059 shares valued at $790,965 on Tuesday.
The market closed with modest movements in the indices and ended with 4 stocks gaining, 3 declining and 5 remaining unchanged as 12 securities traded.
The Composite Index rose 1.06 points to close at 1,156.21, the All T&T Index gained 1.10 points to close at 1,816.95 and the Cross Listed Index inched up 0.14 to 65.97 points.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 8 stocks with bids higher than their last selling prices and 2 with offers that were lower.
Gains| Ansa McAl rose 1 cent in trading 5,000 units to end at $62.71, National Commercial Bank ended with 32,432 shares changing hands to close at $2.60, with a gain of 2 cents, National Flour rose 2 cents and ended with 10,000 shares changing hands at $2.55 and Unilever Caribbean gained $2 with 1,328 shares trading at $60.
Losses| Ansa Merchant Bank lost 5 cents in trading 556 units to end at $40, Calypso Macro Index Fund dropped $1 while trading 17,592 units at a 52 weeks’ low of $22 and Republic Financial Holdings fell 1 cent and ended with 5,000 shares changing hands at $109.99.
Firm Trades| Clico Investment Fund closed with 54,913 shares changing hands at $22.60, Grace Kennedy ended with 1,321 shares to close at $2.55, JMMB Group trading at and ended with 70,144 shares changing hands at 61 cents, Scotiabank closed with 336 shares at $58 and Trinidad and Tobago NGL closed at $23.65 with 6,000 units changing hands.