Trading rise on TTSE Wednesday

Only 9 securities changed hands on the Trinidad & Tobago Stock Exchange on Wednesday, the same number as on Tuesday. Trading levels jumped relative Tuesday resulted in trading volumes rising nearly 5 times Tuesday’s and almost twice the value.
At the close, 3 stocks advanced, 2 declined and 4 were unchanged as 213,094 shares traded at a value of $1,322,549 compared to Tuesday’s trading of 38,695 valued at $452,716. Trading was dominated by Massy Holdings and National Enterprises with 38 percent and 32 percent respectively of the traded volume.
The Composite Index rose 2.67 points to 1,230.72, the All T&T Index gained 0.02 points to 1,792.31 and the Cross Listed Index gained 0.73 points to 89.79 points.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 8 with lower offers.
Gains| Stocks trading with the last prices rising and volumes changing hands are JMMB Group with gains of 5 cents to close at $1.25 with 85,947 shares, Massy Holdings closed at $49, rising 5 cents with 10,345 shares valued at $506,667 and NCB Financial Group closed at a 52 weeks’ high of $4.75, having gained 24 cents trading 1,500 shares.
Losses| Stocks trading with the last prices falling and volumes changing hands are Clico Investment with a loss of 1 cent, closing at a 52 weeks’ low of $20.89 with 5,000 shares and Scotia Investments declining 15 cents to $2.10 with 70,000 shares.
Firm Trades| Stocks trading with last prices remaining unchanged and the volumes changing hands are First Citizens with 455 shares trading at $31.67, National Enterprises remained at $10.48 with 39,025 shares valued at $408,982, Sagicor Financial held firm at $8.30 with 422 shares and Scotiabank closing at $58.02 with 400 shares.

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