Trinidad stock market in steady mode – Wednesday

Market activity on the Trinidad & Tobago Stock Exchange was moderate on Wednesday with trading in just 11 securities, against 19 trading on Tuesday. The market closed with 3 stocks rising, 1 declining and 6 remaining unchanged.
IC bid-offer Indicator|At the end of trading, on Friday, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with bids higher than their last selling prices and 4 with lower offers, an indication of a greater level of stability in the market.
Trading ended with 143,873 shares with a value of $1,406,116, compared to 305,086 shares with a value of $4,018,435, changing hands.
At close the Composite Index shed 0.11 points on Wednesday to 1,269.86, the All T&T Index closed unchanged at 1,701.21 while Cross Listed Index slipped 0.03 points to close at 113.15.
Gains|Clico Investments concluded trading with a gain of 35 cents and finished at $20.35, with 1,285 units, First Citizens added 1 cent to finish at $32.11, trading 6,213 shares, the price of LJ Williams B share increased by 5 cents and finished at 75 cents, with 37,328 shares traded and Sagicor Financial rose 6 cents and finished at $7.88, with 36,259 units.
Losses| Trinidad & Tobago NGL fell 40 cents and finished at $27.10, trading 14,127 shares.
Firm Traded| Grace Kennedy end at $3.40, with 10,000 units, JMMB Group finished at $1.80, with 5,000 stock units changing hands, National Enterprises closed at $9.65, with 500 units, NCB Financial Group ended at $6.60, trading 18,465 shares, Republic Financial Holdings closed trading at $101.51, with 2,696 stock units changing hands and Trinidad Cement concluded trading at $3.50, with 12,000 stock units traded.
Prices of securities trading for the day are those at which the last trade took place.

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