The number of securities trading on Tuesday jumped to 19 against 11 on Monday in market activity on the Trinidad & Tobago Stock Exchange.
The market ended with, with 3 stocks advancing, 5 declining and 11 remaining unchanged leading to slippage in the market indices. The market slippage belies an underlying tone of strength for a number of securities that seem poised to rise, in the trading days ahead.
At close the Composite Index slipped 2.92 points on Tuesday to 1,271.63, the All T&T Index declined 0.79 points to 1,706.25, while Cross Listed Index eased just 0.69 points to end at 112.94.
Market activity ended with 283,492 shares with a value of $2,826,809 traded, compared to 137,895 shares with a value of $2,265,920 on Monday.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 5 with lower offers.
Gains| First Citizens rose 5 cents and completed trading at $32.06, with a mere 80 shares changed hands, Trinidad & Tobago NGL closed with a gain of 16 cents and concluded trading at $26.76, with 3,841 units and West Indian Tobacco gained 1 cent and closed at $88.50, with 2,287 stock units changing hands.
Losses| Angostura Holdings traded with a loss of 3 cents and ended at $15.67, with 17,096 stock units changing hands, Guardian Holdings fell 25 cents and ended at $17 trading 17,500 shares, NCB Financial Group closed with a loss of 10 cents to conclude trading at $6.50, in exchanging 55,295 shares, Prestige Holdings shed 30 cents and completed trading 2,140 shares at a 52 weeks’ low of $10.00, and Trinidad Cement lost 1 cent and ended at $3.74, trading 13,129 shares.
Firm Traded| Clico Investments finished at $20.50, with 4,417 units, First Caribbean International Bank finished at $9.30, trading 85,032 shares, Grace Kennedy concluded trading at $3.50, with 61,815 units, JMMB Group completed at $1.85, with 1,000 stock units changing hands., LJ Williams B share ended with at 70 cents, trading 5,000 shares. Massy Holdings finished at $47.50, with 5,151 stock units changing hands. National Enterprises completed trading at $9.67, with 120 units, National Flour finished at $1.95, trading 1,450 shares, Republic Financial Holdings concluded trading at $101.50, with 588 stock units changing hands, Sagicor Financial ended at $7.82, with 5,029 units and Unilever Caribbean finished at $28.99, trading 2,522 shares.
Prices of securities trading for the day are those at which the last trade took place.