Trinidad stocks showing promising signs

First Citizens is one of a number of Trinidad stocks closing at 52 weeks’ high in 2019 on TTSE.

Trading on the Trinidad & Tobago Stock Exchange, continues to show signs of new life in 2019, with the market ending on Monday with 18 securities changing hands, against 13 on Friday.
The market closed with 7 stocks rising, 3 declining and 8 remaining unchanged, leading to positive gains in the main market indices and rise of 3.6 percent for the year to date for Trinidad stocks compared to a 1.8 percent fall at the same time in 2018. For the year to date, a number of stocks recorded new 52 weeks’ highs and that trend seems set to continue.
At the market’s close, Composite Index rose 2.56 points to 1,331.20. The All T&T Index declined gained 5.11 points to 1,766.84, while the Cross Listed Index inched down by 0.01 points higher to close at 120.84. At the close, investors exchanged 372,356 shares at $3,109,288, compared to 102,669 shares at $1,954,012 on Friday.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended at stocks with bids higher than their last selling prices and 2 with lower offers.
At the close of the market, stocks ending with gains| Clico Investments gained 3 cents and settled at $23.03, with 26,572 stock units changing hands, First Citizens added 2 cents to close at $36.55, after exchanging 1,712 shares, National Enterprises increased 45 cents and settled at $7.25, with 2,000 stock units changing hands. National Flour rose 5 cents and closed at $1.68, in trading 180,293 units, One Caribbean Media closed with a gain of 15 cents and completed trading at $10.30, after exchanging 119,300 shares. Point Lisas gained 10 cents and settled at $3.55, with 1,000 stock units changing hands and Republic Financial Holdings finished trading 563 shares with a rise of 8 cents in closing at $120.
Stocks closing with losses| Angostura Holdings fell 20 cents and settled at $15.80, with 1,105 stock units changing hands, Massy Holdings closed with a loss of 11 cents and completed trading at $53.09, after exchanging 9,550 shares and Sagicor Financial shed 1 cent and completed trading at $8.79, after exchanging 13,754 shares.
Stocks closing firm| Agostini’s completed trading at $23.33, after exchanging 560 shares, Grace Kennedy settled at $3.35, with 300 stock units changing hands, Guardian Holdings concluded trading with 137 units at $18.50, JMMB Group completed trading at $1.75, after exchanging 7,385 shares. NCB Financial Group ended at $8.25, after exchanging 1,257 shares, Trinidad & Tobago NGL exchanged 3,765 units, at $29.40, Trinidad Cement ended at $2.60, after exchanging 2,303 shares and Unilever Caribbean traded 800 shares at $26.30.

Prices of securities trading for the day are those at which the last trade took place.

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