T&T stock market moves higher – Thursday

The Trinidad & Tobago Stock Exchange stocks gained on Thursday with financial market stocks continuing to contribute most to the rise of the market with two from the sector hitting new 52 weeks highs.
The T&T Composite Index added 6.86 points to close at 1,518.01. The All T&T Index rose 13.23 points to 1,941.04, while the Cross Listed Index closed with a loss of gained 0.5 points to end at 148.27.
The market ended with 16 securities changing hands with the prices of five gaining, two declining while nine remained unchanged.
Trading resulted in an exchange of 414,886 shares for $5,835,043, compared to 452,688 shares for $13,232,899, with 11 securities trading on Wednesday.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with the bids of five stocks higher than their last selling prices and two with lower offers.
Gains| Ansa Merchant Bank traded 50 stock units to close at a 52 weeks’ high of $38.88 after surging $2.83, Clico Investment closed 2 cents higher at $28.52, with 113,772 units crossing the exchange, First Citizens Bank added $1 and exchanged 900 stock units to settle at $51. Massy Holdings rose 62 cents after trading 5,499 shares to finish at a 52 weeks’ high of $62 and Republic Holdings gained 75 cents and closed trading with just 12 shares at 52 weeks’ high of $144.26.
Losses| Agostini’s traded 42 shares and lost 1 cent to end at $25.50 and Trinidad & Tobago NGL shed 9 cents in transferring 55,060 shares to close at $20.80.
Firm Trades| First Caribbean International Bank exchanged 2,100 units at $7.89, Grace Kennedy traded 126,254 units at $3.95. Guardian Holdings ended with 6,073 shares trading at $22, but the stock closed with the bid at $22.52 to buy 20,000 units, JMMB Group fell 2 cents to end at $2.68, with investors trading 102,664 stock units, National Enterprises had 74 shares crossing the exchange at $5.51. Prestige Holdings traded 186 units to end at $8.99, Scotiabank traded 1,709 units to end at $62.50, Trinidad Cement closed with 68 units changing hands at $1.85 and West Indian Tobacco closed at $39.49 while swapping 423 stock units.

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


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