TTSE close in calmer waters – Wednesday

Republic Bank drops to 52 weeks’ low.

Price movements were calmer at the close of trading on the Trinidad & Tobago Stock Exchange on Wednesday with 2 stocks advancing, 4 declining and 9 unchanged as 15 securities traded for the third consecutive day.
The market closed as 750,792 shares traded at a value of $10,300,305 compared to Tuesday’s trades of 652,922 shares valued at $9,971,563.
The Composite Index gained 1.48 points to 1,280.88, the All T&T Index advanced by 3.27 points to 1,743.34 and the Cross Listed Index lost 0.04 points to close at 110.35.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 4 with lower offers.
Gains| At the close of trading on Wednesday, National Enterprises gained 25 cents to end at $10 trading 242,340 shares valued at $2,423,050 and Trinidad & Tobago NGL rose 50 cents to close at $26.50 exchanging 24,334 shares valued at $641,925.
Losses| The last traded prices of the securities declining are, First Citizens with a loss of 1 cent, in closing at $32 with 134,288 shares valued at $4,298,539, Guardian Holdings trading at $17.98, with a loss of 1 cent swapping 500 units, JMMB Group ending at $1.59, after losing 1 cent with 83,033 shares changing hands and Republic Financial Holdings that closed 25 cents lower to a new 52 weeks’ low of $100 with 549 units changing hands.
Firm Trades| The last prices of securities at the close on Wednesday unchanged are, Angostura Holdings that closed at $15 with 42,437 units valued at $636,555 trading, while Clico Investment remained at $21 with 10,400 shares and First Caribbean International Bank ending trading at $9.30, with 127,150 stock units valued at $1,182,495 being exchanged. Massy Holdings closed at $49 with a mere 10 units traded, NCB Financial Group held firm at $6.50, exchanging 12,561 shares while One Caribbean Media closed at $14 with 1,000 units. Sagicor Financial settled at $7.95 with 71,288 shares valued at $566,740, Scotiabank closed at $61 with 436 units trading and Unilever Caribbean remained flat at $30 with of 466 units trading

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