Republic Financial Holdings has demand to buy 235,233 shares at $112.
Activity on the Trinidad and Tobago Stock Exchange continued with moderate price movement with trading in 14 securities on Wednesday and more prices rising than falling but there is a clear negative bias with several stocks closing with offers below their last sale price. At the close 4 stocks advanced, 3 declined, with the prices of 7 remaining unchanged. A total of 144,663 shares changed hands valued at $1,565,759.
The Composite Index ended with a gain of 0.50 points to 1,163.67 the All T&T Index fell 0.71 points to 1,941.33 and the Cross Listed Index gained 0.23 to end at 50.87.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator has turned negative with only 2 stocks with bids higher than the last selling price and 10 stocks with offers that were lower.
Gains| Guardian Holdings gained 2 cents with 5,000 shares changing hands to close at $13.44, Sagicor Financial Corporation traded 3,281 shares changing hands and gained 1 cent to close at $6.50. Scotia Investments gained 2 cents with 7,000 shares trading at $1.52 and West Indian Tobacco ended with a gain of 2 cents to close at $126.29 as 1,507 shares changed hands.
Declines| Agostini’s traded 11,000 shares at $16.95 with a fall of 6 cents in trading at a 52 weeks’ low, National Flour lost 10 cents to end at $2.50 while trading 2,166 shares and Trinidad and Tobago NGL slipped 22 cents in trading to close at $21.25 with 12,841 units.
Firm Trades| Clico Investment Fund traded 1,772 shares to close at $22.75, First Citizens had 5,756 units changing hands at $35, JMMB Group traded 2,300 units at 55 cents, National Commercial Bank closed at $2.25 while trading 83,300 shares. One Caribbean Media traded 5,000 shares at $22, Republic Financial Holdings closed at $112 with 400 shares changing hands, the stock closed with the bid at $112 to buy 235,233 shares and Unilever Caribbean ended at $67.75 with 3,340 shares trading.
