TTSE closes steady on Friday

TTSE build The Trinidad and Tobago stock market closed on Friday with just 9 securities trading, resulting in 204,938 shares valued at $2,341,639 changing hands. The market closed with 3 stocks rising, 2 declining stocks and 4 remaining unchanged.
The Composite Index rose 0.02 points to close at 1,152.81, the All T&T Index fell 0.08 points to close at 1,810.66 and the Cross Listed Index rose 0.02 at 65.91.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 6 stocks with bids higher than their last selling prices and 7 with offers that were lower.
Gains| Guardian Holdings ended with 6,391 shares changing hands to close with a 5 cents gain at $12.66, Praetorian Property Mutual Fund rose just 7 cents in contributing 4,000 shares to end at $2.60 and TTSE sum 29-07-16Trinidad and Tobago NGL rose 1 cent and closed with 59,443 shares valued at $1,412,142 changing hands at $23.76.
Losses| Massy Holdings had 5,043 shares changing hands but lost 2 cents, to close at $56.73 and ReadyMix dropped 75 cents to a new 52 weeks’ low of $12.25 with 125 units changing hands.
Firm Trades| National Commercial Bank ended with 82,117 shares changing hands to close with at $2.75, Point Lisas Industrial Port had 7,528 shares changing hands, to close at $3.60, Sagicor Financial Corporation closed with 40,211 shares changing hands at $7.15 and West Indian Tobacco had 80 shares changing hands at $126.30.

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