TTSE down on Thursday

TTSE build Trading activity on the Trinidad and Tobago stock market closed Thursday with losses in the three market indices. Volume traded picked up with over 732,000 units changing hands compared with only 89,258 on Wednesday. At the close just 10 securities changed hands, just 4 rose, 3 fell while 3 remained unchanged.
Market activity ended with 732,985 shares valued at $3,195,862 changing hands, up from the $1,450,746 traded on Wednesday.
The Composite Index declined 0.50 points to close at 1,156.11, the All T&T Index fell 0.67 points to close at 1,816.58 and the Cross Listed Index ended unchanged at 65.99 with a loss of 0.05 points.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 9 stocks with bids higher than their last selling prices and 6 with offers that were lower.
Gains| National Flour rose 6 cents, with 3,850 shares changing hands, to close at $2.41, Scotiabank rose 4 cents and closed with 1,671 shares changing hands, at $57.57, TTSE sum 8-9-16Trinidad and Tobago NGL closed at $23.51 with 2,500 units trading, after rising 1 cent and Trinidad Cement gained 2 cents and closed at $3.12 with 686,998 shares valued at $2,143,434 changing hands.
Losses| JMMB Group lost 1 cent and ended with 2,976 shares changing hands at 61 cents, National Enterprises closed with just 1,646 shares changing hands close at a 52 weeks’ low of $10.40 after slipping by 9 cents and Republic Financial Holdings ended with 1,793 shares changing hands at $109.99 with the loss of a cent.
Firm Trades| Clico Investment Fund closed with 25,992 shares valued at $326,637 changing hands, to end at $22.65, First Citizens traded 500 units at $35 and Guardian Holdings had 5,059 shares changing hands to end at $13.01.

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