TTSE drops again on Thursday

The Trinidad & Tobago Stock Exchange recorded some strong gains on Thursday as the market closed with prices mostly rising. Trading ended with 275,408 shares valued at $3,852,359 changing hands. The market closed with 11 securities traded, 1 rose, 5 declined, while 5 remained unchanged. One stock closed at 52 weeks’ low at the end of trading.
The Composite Index declined by 4.59 points to close at 1,135.08, the All T&T Index fell 9.10 points to close at 1,815.63 and the Cross Listed Indexwas unchanged at 60.37.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 4stocks with the bid higher than the last selling price and 7 with offers that were lower.
Gains| West Indian Tobacco was the only stock to rise having put on just 2 cents the price closed at $126.30 while trading 1,640 shares.
Losses| Angostura Holdings ended with 7,000 shares changing hands to decline by 20 cents at $13, National Enterprises closed with 984 shares changing hands after falling 67 cents, to close at a $11.25, Point Lisas traded 13,114 shares but lost 6 cents to $3.94. Praetorian Property Mutual Fund contributed 2,200 shares to end with a loss of 30 cents at a 52 weeks’ low of $2.70 and Trinidad and Tobago NGL lost 2 cents and closed at $21.01 with 107,538 shares traded for $2,258,416.
Firm Trades| Clico Investment Fund ended at $22.60 with 2,380 shares changing hands, Firstcaribbean International Bank had 2,998 units changing hands at $6.50, Guardian Holdings closed with 26,288 shares valued at $341,744 changing hands to end at $13. Prestige Holdings with 1,351 units changing hands, ended at $11.30, Sagicor Financial Corporation closed with 109,915 shares changing hands for a value of $796,871 and closed at $7.25.