TTSE ekes out gains on Wednesday

The slide on the Trinidad & Tobago Stock Exchange continued on Wednesday with trading ending with 282,963 shares valued at $2,712,394 changing hands. A total of 13 securities traded with 3 falling, 3 gaining while 7 remained unchanged. A total of 2 stocks closed at a 52 weeks’ low and one at a 52 weeks’ high.
The market closed with the Composite Index rising 0.21 points to close at 1,158.89, the All T&T Index gaining 0.09 points to close at 1,863.70 and the Cross Listed Index rose 0.04 points to end at 60.26.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 1 stock with the bid higher than the last selling price and 9 with offers that were lower. More telling is the fact that about a third of the listings have no bids to buy.
Gains|, Grace Kennedy had 942 units changing hands at a 52 weeks’ high of $5.20 for a 5 cents gain, Trinidad and Tobago NGL gained 5 cents to end trading with 28,795 shares with a value of $548,452 at $19.05 and Scotia Investments closed with a gain of 4 cents at $1.75 while trading 64,866 shares,
Losses| One Caribbean Media had 227 shares trading with a loss of 2 cents to end at a 52 weeks’ low of $21.98, Republic Financial Holdings fell by 1 cent to close at $112.19 with 363 shares changing hands and Sagicor Financial Corporation traded 6,039 units at $6.99 after drifting by 1 cent.
Firm Trades| Agostini’s traded 100 shares at $17.03, FirstCaribbean International Bank traded 20,110 shares to close at $6.50, Guardian Holdings ended trading with 7,800 shares changing hands at $13.70. Guardian Media ended trading with 6,670 shares changing hands at $19.75, JMMB Group traded 10,000 shares at 58 cents, National Flour closed with 126,500 shares changing hands at $1.95 and West Indian Tobacco traded 10,560 units at $126.30 worth $1,333,728.