The slide on the Trinidad & Tobago Stock Exchange continued on Monday as trading ended with 170,815 shares valued at $1,057,665 changing hands. A total of 10 securities traded with 3 falling, 2 gaining while 5 remained unchanged. One stock closed at a 52 weeks’ low.
The market closed with the Composite Index declined by 3.87 points to close at 1,138.76, the All T&T Index fell by 7.34 points to close at 1,824.12 and is down by 6.3 percent since the start of the year and the Cross Listed Index declined by 0.04 points to 60.21.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 5 stocks with the bid higher than the last selling price and 7 with offers that were lower. More telling is the fact that about a third of the listings have no bids to buy.
Gains| Guardian Holdings ended trading just 100 shares but rose 10 cents to close at $13.80 and Trinidad and Tobago NGL ended trading 5,705 shares, but rose 1 cent to end at $19.06.
Losses| JMMB Group contributed 7,164 shares valued but lost 2 cents in closing at 57 cents, National Enterprises closed with 11,640 shares changing hands at to close at a 52 weeks’ low of $10 after falling by 50 cents 
and West Indian Tobacco traded 829 share but lost 2 cents in ending at $126.28.
Firm Trades| Ansa Merchant Bank traded 1,028 units at $38.95, Clico Investments Fund ended with a volume of 12,700 shares to end at $22.55, Firstcaribbean International Bank closed at $6.50 with only 2,516 units changing hands. Grace Kennedy traded 53,773 shares to end at $5.20 and National Commercial Bank traded 86,000 shares at $2.40.
TTSE falters again – Monday
March 21, 2016 by