TTSE falters with low activity – Thursday

Trading on the Trinidad and Tobago stock market ended June on a low note with just 6 securities trading and the market slipped on the final day. Trading accounted for 51,825 shares valued at $1,313,880 changing hands. The market closed with 4 declining and 2 remaining unchanged.
The Composite Index lost 1.54 points or to close at 1,135.61, the All T&T Index declined by 3.07 points to close at 1,787.98 and the Cross Listed Index remained unchanged at 64.32 points.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 6 stocks with bids higher than their last selling prices and 8 with offers that were lower.
Losses|First Citizens dropped $1.10 in trading 350 shares to close at $33.40, the stock was offered at $34 at the close to sell only 150 units, the bid is at $33.40 to buy 247 shares. Massy Holdings lost 5 cents and closed at $55.25 with 2,892 shares changing hands, National Enterprises closed with 24,244 shares changing hands at $10.75 after slipping 23 cents, Scotiabank lost 7 cents to close at $53.73 with 11,345 shares traded with a value of $609,740.
Firm Trades| National Flour Mills had 857 shares changing hands at $2.30 and Trinidad and Tobago NGL traded 12,137 units and ended at $22.25.