TTSE gains on first trading of July

Trading on the Trinidad and Tobago stock market ended on the first trading day of July with all three indices rising with 11 securities trading. Trading accounted for 127,977 shares valued at $3,051,859 changing hands. The market closed with 4 stocks rising, 2 declining and 5 remaining unchanged.one stock traded at a 52 weeks’ high and one at a low.
The Composite Index gained 3.50 points or to close at 1,139.11, the All T&T Index climbed by 5.35 points to close at 1,793.33 and the Cross Listed Index rose 0.22 at 64.54 points.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 7 stocks with bids higher than their last selling prices and 5 with offers that were lower.
Gains| First Citizens traded 3,450 shares to close at $34.50 and gained $1.10, Grace Kennedy contributed 2,000 shares, while gaining 21 cents in trading, to close at a 52 weeks’ high of $5.70. Sagicor Financial Corporation closed with 599 shares changing hands, to end with a gain of 3 cents at $7.25 and Trinidad and Tobago NGL traded 92,544 shares changing hands for a value of $2,064,934, to end at $22.32 after rising 7 cents.
Losses| Ansa McAl traded 550 units at a 52 weeks’ low of $62.42 after falling 1 cent and Massy Holdings lost 1 cent to close at $55.25 with 1,071 shares changing hands.
Firm Trades| Angostura Holdings ended with 6,000 shares changing hands to close unchanged at $13, shares, JMMB Group closed at 60 cents after trading 10,000 shares, National Enterprises closed with 1,100 shares changing hands at $10.75, Trinidad Cement 5,563 units at $3.42 and West Indian Tobacco traded 5,100 shares with a value of $644,028, to close $126.28.