TTSE halts fall on

TTSE halts fall on – Friday

TTSE build Trading showed improvement in market sentiments with fewer lows as well as the number of declining stocks falling from the levels on Thursday. The market ended with no stocks trading at 52 weeks’ lows and none at new highs. Demand for stocks continue to be low on the Trinidad & Tobago stock market. The market closed with 12 active securities changing hands on Friday.
Trading ended with 3 stocks rising, 2 declining while 7 remaining unchanged on Friday, as 196,119 shares valued at $2,546,049 changed hands.
The Composite Index inched up 0.25 points to close at 1,108.53, the All T&T Index eased 0.12 points to close at 1,763.13 and the Cross Listed Index rose 0.09 points to 60.34.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 4 stocks with the bid higher than the last selling prices and 10 with offers that were lower. The indicators are pointing to more losses for the market, with the prices of some large capitalized stocks set for further declines with offers at or below the last traded prices and bids for a small number of shares which are in some instances some distance from the last traded prices.
Gains| Guardian Holdings rose by 2 cents and close with 1,785 shares traded at $13.02, National Commercial Bank traded 6,715 shares at $2.40 and regained 1 cent and Sagicor Financial with 97,378 units valued at $694,785 changing hands, ended at $7.10 after rising 5 cents.
TTSE sum 13-5 -16 Losses| Clico Investment Fund traded 63,571 shares valued at $1,436,883 to close 5 cents down at $22.60 and Prestige Holdings fell 13 cents and closed with 8,656 shares changing hands, to end at $11.27.
Firm Trades| Ansa McAl traded 15 units at $62.59, Guardian Media traded 300 shares with the price remaining at $19.75, National Flour closed at $2.20 with 77 shares changing hands. Scotia Investments traded 4,732 shares to end at $1.60, Trinidad Cement traded firm at $3.35 with 100 units changing hands, Trinidad and Tobago NGL traded 12,746 units to close at $20 and West Indian Tobacco closed at $126.36, with just 54 units trading.