TTSE lost grounds on Wednesday

The Trinidad & Tobago Stock Exchange closed down on Wednesday as no stock gained while First Caribbean International Bank closed at a 52 weeks’ low.
The market closed with on Wednesday with only 11 securities trading, compared to 16 on Tuesday, with none gaining, two declining as the prices of nine closed unchanged.
The T&T Composite Index lost 1.82 points to close 1,487.29. The All T&T Index shed 2.02 points to 1,889.42, while the Cross Listed Index edged 0.22 points lower to close at 147.01.
Trading resulted in an exchange of a mere 36,138 shares, for a sum of $1,010,495 compared to 206,400 shares, amounting to $3,300,801 on Tuesday.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with the bids of eight stocks higher than their last selling prices and two with lower offers.
The market closed with no stock recording gains.
Losses| First Caribbean declined 5 cents and concluded at 52 weeks’ low of $7.85, with 328 units crossing the exchange and West Indian Tobacco ended trading 1 cent lower to settle at $41.19, with 100 stock units trading.
Firm Trades| Angostura Holdings settled at $16.17, with 1,188 units crossing the exchange, Clico Investments completed trading of 13,200 units at $28.12, First Citizens Bank ended at $45.25, with 5,080 stock units changing hands. Guardian Holdings closed at $21.99, with investors exchanging 1,000 shares, JMMB Group ended at $2.70, with 1,800 stock units changing hands, Massy Holdings completed trading at $62, with the swapping of 794 units. NCB Financial ended at $11.15 while trading 1,088 shares, Scotiabank finished trading at $62.00, with investors exchanging 949 shares Trinidad & Tobago NGL transferred 10,611 shares and closed at $23.

Prices of securities trading are those at which the last trade took place.

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