TTSE market index rises

Trading on the Trinidad & Tobago Stock Exchange on Wednesday, resulted in just 8 securities changing hands compared to 13 on Tuesday and closed with 2 stocks advancing, 2 declining and 4 holding firm.

Only 178,897 shares traded at a value of $3,598,053, sharply down from 664,912 units valued at $10,209,762, on Tuesday.
The Composite Index advanced 0.53 points to 1,207.89, the All T&T Index rose 0.40 points to 1,790.07 and the Cross Listed Index gained 0.09 points to 83.84.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 7 with lower offers.
Gains| First Caribbean International closed trading at $7.62, gaining 2 cents in exchanging 108,213 shares valued at $824,583 and Trinidad & Tobago NGL rose 20 cents to close at $21.80, in trading 2,600 shares.
Losses| Clico Investment closed at a 52 weeks’ low of $22.40, losing 9 cents in an exchange of 28,631 shares valued at $641,334 and West Indian Tobacco lost 4 cents to close at a 52 weeks’ low of $125.84 trading just 26 units.
Firm Trades| 4,030 shares of JMMB Group traded at $1.25 followed by Republic Financial Holdings with 431 units at $101.90, Sagicor Financial closed at $8.02, trading 110 shares and Scotiabank at $58.02 while exchanging 34,856 shares valued at $2,022,345.

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