The Trinidad & Tobago Stock Exchange market recorded gains on Thursday, with Republic Holdings climbing $3 to $140 and seems poised to move much higher.
Republic Holdings hits a 52 weeks’ high of $140.
The T&T Composite Index gained 3.23 to close at 1,493.65. The All T&T Index rose 6.41 points to 1,892.44 while the Cross Listed Index remained at 148.34. Trading resulted in an exchange of 102,489 shares, amounting to $2,231,866 compared to 53,255 shares at $2,164,720 on Wednesday.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with the bids of five stocks higher than their last selling prices and one with a lower offer.
Gains| Guardian Holdings gained 5 cents and closed at $22, with 55,749 stock units changing hands, National Flour ended trading 250 stock units with a rise of 5 cents to $1.45. Prestige Holdings rose 10 cents to $9, with investors exchanging ten shares, Republic Financial climbed $3 to end at a 52 weeks’ high of $140, with 200 units crossing the exchange and L.J Williams added at 5 cents to close at $1.55, with 8,150 units changing hands.
Losses| One Caribbean Media fell 25 cents and ended at a 52 weeks’ low of $8, after exchanging 8,110 shares and Trinidad & Tobago NGL lost 5 cents in trading 4,372 shares to close at $20.90 after trading at a 52 weeks’ low of $20.88 earlier in the day.
Firm Trades| Ansa McAl settled at $55.30, after exchanging 4,000 shares, Clico Investment traded 2,138 shares at $28.48, First Caribbean International Bank ended at $7.85, with 100 stock units changing hands, Grace Kennedy closed at $3.95, with investors exchanging 828 shares. JMMB Group exchanged 7,000 shares to settle at $2.74, while Massy Holdings traded 2,343 shares at $62. National Enterprises ended at $5.50, with 20 stock units changing hands, NCB Financial ended at $11.29, with investors exchanging 300 shares and West Indian Tobacco concluded the trading 8,919 shares at $40.
Prices of securities trading are those at which the last trade took place.
