Grace Kennedy traded at a new high on the TTSE on Wednesday
The Trinidad and Tobago stock market closed on Wednesday with the value of the stocks trading climbing with Ansa McAl contributing $5.3 million but IC indicator shows the market softening once more. Trading ended with mixed movement in the indices as 10 securities traded, resulting in 235,609 shares valued at $7,852,247 changing hands.
On a day when there were 3 declining stocks, 5 stocks gained and only 2 remained unchanged.
The Composite Index declined by 1.58 points to close at 1,148.84, the All T&T Index slipped 4.33 points to close at 1,810.59 and the Cross Listed Index rose 0.17 at 64.83.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 5 stocks with bids higher than their last selling prices and 9 with offers that were lower.
Gains| JMMB Group traded 20,000 shares at 64 cents, after rising 2 cents, Grace Kennedy traded at a new 52 weeks’ high with 40,000 shares changing hands and rose 13 cents, to close at $5.90 and Scotiabank gained contributed 21,559 shares valued at $1,186,155 to end at $55.02.
Losses| Ansa McAl traded 85,684 units with a value of $5,312,408 but lost 34 cents to close at $62,
Clico Investment Fund lost 5 cents and closed with 16,438 shares valued at $373,991 changing hands at $22.75. National Enterprises ended with 5,000 shares changing hands to end with a loss of 11 cents at $10.60, National Flour had 14,633 shares changing hands with the loss of 1 cent, to close at $2.30 and Trinidad and Tobago NGL closed with 21,559 shares valued at $1,186,155 changing hands at $23.75 with a loss of 74 cents.Firm Trades| Trinidad Cement closed at $3 with 6,180 units trading and West Indian Tobacco had 53 shares changing hands at $126.30.