Investors eased off trading on Monday compared to Friday as the volume and value passing through the market plunged. The market index rose moderately in continuation of recovery that started in early May.
The market closed with thirteen securities changing hands of which two gained, three declined and the price of eight remained unchanged, while one stock traded at 52 weeks’ low. The volume of stocks passing through the market amounted to 188,712 shares valued at $990,863 compared to 1,393,703 shares for $4,290,531 on Friday from 14 securities.
The T&T Composite Index gained 0.44 points to close at 1,289.62. The All T&T Index advanced by 1.21 points to 1,737.32, while the Cross Listed Index lost 0.05 points to end at 113.80.
IC bid-offer Indicator│ The Investor’s Choice bid-offer indicator ended with the bids of four stocks higher than their last selling prices and five with lower offers.
Gainers│ Grace Kennedy rose 30 cents to $3.40, in trading 84 units and Republic Financial Holdings gained 87 cents and ended at $133.60, with exchanging 500 units.
Losers│ First Caribbean International shed 20 cents to finish at a 52 weeks’ low of $7.30, with 274 shares changing hands, Scotiabank lost 9 cents trading 574 units to close at $54.90 and Trinidad Cement dipped 15 cents to $1.80, in exchanging 2,574 stock units.
Firm Traders│ Angostura Holdings was unchanged at $14.40 trading 5,855 stock units, Guardian Holdings exchanging 4,400 units and remained at $18.15, JMMB Group had 25,689 shares crossing the exchange at $1.95. Investors transferred 26,623 shares of National Enterprises at $4.25, National Flour traded 96,568 shares at $2, One Caribbean Media closed at $5.25, with 5,000 stock units changing hands. Trinidad & Tobago NGL ended at $16.25, with a transfer of 14,350 stock units and Unilever Caribbean exchanged 6,221 stock units at $16.99.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
