TTSE stock indices rise – Monday

Trading on the Trinidad and Tobago Stock Exchange closed on Monday with 8 active securities changing hands, 2 of which gained, 3 declined, while 3 remained unchanged, as 48,168 shares valued at $2,249,908 changed hands. At the close 2 stocks ended at 52 weeks’ lows.
The Composite Index gained 1.09 points to close at 1,108.34, the All T&T Index rose 2.17 points to close at 1,754.62 and the Cross Listed Index remained unchanged to close at 61.46.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 6 stocks with bids higher than their last selling prices and 5 with offers that were lower.
Gains| Scotiabank climbed 2 cents in trading 37,056 shares with a value of $1,926,965, to end at $52.01 and Positive sentiment continues flowing from a pick-up in oil prices and helping to increase interest in Trinidad and Tobago NGL that is up 25 cents, to close at $22.25 with 1,094 units changing hands.
Losses| Republic Financial Holdings contributed 1,673 shares and lost 2 cents to end at a 52 weeks’ low of $107.48, L.J. Williams B share traded 300 units and lost 2 cents to end at a 52 weeks’ low of 94 cents and Trinidad Cement fell 8 cents with 500 units changing hands ended at $3.42.
Firm Trades| Clico Investments ended with 4,265 shares changing hands at $22.65, Sagicor Financial Corporation traded 2,780 shares to end at $7 and Scotia Investments traded 500 shares to close at $1.65.
National Commercial Bank price seems set to rise with the bid at $2.50 to buy 188,336 shares and the offer at $2.75 to sell 55,000 units.