TTSE stocks closed lower on Tuesday

The slide on the Trinidad & Tobago Stock Exchange continued on Tuesday with trading ending with 375,435 shares valued at $7,264,997 changing hands. A total of 18 securities traded with 4 falling, 4 gaining while 10 remained unchanged. A total of 2 stocks closed at a 52 weeks’ low and one at a 52 weeks’ high.
The market closed with the Composite Index falling 0.76 points to close at 1,158.68, the All T&T Index dropping 1.45 points to close at 1,863.61 and the Cross Listed Index remained at 60.22.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 1 stock with the bid higher than the last selling price and 9 with offers that were lower. More telling is the fact that about a third of the listings have no bids to buy.
Gains| Agostini’s traded 990 shares at $17.03 with a rise of 1 cent, Clico Investments traded 26,975 shares with a value of $1,571,937 to close with a gain of 18 cents at $22.73. Prestige Holdings with 126 units changing hands ended at a 52 weeks’ high of $11.16, to record a gain of 4 cents and Republic Financial Holdings gained by 2 cents to close at $112.20 with 9,094 shares changing hands, at a value of $1,020,269.
Losses| Massy Holdings ended with 8,024 shares with a value of $455,101 changing hands as the price dropped 5 cents to end at a 52 weeks’ low of $56.70, Scotiabank closed with 6,420 shares valued at $381,867 changing hands with a loss of 24 cents to end at a 52 weeks’ low of $59.48. Scotia Investments closed with a loss of 4 cents at $1.71 while trading 50,694 shares and Trinidad Cement lost 2 cents to close at $3.68 with 55,022 shares.
Firm Trades| Ansa Merchant Bank ended with 2,549 shares trading at $38.95, Berger Paints traded 100 shares at $3.68, Grace Kennedy closed with 39,625 units changing hands to close at $5.15. Guardian Holdings ended trading with 22,850 shares valued at $312,955 changing hands at $13.70, National Commercial Bank had 51,688 shares changing hands to close at $2.40, National Flour closed with 6,270 shares changing hands at $1.95. Praetorian Property Mutual Fund contributed 12,000 shares and rose cents to end at $3, Sagicor Financial Corporation 6.5% US$1 preference share traded 70 units at US$1.10, Trinidad and Tobago NGL ended trading 22,359 shares with a value of $424,821 to close at $19 and West Indian Tobacco traded 18,309 units at $126.30 worth $2,312,427.