TTSE stocks under pressure on Thursday

Activity on the Trinidad and Tobago Stock Exchange continued to reflect a negative tone with moderate trading with 11 securities being active on Thursday. The market closed with 3 stocks gaining, 3 declining with the prices of 5 remaining unchanged while 1 securities closed at 52 weeks’ high. A total of 468,388 shares changed hands valued at $9,745,393.
The Composite Index ended with a fall of 0.27 points to 1,163.41 the All T&T Index lost 0.02 points to 1,938.30 and the Cross Listed Index dipped 0.07 points to close at 51.15.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator has turned negative with only 4 stocks with bids higher than the last selling price and 8 stocks with offers that were lower. Trinidad and Tobago NGL closed with an offer to sell 132,169 units at $20.87 compared with a last traded price of $21.25 with a bid at $20.50 to buy 1,402 shares.
Gains| First Citizens gained 1 cent with 22,213 shares valued at 777,410 trading to end at $35, Guardian Holdings traded 4,147 units changing hands and gained 1 cent to close at $14.01 and Prestige Holdings with 121 units changing hands ended at 52 weeks’ high of $10.19 to record a gain of 2 cents.
Losses| Clico Investment Fund traded 356,235 shares valued at $8,104,245 but lost 2 cents to close at $22.73, National Commercial Bank rose by 5 cents while trading 500 shares at $2.29 with a loss of 1 cent and National Flour lost 9 cents to close at $2.40 with 70,327 shares changing hands.
Firm Trades| Agostini’s traded 10,227 shares at $16.95, Massy Holdings traded 133 units at $60, Republic Financial Holdings closed at $112 as 4,000 shares changed hands, this stock is in demand with bids at $112 to buy 218,309 units. Sagicor Financial Corporation ended with 455 shares changing hands at $6.50, Scotiabank contributed 30 shares to close at $61.69.