TTSE trading back to basics – Wednesday

Jumping sharply with more than TT$48 million and 2 million shares, trading on Trinidad & Tobago Stock Exchange on Tuesday activity dropped to more moderate levels on Wednesday.
The market closed with an exchange of 16 securities compared to 20 securities on Tuesday, leading to 267,659 shares changing hands with a value of $5,429,159 compared to 2,059,370 shares trading for $48,279,467 on Tuesday.
At the close of the market, the prices of 6 stocks rose, 3 declined and 7 remained unchanged, leading with the Composite Index falling 0.82 points to 1,409.98. The All T&T Index gained 0.85 points to 1,766.77, while the Cross Listed Index fell 0.35 points to close at 142.71.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended at 8 stocks with bids lower than their last selling prices and one with a lower offer.
Gains| Ansa McAl jumped 91 cents and completed trading at $54.91, after exchanging 751 shares, Clico Investment Fund rose 15 cents to end at $24.20, with investors switching the ownership of 193,955 stock units, JMMB Group traded 10,000 shares after rising 5 cents to end at $2.20. Republic Financial closed at a 52 weeks’ high of $125.50 after an increase of 49 cents with 122 units changing hands, Scotiabank gained 28 cents and completed trading of 2,249 units at $59.75 and West Indian Tobacco added 28 cents and settled at $102.28, with investors exchanging 749 shares.
Losses| First Caribbean International Bank lost 25 cents to close at $8.25, with investors exchanging 2,111 shares, Trinidad & Tobago NGL slipped 3 cents in trading just 19 shares to close at $25.42 and Trinidad Cement fell 5 cents to close at a 52 weeks’ low of $1.90 in swapping 11,000 shares.
Firm Trades| First Citizens Bank settled at $41.85, with 764 stock units trading, Grace Kennedy concluded trading of 21,000 units at $3.48, Guardian Holdings closed at $18.50, after exchanging 2,706 shares. Massy Holdings exchanged 435 shares and closed at $56.05, NCB Financial ended at $10.75, with 17,058 units crossing the exchange, Sagicor Financial closed at $10.68, with 3,518 stock units changing hands and Unilever Caribbean completed market activity at $23.50, with investors exchanging 1,022 shares.

Prices of securities trading are those at which the last trade took place.

 

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