Two new highs on T&TSE

Trading levels on the Trinidad stock market was moderate on Thursday. 14 securities traded of which 3 advanced, 2 declined and 9 traded firm with two new highs at the end of trading as 226,207 units changed hands, with a value of $4,965,200.The Composite Index lost 3.53 points to close at 1,165.49, the All T&T Index fell by 6.34 points to close at 2,009.82 points and the Cross Listed Index fell by 0.09 points to close at 42.05.
Gains| Stocks increasing in price at the close, are Clico Investment Fund trading 79,033 shares valued at $1,710,341, the price advanced by 9 cents to end at $21.64, buy rated Massy Group, traded 618 units at $69.07 as the price gained 2 cents to land it at a new 52 weeks high and One Caribbean Media traded 394 shares to close $23.13 with a 2 cents gain at a new 52 weeks high.
Declines| The stocks declining at the end of trading are National Enterprises that suffered a loss of 51 cents to close at $18.25 while trading only 100 shares and Sagicor Financial Corporation with 52,420 shares trading for $343,129 and lost 11 cents to close at $6.55.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Agostini’s with 79 units in closing at $17.48, ANSA Mcal 20 shares to close at $66.29, First Citizens Bank 4,539 shares changing hands to close at $35, Guardian Holdings with 3,670 shares traded, to close at $14.30, Flavorite Foods 100 units at $5.75, Angostura Holdings with 100 shares at $13, Jamaica Money Market Brokers added 10,000 shares as the price closed at 45 cents followed by Republic Bank that contributed 20,837 shares with a value of $2,542,114 and closed at $122, while Trinidad Cement with 54,297 shares changing hands for a value of $105,880, closed at $1.95.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator showed 2 stocks with bids higher than the last selling price and 2 stocks with offers that were lower.