Witco in big trade on TTSE

Trading picked up on the Trinidad Stock Exchange on Wednesday from Tuesday lacklustre performance on Tuesday with Trinidad Cement over 215,000 shares and West Indian Tobacco having $5.55 million of the value of trading. Trading ended with 13 securities changing hands of which 3 advanced, 3 declined and 7 traded firm, with a total of 544,601 shares, valued at $7,207,809, compared to just 26,774 units, valued at $603,287 on Tuesday.
At the close of the market, the Composite Index remained unchanged at 1,161.56, the All T&T Index fell by 0.12 points to close at 1,969.05 and the Cross Listed Index advanced by 0.02 points to 46.47.
Gains| Stocks increasing in price at the close are, Point Lisas trading 91,315 shares with a value of $349,736 and gained 2 cents to $3.83, Sagicor Financial Corporation trading 4,000 shares to close, 5 cents up at $6.30 and West Indian Tobacco trading 44,288 shares valued at $5,558,144 to end with a gain of 9 cents at $125.50.
Declines| The stocks declining at the end of trading are, Ansa Merchant Bank with 200 shares trading to close lower by 4 cents at $38.90, First Citizens Bank trading 5,184 shares lost 6 cents in closing at $35.75 and Republic Bank lost 3 cents in trading 1,000 shares at a new 52 weeks’ low of $114.93.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund with 1,740 shares to close at $22.57, Grace Kennedy had 45,670 units changing hands at $3.53, Guardian Holdings had 2,000 shares changing hands at $14. JMMB Group trading just 130,000 shares to close at 45 cents, National Enterprises had 1,000 units trading at $17.19, Scotiabank with 500 shares trading, closed at $62.15 and Trinidad Cement trading 217,704 units valued at $631,342 to close at $2.90.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator shows 3 stocks with the bid higher than their last selling prices and 3 with the offer that is lower.