Stocks closed with an overwhelmingly negative tone on Wednesday on the Trinidad and Tobago Stock Exchange, with the volume of stocks traded declining 7 percent valued 28 percent lower than on Tuesday, resulting in 19 securities trading compared with 22 on Tuesday and ending with prices of just two stocks rising, 14 declining and three ending firm, with 5 stocks closing at 52 week low.
The market closed with trading of 175,667 shares valued at $2,523,667 compared to 189,728 stock units at $3,525,505 on Tuesday.
An average of 9,246 shares were traded at $132,825 compared with 8,624 units at $160,250 on Tuesday, with trading month to date averaging 7,145 shares at $120,151 compared with 6,277 units at $114,924 on the previous day and an average for July of 11,986 shares at $187,557.
The Composite Index shed 5.92 points to 1,008.01, the All T&T Index dipped 9.65 points to 1,450.83, the SME Index slipped 3.49 points to finish at 96.78 and the Cross-Listed Index lost 0.27 points to conclude trading at 74.80.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Ansa McAl slipped just 10 cents to close at $37.40 with investors swapping 6,035 shares, CIBC Caribbean Bank remained at $9 after an exchange of 1,150 units, First Citizens Group lost 18 cents and ended at $41.82 with a transfer of 10,812 stocks.
GraceKennedy slipped 10 cents in closing at $3.60 with an exchange of 13,998 shares, Guardian Holdings sank $2.49 to a 52 week low of $14.51, with traders dealing in 14,251 stock units, Guardian Media dipped 7 cents to finish at a 52 week low of 75 cents, after 1,567 shares were traded. JMMB Group fell 1 cent to $1.06, with investors trading 24,164 units, Massy Holdings rallied 8 cents to end at $3.95, with an exchange of 44,825 units, Medcorp dropped $3 to end at $48, with the trading of 295 stocks. National Flour Mills fell 4 cents to $1.60 as investors exchanged 3,004 units, NCB Financial increased 1 cent to finish at $1.93, with 10,100 stocks crossing the market, One Caribbean Media shed 25 cents to close at $2.25 in an exchange of 8,650 shares. Point Lisas ended at $3.95 with 58 stock units clearing the market, Prestige Holdings ended at $13 with investors trading 5 shares, 
Republic Financial declined 2 cents and ended at $110.54 after a transfer of 3,011 stock units. Scotiabank sank 45 cents to end at a 52 week low of $50 in switching ownership of 18,199 stocks, Trinidad & Tobago NGL skidded 8 cents in closing at $3.66 after an exchange of 6,203 units, Trinidad Cement sank 7 cents to close at a 52 week low of $2.03 with 382 shares changing hands and West Indian Tobacco slipped 2 cents to a 52 week low of $4.68 with an exchange of 8,958 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.