The Trinidad and Tobago Stock Exchange closed on Thursday, with a modest fall in the market value, with declining stocks, just edging out winners in closing April with gains in the market indices of nearly two percent, in the process wiping out a 3 per cent loss in the early part of the month.
Trading ended with a 62 percent fall in the volume of stocks traded, with the value dropping 84 percent compared with Wednesday, and ending in trading of 22 securities compared with 18 on Wednesday and ending with prices of seven stocks rising, eight declining and seven ending firm.
The market closed with just 171,564 shares being exchanged for a mere $872,965 compared to 447,312 stock units at $5,629,239 on Wednesday.
An average of 7,798 shares were traded at $39,68,0 down sharply from 24,851 units at $312,736 on Wednesday, with trading month to date averaging 16,463 shares at $259,049, marginally different compared with 16,984 units at $272,235 on the previous day and an average for March of 32,004 shares at $251,725.
The Composite Index shed 0.55 points to close at 961.95, the All T&T Index declined 3.78 points to end at 1,388.28, the SME Index sank 0.12 points to 89.69 and the Cross-Listed Index increased 0.41 points to end at 70.79.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and three with lower offers.
At the close of trading activities, Agostini ended at $61.50, with an exchange of 11 shares, Angostura Holdings ended trading at $10.83, after 20 units passed through the market, Ansa McAl fell 1 cent and ended at $51.74 after an exchange of 12 shares. AS Bryden rallied 1 cent to close at $1.69, with 35 stocks crossing the market, CIBC Caribbean Bank ended at $8.30 in switching ownership of 35 stock units, CinemaOne skidded 2 cents to close at $3.98, with 25 shares clearing the market. Endeavour Holdings ended at $18.44 in an exchange of 2,462 stocks, First Citizens Group increased 31 cents in closing at $35.80, with 1,076 units changing hands, GraceKennedy popped 19 cents to end at $3.57 after a transfer of 5,835 stock units. Guardian Holdings lost 2 cents to finish at $15.20, with 3,616 shares crossing the exchange, Guardian Media slipped 1 cent and ended at 68 cents with investors trading 1,262 stock units, Massy Holdings ended at $3.49 in an exchange of 32,725 stocks. National Enterprises dropped 15 cents to $4.25, with 643 units crossing the market 98, National Flour Mills fell 2 cents and ended at $1.44 with investors trading 5,850 shares,
NCB Financial advanced 5 cents to finish at $2.10 and closed after 1,000 units changed hands. Point Lisas remained at $7 with investors dealing in 18 stocks, Prestige Holdings shed $3.20 in closing at $10.60 after an exchange of 1,035 stock units, Republic Financial rose 16 cents to close at $107.20 with investors swapping 269 shares. Scotiabank gained 75 cents to end at $45.50 with a transfer of 95 stocks, Trinidad & Tobago NGL declined 4 cents to close at $8.80, following trading of 12,877 units, Trinidad Cement remained at $1.73 as investors exchanged 775 stock units and West Indian Tobacco climbed 11 cents in closing at $3 in trading 3,888 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.