Falling prices hit the Trinidad and Tobago Stock Exchange on Wednesday resulted in more than half of the stocks traded declining and sending the primary indices sharply down from the close on Tuesday.
The T&T Composite Index declined by 4.94 points to 1,296.97, the All T&T Index dived 14.16 points to 1,738.39, the Cross Listed Index gained 0.50 points to close at 115.65 after 19 securities trading, up from sixteen on Tuesday, and closed with three stocks advancing, eleven declining and five remaining unchanged.
The market closed with an exchange of 136 percent more shares at an increased value of 117 percent above Tuesday trades. Market activity resulted in 318,046 shares for $2,909,437 changing hands compared to 134,538 shares valued $1,341,715 on Tuesday.
The day’s average trade is 16,739 units at $153,128 versus an average of 8,408 units at $83,857 for each security on Tuesday. For the month to date, the average trade ended at 11,204 shares at $110,882 compared to 7,309 units at $81,154 on Tuesday. October closed with an average of 16,922 units for $285,061.
The Investor’s Choice bid-offer indicator ended with the bids of one stock higher than its last selling price and three with lower offers.
Stocks rising│ First Caribbean International gained 1 cent to close at $7.05 trading 5,000 shares, NCB Financial Group gained 12 cents and finished at $8, with an exchange of 40 stock units and Scotiabank ended 10 cents higher at $54.40, in transferring 5,000 units.
Stocks declining│ Ansa McAL lost $1 and ended at $49, after exchanging 500 units, CinemaOne lost 40 cents trading 160 units to close at a 52 weeks’ low of $4, Clico Investments shed 24 cents to settle at $25.01, with 51,020 shares changing hands. First Citizens Bank fell $2 to $41.50, with 4,870 stock units crossing the exchange, Grace Kennedy finished 10 cents lower at $3.60, in trading 267 units, Guardian Holdings lost 10 cents to close at $20, exchanging 9,084 stock units. 
Guardian Media shed 50 cents, ending at a 52 weeks’ low of $4.45 with 3,744 units changing hands, JMMB Group finished at $1.73 after losing 6 cents, transferring 161,500 shares. One Caribbean Media lost 5 cents trading 10,000 stock units to settle at $4.80. Republic Financial Holdings ended at $141.30, with a loss of 20 cents, exchanging 78 units and Trinidad Cement lost 5 cents to close at $2.05, with a transfer of 550 units.
Stocks trading firm│ Massy Holdings remained at $57.50, in trading 5,000 stock units, National Flour closed at $2 exchanging 49,028 shares, Prestige Holdings transferred 3,566 units at $7. Trinidad and Tobago NGL held firm at $15, with 8,590 stock units changing hands and West Indian Tobacco traded 209 units at $33.45.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
